Business
RSG Raises Standard For WASC, NECO Registration
The Rivers State Commissioner for Education, Dame Alice Lawrence Nemi has directed that henceforth candidates seeking to register for the West African School Certificate (WASC) and the National Examination Council (NECO) Examinations in both public and private secondary schools must present original certificates and photocopies of their junior secondary results.
Also, principals will be required to show transfer certificates and results of students admitted into SS 3 in their various schools before such candidates would be registered for the two examinations.
This, the commissioner explained, is a reaction to reported cases of irregularities associated with the on-going registration of students for public examinations in the state.
Dame Nemi stressed that these steps are taken to ensure that only bonafide secondary school students actually register for WAEC, NECO and SSCE and not external candidate, who should be sitting for WAEC, NECO and SSCE for private candidates in November/December as indicated by the examination bodies.
She added that the present administration is determined to stamp out cases of over registration of candidates for WAEC which, she noted, creates room for rowdiness and in effect examination malpractice for WASC and NECO examinations.
The commissioner thus directed, the Director of Secondary Education, Mrs Stella Wigwe to ensure that all principals comply with these directives immediately.
Meanwhile, as public and private primary and secondary schools resume for the 2009/2010 academic session, the state Commissioner for Education has condemned improper dressing among teachers of public primary and secondary schools in the state.
She made the condemnation during an unscheduled visit to Township State School, Moscow Road recently as part of her routine checks on school administration in the state.
The Education boss argued that as professionals teachers are role models who should dress smartly to give confidence to their pupil in all teaching and learning sessions.
She, however, directed the absence of pupils from schools and frowned at the practice where pupils and students are kept at home for days after resumption of schools, adding that parents and guidance should endeavour to send their pupils and students to school immediately after resumption.
Sogbeba Dokubo
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
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