Toyin Larayetan, the Chief Executive Officer of Zion Study Centre, has called on the federal government to establish an Edu-bank to address lapses in educational infrastructure across the country.
Toyin made the comments during his recent weekly broadcast titled “Echoes from Zion,” emphasising the urgent need for such an initiative, drawing parallels to the existing Bank of Agriculture, which provides crucial financial support through grants and soft loans to enhance agricultural development. He explained that an Edu-bank would similarly empower the private sector to play a more active role in driving progressive change within the educational landscape.
Toyin maintained that the establishment of an Edu-bank could facilitate the flow of resources into educational institutions, enabling them to function at an optimal level. This, he suggested, might lead to improved facilities, better-trained educators, and ultimately, a more robust educational system capable of nurturing future generations.
In addition, Toyin addressed the alarming results from the recently concluded West African Examination Council (WAEC) examinations, where many students demonstrated inadequate performance. He attributed this troubling trend largely to the widespread incidence of examination malpractice within schools. He noted that the culture of cheating has brought about a lack of motivation for students to read their books.
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