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Heritage Bank, FAMO Provide Succor for 300 Private School Teachers, SMEs
As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) foundation has provided succor to over 300 affected private school teachers and small medium enterprises (SMEs).
The challenges posed by the COVID-19 pandemic, have continued in the shutdown of schools for months leaving the private school teachers without any means of livelihood and no source of income.
To this effect, in alleviating the challenges, Heritage Bank and its partner supported over 300 Private School Teachers and small businesses as palliatives in 15 local governments; including five major markets in Ojokoro Local Council Development Area of Ifako Ijaiye, in Lagos State, weekend.
Speaking at the event, Mother Dan-Egwu, Group Head, Education, NGO & Faith Groups, Lagos Mainland Zone of the bank, stated that as educational-friendly financial institution, Heritage Bank appreciates the socio-economic role the sector plays in the country.
According to her, Heritage Bank deemed it necessary to partner FAMO to champion the corporate social responsibility of the bank in supporting private school teachers and small businesses out of hardship and the quagmire plunged into nationwide by the pandemic.
She further explained to journalists that Heritage Bank and the Foundation seek to help teachers in phases.
Dan-Egwu said that this phase will comprise of 300 teachers who will get food items and cash worth Ten Thousand Naira (N10, 000) each.
On the mood of selection adopted, she stated that FAMO selected the teachers based on the regions, as the first phase comprised of 300 teachers and SMEs in the South West (Lagos) would be assisted and the poorest of the poor were the main target through the help of National Association of Private School Teachers (NAPST) to identify those teachers in direst need of the assistance.
She, however, disclosed Heritage Bank’s strategy to provide basic palliative care to the educational system at the resumption of academic activities in schools.
According to her, the bank has three areas of basic supports in providing mentorship program for schools, school portal and school health plan in partnership with Health Maintenance Organisations (HMOs).
She further explained that support programs churned out by the bank are designed to instill value and keep students focused on making the best of their lives through corporate models, help school authorities to manage operations and steer them into moving educational system to the new digital era; where teachers can use technology in classroom management, administration, engagement with parents.
For the school health plan, Dan-Egwu hinted Heritage Bank would help to provide a very affordable health plan to ensure that every member of the school community is covered medically, as this will reduce the anxiety amongst teachers, parents and school authorities.
In her address, the Convener of FAMO, Honourable Mohammed, commended Heritage Bank for its bold steps in joining hand-in-hands to support the challenged private school teachers, SMEs sectors and the roles the bank plays in championing CSR in the country.
Mohammed stated that the primary aim was basically to cushion the effect of poverty especially as it concerns the private school teachers.
“The private school teachers because of the pandemic haven’t been paid for 6months and there are a lot of such cases around here. Ifako-Ijaye is the second largest LGA in Lagos State; therefore, it is time to reach out to the people.
During the pandemic, we have reached out to them about 2 to 3 times. I reached out to Heritage Bank and they heard my voice just to partner with us with my palliative team just to cushion the effect,” she said.
Meanwhile, for the SME owners, she further stated that additional plans have been agreed upon with the Agency Banking Unit of Heritage Bank to empower them to function as agents in this space.
She also commended Heritage Bank as a youth friendly bank for their numerous supports to young Nigerians in helping to promote their businesses and dreams.

News
Schneider Electric Reinforces Support to Partners in Achieving Energy Management Goals
Schneider Electric, a global leader in digital energy management solutions, recently held an event for its valued partners with a focus on industry trends, challenges, and the future of energy management.

Officials of Schneider Electric, an event for its valued partners with a focus on industry trends, challenges, and the future of energy management recently
The event provided a platform for attendees to network and share critical insights, including the latest market trends and Schneider Electric’s newest offerings in energy management.
Present at the event were, Country President, Schneider Electric, West Africa, Ajibola Akindele, official distributors, retail partners, panel builders, Marketing and Communications Manager, Schneider Electric, Omobolanle Omotayo, Channel Sales Director, Schneider Electric, Nurudeen Oyedeji, amongst others.
The event featured engaging discussions and presentations that explored the current and future trends in the industry, as well as how Schneider Electric can better serve its customers’ evolving needs while showcasing the company’s latest products and services.
Expressing his gratitude to their partners, Country President, Schneider Electric, West Africa, Ajibola Akindele said, “Our partners’ satisfaction is crucial to enhancing our individual efforts, and we are thankful for their unwavering support. Their partnership has been instrumental in our success as an organization, and we remain committed to working collaboratively to achieve our shared goals.”
Speaking further on working collaboratively with partners, Ajibola Akindele mentioned Schneider Electric has developed a program targeted at empowering electricians for the safe installation of energy management solutions,
“At the core of Schneider Electric is passion for people. To guarantee the safety of our customers, an initiative has been created to equip electricians with products and technical skills for safe installation.”
Channel Sales Director, Nurudeen Oyedeji highlighted a few of Schneider Electric’s latest offerings in energy management, “We have Electrical Vehicle (EV) Chargers, flexible design switches, circuit breakers, switchboards, Building Management Systems (BMS) and other energy solutions designed for residential and small businesses, buildings, data centres, and industries. We look forward to a continuous collaboration with our partners to drive innovation and create sustainable energy solutions for the future.”
Schneider Electric drives digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software, and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centres, infrastructure, and industries.
News
NITDA, SMEDAN to Institutionalize SMEs in Nigeria
The National Information Technology Development Agency NITDA and the Small and Medium Scale Enterprises Development Agency of Nigeria (SMEDAN) have agreed to institutionalise the activities of the Small and Medium Enterprises, (SMEs) in the country.
The proposed agreement was revealed at a meeting between Kashifu Inuwa, CCIE, the NITDA’s Director General, and his SMEDAN counterpart, Mr Olawale Fasanya. The meeting was held at NITDA’s Corporate Headquarters, Abuja,
According to NITDA’s boss, institutionalising the SME would serve as a catalyst for creating wealth and prosperity, adding that, “We have between 60-90 per cent of our businesses under SMEs, but operating informally, how can we formalise them so that even the government can benefit by collecting taxes and have a structure in place to capture the GDP correctly, he queried.
Inuwa noted that most of the Startups the Agency deals with are SMEs who are also trying to solve a real life problem.
He said, “We see Startups as our babies, while for you anybody trying to start any business you see them as your babies. We have startups solving problems in agric, commerce, education, and logistics and so on.”
Inuwa added that the world is moving to smart manufacturing whereby you can design anything on your system and print it using 3D printer.
“We have Digital Fabrication Lab in our Center (the National Centre for Artificial Intelligence and Robotics NCAIR) where you can design all these and manufacture them or prototype them and do mass production.”
He also announced that plans are underway to have facilities everywhere as the goal is for every Nigerian to have access to these kinds of facilities.
Enumerating some of the initiatives which the Agency is undertaking and the collaboration is into with the big techs to include NITDA Learning Management System Online Academy, the Director General assured SMEDAN that their SMEs will be on boarded into some of the programs.
“We are also looking beyond SMEs today; we have what we call IDEs (Innovation Driven Enterprises) which is a process where you start with a mindset that you are solving the immediate problem but the bigger picture is to go global and Information Technology is making it possible for you to reach anywhere in the world.”
Citing the recent research conducted by the Lagos Business School on the booming nature of the Gig economy, the Director General said that as at last year, there were over 2 million Nigerians earning a living through the Gig economy who receive training and work from anywhere using IT, like those doing Bolt and online digital marketing.
Describing the roles of the two agencies as common, the Inuwa said they both exist to develop and help Nigerians create wealth through the use of IT.
“IT is pervasive, anywhere you think of today you need IT to enable it. Our lives revolve around technology,” he noted.
“This kind of collaboration is what can help us have structure to even protect the Gig economy as well”, he concluded.
Earlier in his remark, Mr Fasanya said that they were in the Agency to intimate NITDA of their readiness to further enter into other collaborative areas that will be more impactful to the society.
The SMEDAN’s Director General revealed that they have identified about 70 youths in all the 36 states of the Federation who were trained on different skills, particularly on how to market their products digitally.
While disclosing that his organisation wants their SMEs to take advantage of the digital space, Mr Fasanya said that would give them required knowledge on e-learning platforms, e- marketing and so on.
News
Airtel Employees Give Students a Reason to Imagine, Provides Access to Digital Education
Employees of Airtel Nigeria, under its CSR initiative, Employee Volunteer Scheme Initiative, paid a visit to Kuramo College, a government secondary school in Lagos, and donated modern routers, each equipped with 100GB of data and a two-month roll-over access fee.
The connection devices were donated by Airtel’s Information and Technology team, with a mission to empower students with enhanced digital connectivity.
Speaking during the event, Director, Information and Technology, Seun Solanke, said, “Airtel aims to empower young minds by equipping them with the connectivity to imagine and unlock a world of knowledge and opportunities.
“For Airtel, it is no longer about being a smartphone network but giving people a reason to imagine, so that people can explore the possibilities powered by technology and connectivity. The world is evolving, young Nigerians now have access to unlimited possibilities and can now create their own job titles and descriptions, which is why we now have YouTubers, social media Influencers and the likes.”
He concluded by encouraging the students to maximize the provision of connectivity to back up their future imaginations with the right information and resources, in other to ensure a bright future.
The activities under the Airtel Nigeria Employee Volunteer Scheme, said Airtel management, aligns with the company’s commitment to bridging the digital divide in the country and enabling students to leverage the power of the internet, as the distribution of routers with data plans will ensure that students have uninterrupted access to educational resources, research materials, and online learning platforms, regardless of their socio-economic background.
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