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Stowe School, Woodhall Capital International Foundation Strengthen Educational, Philanthropic Ties In Nigeria

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In a recent event held at the Capital Club in Lagos, Woodhall Capital International Foundation hosted Dr. Anthony Wallersteiner, head of The Stowe Group, alongside his team from the prestigious Stowe School in the UK.

The event, aimed at showcasing the foundation’s work in Nigeria, provided an opportunity to introduce the Stowe team to local communities, Nigerian alumni, and prospective parents.

Stowe School, an esteemed British institution for students aged 13–18, is renowned for its educational excellence and commitment to nurturing students for future challenges.

Woodhall Capital, with its mission to promote Nigeria globally, organised the event to highlight Nigeria’s investment potential and cultural richness.

Viavo Hunponu-Wusu, chairman of Woodhall Capital Foundation, emphasised the importance of such collaborations, noting that the partnership aligns with the foundation’s focus on education, which he describes as “key to addressing societal challenges.”

Dr. Wallersteiner spoke of the meaningful connection between UK charitable organisations and Nigerian philanthropists, stating, “It is exciting to see what can be achieved by working together to make Nigeria, and indeed the world, a better place.”

He shared insights into Stowe School’s initiatives, which include educational programmes and humanitarian outreach in areas like Maiduguri and Borno.

“We’ve been in Nigeria for over a week, feeding more than two thousand children and assisting with education programmes,” Wallersteiner revealed, noting the school’s efforts to educate teachers, support girls’ education, and provide aid to vulnerable youth.

During their stay, the Stowe School team also visited the Soup Kitchen of Woodhall Capital International Foundation, in collaboration with the Kanu Heart Foundation.

Here, they experienced Nigerian cuisine and learned about the foundation’s projects, such as providing dormitories for street children.

The partnership aligns with Woodhall Capital’s broader objective to demonstrate Nigeria’s generosity, with foundation founder Moji Hunponu-Wusu highlighting that “Nigerians are a giving nation, something that isn’t always recognised.”

Stowe School alumni parent, Otunba Funsho Lawal, commended the institution’s impact on his four children, stating, “Stowe brought out the best in my children, shaping them into disciplined and focused individuals.”

Lawal also praised the school’s stability under the consistent leadership of Dr. Wallersteiner.

The event reinforced Woodhall Capital’s commitment to expanding educational opportunities in Nigeria through partnerships with institutions like Stowe.

Hunponu-Wusu expressed her desire for more Nigerians to access high-quality education, both locally and internationally, adding, “We aim to show that our focus on education is international and that Nigerian families also give generously.”

This partnership between Woodhall Capital and Stowe School is part of a larger vision to foster cross-cultural understanding and elevate Nigeria’s educational landscape.

Through such initiatives, Woodhall Capital International Foundation seeks to create a lasting impact that extends beyond borders, celebrating philanthropy and education as universal pillars of progress.

BIG STORY

NLC Demands Withdrawal Of Tax Reform Bills, Seeks Wage Review

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The Nigeria Labour Congress has called for the withdrawal of the Tax Reform Bills submitted by President Bola Tinubu to the National Assembly, urging a more inclusive process involving key national stakeholders.

The union, in its New Year message to Nigerians on Tuesday, emphasised the need for the government to prioritise citizen welfare and address the rising cost of living in 2025.

The NLC President, Joe Ajaero, described the bills as controversial, particularly in northern regions, where they have been criticised as detrimental to economic growth.

He stated that creating a comprehensive national tax policy requires collaboration across all sectors to ensure transparency and acceptance.

In the statement titled ‘In 2025, hope is in our collective resolve’, the NLC urged the government to prioritise policies that improve access to “food”, “healthcare”, “housing”, “education”, “transportation”, and “security”.

It also called for enhanced worker welfare, stating that fulfilling these needs is fundamental to effective governance.

Ajaero emphasised the union’s commitment to negotiating an upward wage review to address the economic challenges faced by workers.

He stressed the need for compliance with the 2024 National Minimum Wage Act and pledged to engage the government in safeguarding workers’ welfare through fair wage adjustments.

The NLC also criticised the increasing use of force in interactions with unions, warning that such actions could disrupt industrial harmony.

“As we step into the year 2025, the Nigeria Labour Congress, NLC, extends warm New Year greetings to every worker and citizen across our great nation.

“The challenges of survival we have faced as a people must not hold us down. Instead, let us find inner strength to build a collective resolve to drive Nigeria out of the morass of underdevelopment that has held it captive for far too long.

“No external power will deliver us from the scourge of economic hardship and stagnation. It is only through our collective effort and determination that we can propel our nation forward,” the statement read.

It urged the government to engage in meaningful social dialogue and uphold agreements with trade unions to maintain peace in the labour sector.

Looking ahead, the NLC plans to host a national dialogue in Ibadan this January to foster collaboration on a new tax framework that supports national development.

The union expressed hope for constructive engagement with social partners to build a more inclusive and prosperous Nigeria.

The statement added, “It is on this premise that we once again call on the federal government to withdraw its present tax bills before the National Assembly so that all key national stakeholders will be part of the process.

“As we embark on a national dialogue in Ibadan in January 2025, we want to join hands in co-creating a new national tax law that would enjoy wider acceptance and fulfil its purpose of propelling national development which we believe is the main objective of government.

“As we move into 2025, we urge the federal government to prioritise industrial peace by taking social dialogue seriously, pursuing pro-human progress policies, and respecting agreements with trade unions.

“We insist that governments at all levels must comply with the provisions of the 2024 National Minimum Wage Act from the very beginning of the year. Furthermore, given the economic realities imposed by recent government policies, we shall engage the government for a wage review to safeguard workers’ welfare.”

The NLC reaffirmed its dedication to advocating for workers’ rights and ensuring that governance reflects the needs of citizens, urging unity and collective resolve to drive the country toward sustainable development.

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Youth Confab To Begin In First Quarter Of 2025 — President Tinubu

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President Bola Tinubu has announced that a national youth conference organized by the federal government will commence in the first quarter of 2025.

Tinubu made this statement on Wednesday during his New Year message to Nigerians.

The president emphasized that the conference is a reflection of his administration’s commitment to youth inclusiveness and their role as nation-builders.

“The Ministry of Youth will soon announce the modalities for selecting the conference’s representatives from our diverse, youthful population,” he stated.

Tinubu also urged governors and local council chairpersons to collaborate with the federal government on agriculture, livestock, and tax reforms to propel the country forward.

“I commend the governors who have embraced our Compressed Natural Gas initiative by launching CNG-propelled public transport. I also congratulate those who have adopted electric vehicles as part of our national energy mix and transition,” he remarked.

“The federal government will always offer necessary assistance to the states,” he added.

“To all citizens, your sacrifices have not been in vain over the past 19 months. I assure you they will not be in vain even in the months ahead. Together, let us stay the course of nation-building,” the president stated.

He also revealed that he would launch a National Values Charter in the first quarter of 2025 to encourage patriotism and national pride among citizens.

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President Tinubu Speaks On $1trn Economy, Youth Confab, Taming Inflation In New Year Message [READ FULL TEXT]

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, in his New Year message to Nigerians, spoke on the economic outlook for the country in 2025 and the prospective interventions of his administration. The president also announced plans for the upcoming youth conference and his intention to unveil the National Values Charter, among other issues.

Here is the full text of the president’s New Year message.

Fellow Nigerians,

As we enter 2025, I wish everyone a happy and prosperous New Year. May you be rich in joy, success, and good health.

As the new year dawns, it brings many hopes, aspirations, and prospects for better days. By the grace of God, 2025 will be a year of great promise in which we will fulfill our collective desires.

Though 2024 posed numerous challenges to our citizens and households, I am confident that the New Year will bring brighter days.

Economic indicators point to a positive and encouraging outlook for our nation. Fuel prices have gradually decreased, and we recorded foreign trade surpluses in three consecutive quarters. Foreign reserves have risen, and the Naira has strengthened against the US dollar, bringing greater stability.

The stock market’s record growth has generated trillions of naira in wealth, and the surge in foreign investment reflects renewed confidence in our economy. Nevertheless, the cost of food and essential drugs remained a significant concern for many Nigerian households in 2024.

In 2025, our government is committed to intensifying efforts to lower these costs by boosting food production and promoting local manufacturing of essential drugs and other medical supplies. We are resolute in our ambition to reduce inflation from its current high of 34.6% to 15%. With diligent work and God’s help, we will achieve this goal and provide relief to all our people.

In this new year, my administration will further consolidate and increase access to credit for individuals and critical sectors of the economy to boost national economic output.

To achieve this, the federal government will establish the National Credit Guarantee Company to expand risk-sharing instruments for financial institutions and enterprises.

The Company—expected to start operations before the end of the second quarter—is a partnership of government institutions, such as the Bank of Industry, Nigerian Consumer Credit Corporation, the Nigerian Sovereign Investment Agency, and Ministry of Finance Incorporated, the private sector, and multilateral institutions.

This initiative will strengthen the confidence of the financial system, expand credit access, and support under-served groups such as women and youth. It will drive growth, re-industrialisation, and better living standards for our people.

On a personal note, thank you for placing your confidence in me as your president. Your trust humbles me, and I promise to continue serving you diligently and wholeheartedly.

We will continue to embark on necessary reforms to foster sustainable growth and prosperity for our nation.

I seek your cooperation and collaboration at all times as we pursue our goal of a one trillion-dollar economy. Let us stay focused and united.

We are on the right path to building a great Nigeria that will work for everyone. Let us not get distracted by a tiny segment of our population that still sees things through the prisms of politics, ethnicity, region, and religion.

CITIZENSHIP

To achieve our national goals and objectives, we must become better citizens and uncompromising in our devotion and allegiance to Nigeria.

Citizens’ moral rectitude and faith in our country are fundamental to the success of the Renewed Hope Agenda. In 2025, we will commit to promoting adherence to ethical principles, shared values, and beliefs under the National Identity Project.

I will unveil the National Values Charter, already approved by the Federal Executive Council, in the first quarter of 2025. I will launch an ambitious national orientation campaign that fosters patriotism and love for our country and inspires citizens to rally together. The Charter will promote mutual commitments between the government and citizens and foster trust and cooperation among our diverse population and between the government and the citizens.

As far-reaching and foundational as our reforms are, they can produce the desired outcomes only through shared common values and identities and unconditional love for our country.

The Youth Confab will begin in the first quarter of 2025, a testament to our commitment to youth inclusiveness and investment as nation-builders. The Ministry of Youth will soon announce the modalities for selecting the conference’s representatives from our diverse, youthful population.

Dear Compatriots, I urge you to continue believing in yourselves and keeping faith in our blessed country.

Let me use this New Year’s message to urge our governors and local council chairpersons to work closely with the central government to seize emerging opportunities in agriculture, livestock, and tax reforms and move our nation forward. I commend governors who have embraced our Compressed Natural Gas initiative by launching CNG-propelled public transport. I also congratulate those who have adopted electric vehicles as part of our national energy mix and transition. The Federal Government will always offer necessary assistance to the states.

To all citizens, your sacrifices have not been in vain over the past 19 months. I assure you they will not be in vain even in the months ahead. Together, let us stay the course of nation-building.

The New Year will bring us closer to the bright future we all desire and the Nigeria of our dreams.

God bless you all, and may God bless our beloved country, Nigeria.

Happy New Year and a prosperous 2025 to you all!

 

Bola Ahmed Tinubu,

President of the Federal Republic of Nigeria

January 1, 2025

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