In what is fast becoming an eyesore in Abuja, the nation’s seat of power, sub-standard schools built primarily for money-making now dot the landscape of most satellite towns in the FCT. With the education inspectorate doing little or nothing to address the menace, stakeholders fear that the practice may harm a system already struggling with the scourge of multi-layered neglect. DIRISU YAKUBU reports!
education is seen largely as both a service and a right. It is the responsibility of the government across all tiers to dispense education to the citizenry, whose right it is to embrace. Difficult as it is to enumerate its mileage in a single report, it suffices to suggest that the biggest weapon in the armoury of Nigeria’s foremost nationalists and Africa’s freedom fighters was the education they had, which enabled them to dare the colonial imperialists, forcing the latter to relinquish power reluctantly.
So big is the harvest of a good quality education that the Sage, Chief Obafemi Awolowo, the then Premier of the Western Region, made education compulsory and free for children, many of whose parents could not afford fees and other payments required to keep their wards within the four walls of an educational institution.
The near collapse of governance at all levels in subsequent years culminated in the fall of education standards, forcing well-to-do parents to withdraw their children and wards from public schools for enrollment in private institutions.
With improved earnings over the years, many parents took the private schools’ option, given their ability to pay more remuneration to teachers while exposing pupils and students to better-teaching models and other extra-curricular activities.
The patronage of private schools, needless to state here, has seen education morph from a service to business ventures. Across major cities in Nigeria, including Abuja, the seat of power, those who have no expertise in school administration have, with a combination of greed and crass opportunism, set up schools, targeting the children of low-income earners, to earn a living.
In most of the satellite towns in the FCT, schools lack basic infrastructure, and qualified manpower and recreational facilities are a common sight today. With government officials either playing the ostrich or abdicating their duties, enforcement of standards has thus been relegated to the background.
In a tour of some ‘schools’ in Abuja, The PUNCH uncovered a litany of rot, ranging from the engagement of semi-literate teachers to the absence of libraries, laboratories, sports facilities, to name just a few.
Findings revealed that the school proprietors, while charging relatively high fees, pay their teachers peanuts, citing the harsh economic realities of the times.
At Leaders Academy Drive, off Tiga Street, Kurudu, Abuja Municipal Area Council, is a three-bedroom apartment housing a family of four. It is a middle-class residential building, plastered but not painted. On this fateful Tuesday morning, a sharp voice emanating from a store in this building got the attention of this correspondent.
To his surprise, a young lady reading out Nigerian States and their capitals announced to a class of four children an impending examination to test their mastery of what she had taught them thus far.
Surprised that a school was being run in such a location, this reporter took a few steps in the direction of the young teacher, and this conversation ensued.
“Good morning, madam. How are you doing today? You run a school here?,” I asked her.
Good morning, sir. Yes, we are just starting,” she replied. “Our target is the young children who are old enough to be in school now, but due to one reason or another, are not. Things are tough for many families, and we are trying to make sure that we have in place a system that can be of assistance to these young children and their parents.”
Then I went further by asking to know if it was a conventional school she set out to run.
“Interesting! I will be right to say this is not a formal school but an arrangement to get these young minds engaged, preparatory to having them enrolled in a conventional school.”
She replied, “It is a conventional setting, sir. From here, their parents can take them straight to basic four or five and after a year or two, they will proceed to junior secondary school. I have ten pupils here of different ages. They did not start at the same time, and I don’t teach them the same thing.”
When I asked which curriculum they used in teaching the kids, she added, “I teach them the things I believe they should know. I teach them English, Mathematics, Civics Education, Christian Religious Studies and Basic Science. We are not using any curriculum for now.”
On the affordability of her arrangement, she replied, “We have an agreement with the parents. I am also a bit careful because there are basic requirements for setting up a school. The parents love what I do here, and they support me. I don’t want to speak in detail about fees or whatever you call it.”
She refused to state whether she was a trained teacher or not, when this correspondent asked to know. Instead, she stated her love for teaching endeared her to the project.
“I will go back to school. It is my love for teaching that inspired me to start this. I will go back to school soon. Like I said, these children are very young. I am just trying to teach them basic things they should know at this stage of their lives,” she added.The story of this unnamed “school” resonates across many communities in the Federal Capital Territory. Taking advantage of a system with a near-zero disposition to the enforcement of basic standards, individuals with little or no training in education set up ‘schools’ that can best be described as business centres.
Still in the Kurudu District, the story is slightly better at the Lifespring Academy, which runs nursery/primary and secondary schools.
At Lifespring, the school lacks a modest space required for the sporting needs of the students. As it were, students here make use of public fields at the Local Education Authority Primary School for their interhouse sports and other outdoor activities.
A man who simply identified himself as Mr Joshua told our correspondent that though Lifespring is an upgrade on other schools in the vicinity, it suffers from a lack of adequately trained manpower needed for imparting knowledge.
He said, “Everything is turning to business, and we should be worried. Here (Lifespring), one is surprised to see that they have an SSCE and NECO accreditation centre. That is their biggest bargaining chip. They will tell you that their accreditation status indicates the high rating they enjoy in the books of the Federal Capital Territory Administration authorities.
“We must not manage two things: education and health. If health and education facilities are substandard, let us not expect much to reap thereafter. What is happening is that business is winning, but services are neither here nor there.”
Lifespring Academy, Kurudu, Federal Capital Territory
A trip to the Ivy Academy, Kpeyegi, revealed a similar pattern of poor standards and lack of trained manpower. A pre-nursery, nursery, and primary school, Ivy Academy boasts a handful of skilled teachers and several school certificate holders.
At the Graceland International Academy, Orozo, a magnificent edifice, paints a phoney picture of efficiency on how things ought to be done.
The PUNCH’s findings, however, revealed a litany of shady deals, including the poor payment of teachers, some of whom have complained to no avail.
“While the management of the institution frequently announces an increment in the fees paid by the students, the same does not reflect in the remuneration of teachers who do the bulk of the work,” a young woman who declined to be named told our correspondent.
According to her, “These people see themselves as destiny helpers and in a way, they are right. They make you feel that you are indebted to them for life for allowing you to earn a living. So, you have no power to influence things and a staff member, you also have to be careful because colleagues who are into eye service can betray you,” she added, without providing further explanation.
Perhaps, the worst of these private schools is the Potter’s Legacy Ville Academy, Anka. Located along the Karu/Orozo/Karshi expressway, one can be carried away with the allure of its beautiful name.
Exposed to multiple dangers, including security threats and noise pollution, the unfenced school is certainly where everything happens except conducive learning. Without a gate, the school, as well as its pupils and teachers, are exposed to the threat of abduction, invasion, and all forms of criminal activities.
Needless to state here, the school is an employer of poorly-trained teachers, who are only too glad to be earning a living with the little knowledge they can dispense.
At the City Royal Junior and Secondary Schools, Nyanya, Abuja, the major challenge identified by our correspondent is the lack of a playing field for extra-curricular activities for both teachers and students.
“Without striking a balance between education and sports, “a Mathematics teacher, Mr Haruna Kebe, argued that the needed psychological equilibrium needed to excel may prove a huge challenge for students.
While noting that education has gone beyond the rendering of essential services, Kebe frowned at the influx of businessmen into the sector, who merely built schools for the sole purpose of financial gain.
He said, “People are setting up schools as business ventures. Many of them are not educationists, but they are in the business of running schools everywhere. In some cases, residential buildings are converted to schools. They are tapping into a gap in the system to make the argument that they are also creating jobs. These people don’t care about standards. This is a grave concern we must address as a nation,” he said.
Haruna
He further lamented the absence of a sports field for the physical development of children in the areas of football and track events, saying, “Most of them don’t have the environment for sporting activities, and this is one of the requirements for setting up a school.”
The Maths teacher, who has taught the subject in different schools, further revealed how the lack of standards makes it easier for school proprietors to enslave teachers, taking advantage of the scarcity of jobs in the country.
“Most of the teachers are overworked. In the last school I taught (name withheld), I was teaching Mathematics from JSS 1-3, taking SS1 students in Physics and handling Basic Science for JSS1-3 Basic Technology. You can see that they don’t care about the staff’s mental health. They are only interested in what comes into their pockets,” he added.
He also faulted religious bodies for setting up schools that they cannot manage.
“The churches are establishing schools because through these schools, they make money to run the churches. I have no issue with well-run schools owned by churches. But a situation where a church struggling to find its feet also sets up a school simultaneously leaves much to be desired,” he added.
Qualification
“How many teachers are qualified? There are very few. But I don’t think a Bachelor’s degree in Education is the main thing, because some of these so-called qualified teachers are not better than those who do not have degrees in education. I have a B.Sc in Mathematics and a National Diploma in Chemical Engineering, but I have a passion for teaching. I see it as my calling. I have been in teaching, off and on, since 2007, but I don’t think a B.Ed holder in Mathematics will look me in the eyes and tell me he is a better teacher than I am. I will not accept it,” he added.
“What they pay the teachers is nothing to write home about. The money is very small compared to their workload. Before now, school owners in Abuja were paying N15,000 for NCE holders, N20,000 for B.Sc. This was before inflationary pressure forced them to have a rethink. Some of the schools now pay holders of B.Sc N30,000 a month, especially those who are not in the sciences.
“In the last school I taught, the owner paid N30,000, and she deducted N2,000 each from those monthly salaries until it accumulated to N30,000. This amount was kept for each other, and anytime they wanted to leave, they were required to give a month’s notice. It’s this N30,000 that would be given to him or her in full anytime they choose to walk away. But if a teacher chooses to leave without a month’s notice, the N2,000 deductions would be forfeited.
“But as a Science teacher, I earned twice what my counterparts in the Arts were earning. The money is not encouraging. But the standard schools pay as much as N70,000 to N80,000 a month,” he explained.
Unskilled teachers
Accoroding to the Mathematics teacher, “Most of the school owners prefer school certificate holders as teachers because they are comfortable with the little token they pay them. The graduates demand higher salaries. In most of the schools, the school certificate and NCE holders are more in number compared to graduates because it costs less to retain their services.
“In the last place I taught, the proprietor retained me because she was bent on having an SSCE/NECO centre accredited for her. One of the requirements for having this centre approved for you is that your teachers must be well-educated. You must have at least five or six B. Ed or BSc holders before a NECO centre will be approved for a school. When the officials came to inspect the place, we were the qualified teachers who stood in defence of the school. The NCE and SSCE holders stayed away.”
A teacher in one of the privately-owned schools in Jikwoyi, identified simply as Chidi, called on the FCTA education inspectorate department to take its job seriously, noting that some of the schools operating in the nation’s capital today have no business existing in the first instance.
He said, “Ultimately, it is the future of the young ones we are jeopardising by sharp practices happening in these so-called schools. I know a man who turned the three-bedroom flat built for him by his son in Lagos into a private school. He goes around telling gullible parents that God instructed him to start a school.
FCT Minister, Nyesom Wike
“Being an evangelist, it is understandable that people are listening to him. What shocked me more was that with time, some parents withdrew their children from their schools and enrolled them at the there-bedroom apartment turned school.”
Asked how the evangelist cum educationist is paying the teachers, he was temporarily lost for words before continuing, “That is the interesting part of the story. He brainwashed some young people in his church into believing that the school is God’s project. When he collects fees from the pupils, he pays the teachers. At times, he pays when his son sends him money. This is how the place is run.”
Speaking exclusively with The PUNCH, school proprietor, Mustapha Haruna, urged those with genuine interest in running schools to abide by due process and avoid cutting corners.
Haruna, who runs the Discovery International Academy, Suleja, Niger State, described education as the finest gift a nation can bequeath to the younger generation, stressing that anyone desirous of owning a school to build the lives of young minds must be prepared to go the whole distance.
Lamenting the influx of Nigerians into the system who have no training in school administration, Mr Haruna warned that if left unchecked, such a system may end up doing more harm than good.
In an interview with our correspondent, The Imiegba, Edo-born school proprietor said, “One needs to be passionate about education. It is not about making money. If you are making money and not impacting the lives of the pupils and students, you have not started, and you have no reason to remain in the system.”
For a country desirous of joining the league of advanced nations, education is a sector too significant to be left in the hands of unskilled men whose interest lies not in quality service delivery but in profit-making. From basic to secondary school education, the government, including federal, sub-national, and local, must take decisive steps to address the looming danger threatening the progress of the Nigerian state.
The Nigerian National Petroleum Company Limited has serviced part of its $3bn forward-sale loan from the African Export-Import Bank with crude oil worth N991bn in 2024, according to its 2024 financial statement report. The repayment was tied to Project Gazelle, a forward crude oil supply agreement signed in 2023.
On August 17, 2023, The PUNCH reported that the NNPC announced it had secured a $3.3bn emergency loan to repay crude oil obligations from Afreximbank. It explained that the loan would be used by the oil company to support the Federal Government in stabilising Nigeria’s exchange rate.
“The NNPC Ltd. and AFREXIM bank have jointly signed a commitment letter and Termsheet for an emergency $3bn crude oil repayment loan,” NNPC said in a statement.
“The signing, which took place today at the bank’s headquarters in Cairo, Egypt, will provide some immediate disbursement that will enable the NNPC Ltd. to support the Federal Government in its ongoing fiscal and monetary policy reforms aimed at stabilising the exchange rate market,” it added.
Under the deal, NNPC committed to deliver 90,000 barrels of crude oil per day from Production Sharing Contract assets to back a funding facility. According to the 2023 financial statement, a drawdown of $2.25bn had already been achieved by 31st December 2023, with principal repayment scheduled to begin in June 2024.
The funding carried an interest rate of 3-month LIBOR plus 6.5 per cent, with a 6 per cent margin and 0.5 per cent liquidity premium.
According to the 2024 financial statement, the drawdown on the facility had reached N4.9tn out of a total available N5.1tn, while N991bn worth of crude oil had been lifted in repayment, leaving an outstanding balance of N3.8tn at the end of 2024.
The report read, “In December 2023, NNPC Limited entered into a forward sale agreement with Project Gazelle Funding Limited to supply 90,000 bbl. of crude oil per day from Production Sharing Contract Assets for the settlement of a 5-year N2.7tn funding.
“The funding was utilised by the company to finance an advance payment of future taxes and royalty obligations due to the federation on PSC assets managed by the Company on behalf of the Federation.
“As at 31st December 2024, a drawdown of N4.9tn has been achieved from the initial facility of N5.1tn. The interest rate for the facility is 3-month SOFA plus 6.5 per cent while the margin and Liquidity Premium of 0.5 per cent respectively. A total value of Crude Oil worth N991bn has been lifted with a balance of N3.8tn as at 31st December 2024.”
The repayment was made between June and December 2024. However, NNPC did not disclose the identity of the offtakers or exact delivery volumes fulfilled in 2024.
The Project Gazelle arrangement has become one of NNPC’s most significant forward-sale financing vehicles, following a trend of oil-backed loans designed to shore up government revenues, refinance legacy debts, and meet budgetary obligations amid limited fiscal buffers.
The PUNCH earlier reported that the NNPC Ltd is burdened with crude-backed loan obligations estimated at N8.07tn.
The liabilities stretch across multiple forward-sale and project-financing arrangements that are expected to be serviced through substantial crude oil and gas deliveries. The commitments have become a major pillar of NNPCL’s funding structure following years of fiscal pressure, volatile crude production, and declining upstream investment.
Several of the facilities were used to refinance older debts, fund refinery rehabilitation, support cash flow, and meet government revenue obligations.
When assessed together, the company’s major crude-for-loan facilities—Eagle Export Funding (21,000 bpd), Project Yield (67,000 bpd), Project Leopard (35,000 bpd), and Project Gazelle (90,000 bpd)—represent a combined commitment of 213,000 barrels per day, in addition to separate gas-delivery obligations under the NLNG arrangement.
The volume equates to a sizeable share of Nigeria’s daily crude output, underscoring the long-term implications of these arrangements for government revenue, export allocation, and operational flexibility.
The PUNCH also reported that Nigeria’s gross profit from crude oil and gas sales plunged by N824.66bn in 2024 despite a rebound in oil production, according to figures from the Budget Implementation Report for the fourth quarter of 2024 released by the Budget Office of the Federation.
Data from the report revealed that gross profit from crude and gas sales fell to N1.08tn during the year, from N1.90tn in 2023, representing a 43.32 per cent decline.
The Chief Executive Officer of AHA Strategies and oil and gas expert, Mr Ademola Adigun, earlier linked Nigeria’s declining oil earnings to opaque crude-for-cash agreements and undisclosed loan repayments that have tied up part of the country’s crude output.
He said some of the government’s oil barrels were already committed to debt settlements and forward-sale contracts, reducing the actual volume that brought fresh revenue into the Federation Account.
Adigun said, “Some of our crude is already tied up in loan agreements. The problem is that Nigeria doesn’t know the full details of these transactions because there’s little transparency around them.”
He explained that several crude-backed projects, such as Project Gazelle, were carried out without proper public disclosure or parliamentary scrutiny.
He added that the Nigeria Extractive Industries Transparency Initiative should strengthen its audits to determine how much of the country’s crude is being used for debt repayment or swap transactions.
Chairman of Dangote Group, Aliko Dangote, on Friday said Nigerians will no longer experience fuel queues during the Christmas and New Year seasons.
Briefing State House correspondents after meeting with President Bola Tinubu at the Aso Rock Villa, Abuja, Dangote said his refinery has formally notified the Nigerian Midstream and Downstream Petroleum Regulatory Authority of its readiness to deliver 50 million litres of Premium Motor Spirit daily, far above national consumption.
He said, “Historically, Nigeria has battled fuel queues since 1972. For the first time, we are eliminating those queues, not through imports but by producing locally.
“Even when we were servicing the refinery, there were no queues. I can assure you that queues are now history.”
Dangote stated that the refinery will soon produce surplus volumes, adding that by February, it will supply 15–20 million litres more than Nigeria needs.
This, he argued, will allow exports to neighbouring countries, reducing the incidence of fuel scarcity across West Africa.
The industrialist also disclosed that domestic manufacturers, especially in the plastics industry, will now enjoy reliable access to locally produced feedstock, ending years of reliance on imports estimated at $400m annually.
Dangote also announced an expansion programme that will raise refinery capacity to 1.4 million barrels per day by 2028, surpassing India’s Reliance refinery, the world’s largest, at 1.25 million barrels per day.
“We have already signed the necessary agreements.
“Construction piling begins before the end of January, and we will deliver on schedule,” he announced.
He revealed plans to scale up the company’s urea production to 12 million tonnes annually, positioning Nigeria to overtake Russia and Qatar as the world’s leading producer.
“Our goal is to use our fertilizer company to supply the entire African continent,” Dangote said.
Dangote attributed the recent drop in petrol and diesel prices to increased competition and reduced smuggling.
“Prices are going down because we must compete with imports.
“Luckily, smuggling has dropped significantly, though not completely,” he explained.
He noted that the refinery business is a long-term national investment, saying, “We’re not here to recover $20 billion overnight.
“The legacy I want to leave is that whatever Nigerians need, fuel, fertiliser, power, we will be part of delivering it.”
Dangote further highlighted logistics constraints affecting Nigeria’s solid minerals sector, particularly the congestion of major ports.
“Apapa is full. Tin Can is full. Lekki is mainly for containers.
“You cannot export coal or copper if you have nowhere to ship from,” he noted.
To curb this, he explained that the Group is developing what would become West Africa’s largest deep-sea port at Olokola, expected to be completed in two to two-and-a-half years.
The Kano-born businessman expressed support for the Tinubu administration’s naira-for-crude initiative, describing it as a patriotic move to strengthen the economy, although he acknowledged pushback from international oil companies.
According to him, “It’s a teething problem, but it will be resolved, either through legislation or administrative action.”
On concerns about global competition, Dangote maintained that the refinery will thrive.
He said, “What we want is to make Nigeria the refining hub of Africa. All African countries import fuel. We want what we consume to be produced here.”
He also endorsed the government’s Nigeria-first industrial policy and urged wealthy Nigerians to channel resources into productive investment rather than luxury spending.
“If you have money for a private jet, invest in industries and create jobs,” he stated, adding that domestic investors must drive industrialisation to attract foreign capital.
Dangote acknowledged past hurdles, policy instability, smuggling, and factory closures, but expressed optimism that the country is now on a stable path toward sustainable industrial growth.
“Domestic investors must lead the way. Once they do, foreign investors will follow.
“Nobody advertises a good restaurant; when the food is good, word spreads,” he explained.
He described his meeting with President Tinubu as a routine consultation on the economy and business environment, noting that it was “a very fruitful meeting.”
Nigeria’s premier financial technology company, OPay, has been named Fintech Company of the Year and Best Fintech in Cybersecurity at the ninth Tech Innovation Awards.
In a statement on Thursday, OPay said the award was in recognition of its innovation and security leadership.
The awards ceremony, held on 29 November 2025, in Lagos, convened top organisations and industry leaders who shape the country’s digital landscape.
Speaking after receiving the honours, Chief Compliance Officer at OPay, Chukwudinma Okafor, said, “These awards are a testament to our relentless pursuit of excellence in fintech and our unwavering commitment to user security. Every innovation we introduce, from secure payments to advanced compliance measures, is designed to give millions of Nigerians the confidence to transact safely. This recognition belongs as much to our dedicated team as it does to the users who inspire us to continually raise the bar for excellence in fintech and cybersecurity.”
Highlighting OPay’s proactive approach to security, Chief Commercial Officer Elizabeth Wang said, “We are incredibly proud to receive both Fintech Company of the Year and Best Fintech in Cybersecurity at the 9th Tech Innovation Awards, two recognitions that highlight our dedication to security and user protection. At OPay, we believe that equipping users with the knowledge and advanced tools is essential to building trust and promoting financial inclusion. This was demonstrated through our OPay Security Vote Campaign some months ago, a dynamic social media initiative that educated users on our in-app security features. The campaign has helped millions of Nigerians understand how to protect their accounts and transact safely, reinforcing that security is central to everything we do. Hence, these awards recognise not only our leadership in fintech but also our commitment to keeping every transaction secure and our customers confident in their financial journey.”
OPay was established in 2018 as a leading financial institution in Nigeria with the mission to make financial services more inclusive through technology. The company offers a wide range of payment services, including money transfer, bill payment, card service, airtime and data purchase, and merchant payments, among others. Renowned for its fast and reliable network and strong security features that protect customers’ funds, OPay is licensed by the Central Bank of Nigeria and insured by the Nigerian Deposit Insurance Corporation with the same insurance coverage as commercial banks.
