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STEM METS Partners A.G. Leventis to Promote STEM Education

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As part of its commitment to inspire young minds, STEM METS Resources has partnered with A.G. Leventis to impact the next generation through Science Technology Engineering and Mathematics (STEM) Robotics workshop for schools in Apapa LGA.

The partnership is a long-term commitment to educate, empower and elevate young minds while also ensuring accountability through measurable outputs.

STEM METS Resources Limited, a social enterprise dedicated to enriching young minds is an indigenous company geared towards providing World-Class services that are skillfully designed to equip Nigerian children and youth with the necessary skills set to compete and succeed in the global space.

In the modern global economy, STEM is closely linked with a country’s economic prosperity. Developed countries who have become global leaders have relied heavily on the hard work and innovations of scientists and engineers.

To ensure the consistent economic prosperity, it is necessary for developing countries such as Nigeria to focus on STEM education. Now more than ever, there is a need for Nigeria and Africa to expand the capacity and diversity of the STEM workforce pipeline to equip the younger generation with requisite skills for jobs of the future.

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Also, with the pandemic outbreak in 2020, a lot has changed in the workforce. The resolve to work and learn remotely introduced global cross-functional teams. This has reinforced the need to educate the next generation to help them compete on a levelled playing field against their international contemporaries in the global job market.

Commenting on the partnership, Jadesola Adedeji; CEO STEM METS said “Technology is an integral part of a nation’s accelerated growth and stabilized economy which then make STEM education a top priority in educational system. Exposing these young minds to it at an early age is a guaranteed way to build a generation of innovators and thinkers who will sustain and strengthen the evolving position of Nigeria and Africa at large.”

“The future is digital, and we believe that strategic partnerships such as this will provide a conducive learning environment around STEM and ensure a ready pipeline of skills for young minds.

“Through various trainings and workshops, we remain committed to supporting the educational journey of children in our host community and preparing young champs for the future of work in the global space.” said Ms Seun Oni; Group MD of A. G Leventis.

STEM METS Resources is a long-term partner in improving Nigeria’s STEM education system through the provision of innovative and alternative educational learning platforms and continues to equip children and youths with the required skill set to compete in the future global workforce.

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Over the years, more than 10,000 young minds have benefitted from the various workshops, holiday camps and weekly enrichment camps.

 

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Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

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Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.

According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.

Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.

He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.

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“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.

He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.

The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.

In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.

He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.

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NAICOM Issues New Licences to 43 Recapitalized Insurers

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The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.

According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.

Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.

He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.

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The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.

He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.

According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.

Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.

The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.

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Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

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Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.

Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.

Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.

The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.

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Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.

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