Nigeria made it to 2014 Hult Prize of $1,000,000

NIGERIA’S flag bearer in the sixth Annual Hult Prize, the American University of Nigeria has advanced to the regional finals of the competition, which winners will receive $1,000,000 in startup funding.

This year there were more than 4, 000
applications from among which the AUN team, which comprises of Hafsat Adamu, Blessing Douglas, and Lucy Okonkwo was offered a place to compete. AUN’s team is the only one from Nigeria to advance to the Dubai stage of the
competition.

“Part of what qualified us is our university’s development mission and commitment to fostering development in our region and the continent, together with the students’ strong, longstanding record of academic excellence and
community engagement,” said AUN’s President Margee Ensign, An instructor in Business & Entrepreneurship, Fardeen Dodo, who coached last year’s team, said the competition will enrich the students’
college experience.

“Besides the competition, students will benefit from several workshops, networking, and entrepreneurial learning events run by a number of professionals and trail-blazing global experts, including Stuart Fleming of Enviroserve, Garett
Awad of the Scholl Centre of Entrepreneurship, Ali Edrissi of JP Morgan (UK), and Khaled Gazawi, the CEO of Grameen-Jameel.”

Dodo who added that the step attained so far by the students was “…demonstration of how far our students are ready to go, to action up our vision of development and commitment to addressing the longstanding social challenges that confront Nigeria and Africa at large.”

In partnership with President Bill Clinton and the Clinton Global Initiative, the innovative programme aims to solve the planet’s most pressing challenges.

Student teams compete in six cities around the world for a chance to secure the $1m prize money meant to launch a sustainable social venture.

The 2015 Hult Prize will focus on building
start-ups that provide sustainable, high quality, and early education solutions to 10 million children under the age of six in urban slums and beyond by 2020.

This year’s challenge was selected and set by former American president, Bill Clinton, who said, “The Hult Prize is about
more than the solution to the problem; it’s about how the world has to work in the 21st century.”

In his remarks, Chief Executive Officer (CEO) and founder of the Hult Prize Foundation, Ahmad Ashkar said, “Servicing the world’s poorest through profitable and sustainable enterprise is not just good for the world; it’s great business.

Our pioneering platform builds
ecosystems by leveraging crowd and we
couldn’t be happier that the American University of Nigeria will be joining our mission with their participation in the 6th annual Hult Prize.”

The Hult Prize gives entrepreneurs from around the world a platform to innovate and revolutionize the way society thinks about servicing the poor.

Each team selected was
chosen from more than 20, 000 applications received from over 500 colleges and universities in over 150 countries. The Hult Prize regional final competitions will take place on March 13
and 14, 2015, in Boston, San Francisco, London, Dubai, and Shanghai. The AUN Hult team will compete in Dubai, the United Arab Emirates.

Following the regional finals, one winning team from each host city will move into a summer business incubator, where participants will receive mentorship, advisory, and strategic planning training as they create prototypes and set-up to launch their new social business. 

A final round of competition will be hosted by the Clinton Global Initiative at its annual meeting in September this year, where CGI delegates will select a winning team, and the prize to be personally awarded by Clinton, who described, the Hult Prize as “a wonderful example of the creative cooperation needed to build a world with shared opportunity, shared responsibility, and shared prosperity, and each year I look forward to seeing the many outstanding ideas the competition produces.”

To learn more, visit www.hultprize.org

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N10,000 entrance exam fee into Lagos model schools condemned

*Govt begins sales of forms
THE Education Rights Campaign (ERC) has
called on Lagos State Government to reverse the
N10,000 placement test fee for pupils seeking
admission into the state’s Model Colleges/
Upgraded Junior Secondary Schools (JSSI) for
the 2015/2016 academic session.
Al statement made available to The Guardian
and signed by the National Coordinator, Hassan
Taiwo Soweto
and National Secretary, Michael Ogundele,
informed that the
b decision of Governor Fashola led administration
to charge parents and guardians N10, 000 fee
for screening test into the state’s Model schools
is unlawful.
social responsibility and given the glaring deficit
in Nigeria’s school population especially to the
disadvantage of the girl child, it is expected that
government would make effort to ensure that
less of the cost of education is put on parents
and guardians in order to promote enrolment.
We demand that the decision to charge the said
amount be immediately reversed in the interest
of the good people of the State.”
“It is unfortunate that soon after the Lagos
State University (LASU) was rescued from a
debilitating astronomical hike in fees, the Lagos
State government is looking towards the Junior
Secondary subsector to implement its anti-poor
motives and agenda for public education.”
“We urge the State government to live up to its
much-advertised free education policy. It is
nothing but a show of shame when a
government claims to be implementing free
education while it at the same time imposes on
parents and guardians all kinds of charges
running into thousands.”
Meanwhile a statement previously released by
the State’s Ministry of Education, informed that
the State has commenced the sales of forms for
the screening test for admission of primary six
pupils into JSS1 of its Model Colleges/Upgraded
Junior Secondary Schools for the 2015/2016
academic session.
The State Commissioner for Education, Mrs.
Olayinka Oladunjoye, in the statement, explained
that two versions of the screening tests will be
adopted this year adding that there will be the
Computer Based Test (CBT), open to only about
b 20 to 30 interested candidates that will like to
participate in the pilot scheme and the regular
Pencil Based Test (PBT) with computer answer
sheet.
She informed that the registration of
candidates could be done through a customised
CD that will be issued to candidates by the
State Examination Board upon the payment of
the sum of N10,000 per candidate payable into
any branch of Fidelity bank with account number
5030000739, agency code 4280011 and revenue
code 40200045; Skye bank with account number
1770602459, agency code 280011 and revenue
code 40200045; and FCMB with account number
L 0135582205, agency code 4280011 and revenue
code 40200045.
She further stated that the screening test is
the only yardstick for admission of pupils into
JSS1 in any of the state’s 15 Model Colleges
across the six education districts.
The screening test is scheduled to hold on
Saturday, May 9, 2015 at the various designated
centers, while the pilot scheme of the CBT will
hold at the ICT/Computer Centre of the State
Examinations Board, Agege.
She urged members of the public, parents,
guardians, head teachers, proprietors and
proprietress of primary schools in the state to
beware of the information and be guided
accordingly.
The 15 Model Colleges/Upgraded Schools
include Lagos State Model Junior College,
Meiran; Vetland Junior Grammar School, Ifako
Iyaiye; Lagos State Model Junior College,
Igbokuta; Lagos State Civil Service Model Junior
College, Igbogbo; Oriwu Model Junior College,
Ikorodu; Government Junior College, Ikorodu;
Eva Adelaja Memorial Junior Secondary School,
Bariga; Lagos State Model Junior College,
Badore; Lagos State Model Junior College,
Igbonla; and Lagos State Model Junior College,
Agbowa.
Others are Government Junior College, Ketu-Epe;
Epe Junior Grammar School, Epe; Lagos State
Model Junior College, Kankon; Lagos State
Model Junior College, Ojo; and Badagry Junior
Grammar School, Badagry.
The sales of forms will close on Friday, April 3,
2015.

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