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Paxful Breaks Ground on Fourth in 100-School Initiative

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SEPTEMBER 17, 2020 — Paxful, a global peer-to-peer bitcoin marketplace, announced today that it has broken ground on the fourth in its 100-school initiative aimed at building quality education centers in emerging countries. The fourth school, located in Nigeria, will come fully equipped with a state-of-the-art solar-powered and water well system, and in response to safety requirements associated with COVID-19, Paxful will also provide Personal Protective Equipment for all teachers and students including facemasks and hand sanitizers.

According to Ray Youssef, CEO, and co-founder of Paxful, “The #BuiltWithBitcoin initiative now supports over 400 students.” He highlights that through the 100-school plan, Paxful expects to bring education to nearly 15,000 young people throughout Africa while providing jobs to almost 300 teachers.

“The fourth school, which will be located in the Ankara Nandu community, Sanga Local, Kaduna State, Nigeria will serve an estimated 100-120 children between the ages of three to six years old. The school will also double as an adult learning space in the evenings assisting in providing hundreds of people with a supplemental education,” says Youssef.

The city is home to 4,000 people and presently has only one school which serves as both
primary and secondary schools.

All schools, including the newest location in Nigeria, come with water filtration systems, not just to supply the locals, but also gives them an opportunity to manage the facility for sustainability.
They are also solar-powered to make the schools more maintainable by the locals. Youssef
says that “Paxful covers all fees associated with running the schools, including teacher and
support staff salaries, power and water supply, in addition to school supplies and uniforms for
the students.”

On the choice of the location for the project in Nigeria, the CEO and Co-Founder says, “We
chose this particular community because of the lack of necessary resources and limited school infrastructure. They are in dire need of quality learning spaces and this school is an honest representation of the impact bitcoin can have on societies as a whole, and more specifically, how it can enhance education.”

While calling on public-spirited individuals and corporates to join hands with them, Youssef,
says, “Donations are accepted on rolling bases on builtwithbitcoin.org and will be used to aid the completion of the school among additional #BuiltwithBitcoin initiatives including Paxful’s Africa Fund for COVID-19.” Paxful will kick off BTC donations with an initial injection of $35,000 of funds.

Paxful’s #BuiltWithBitcoin initiative began in 2017 with partner Zam Zam Water, a humanitarian organization devoted to eradicating poverty by providing clean, sustainable water and access to quality education to rural dwellers across the globe. The first of the four schools was completed in December 2017 in Rwanda, by representatives of both partners, while the second, also in Rwanda was completed in 2018, while the third school was built in 2020 in Kenya.

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Education

#EndSARS Protest: Sanwo-Olu Orders Closure Of Schools In Lagos

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Sanwo-Olu Extends Lagos Curfew By 72 hours
#EndSARS Protest: Sanwo-Olu Orders Closure Of Schools In Lagos

Babajide Sanwo-Olu

The Lagos State Government led by Governor Babajide Sanwo-Olu has ordered the closure of public and private schools indefinitely in the state.

The closure of schools in Lagos was announced in a press statement on Monday by the state’s Head of Public Affairs, Ministry of Education, Kayode Abayomi.

Also Read: #EndSARS protesters break into Lagos International Airport (Videos)

The statement which was titled, ‘Lagos directs students to stay at home’, quoted Mrs. Folasade Adefisayo, the Commissioner for Education, as saying that the schools were shut down over “tension generated by the anti-SARS protests.”

This is coming at a time #EndSARS protests against police brutality and bad governance by Nigerian youths grounded academic activities in some schools in the state on Monday.

“A new date of resumption for all classes will be announced as soon as possible.”

 

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NECO Shifts Exam Over #EndSARS Protest

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NECO Shifts Exam Over #EndSARS Protest

NECO Shifts Exam Over #EndSARS Protest

The National Examination Council, NECO, has announced the rescheduled of one of the practical examinations supposed to hold in October till the next month.

This was contained in a statement made available to newsmen on Sunday, October 18, by the Head, Information and Public Relations Division for the Nigerian exam body, Mr. Azeez Sani.

He announced that the Paper I Computer Studies Practicals examination which was supposed to be taken on Monday, October 19 is now delayed till November 16, 2020.

Also Read: Buhari Appoints Professor Godswill Obioma As New NECO Registrar

Sani revealed that the postponement is a result of the ongoing #EndSARS protests across the country, particularly the blockage of movement of transport at the entrance gate into Benin City, the Edo state capital.

He noted further that the truck conveying NECO examination materials had left its take-off point two days earlier to deliver to some states but has been held up in the ‘blockage.

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FG, ASUU Meeting Over IPPIS, UTAS End In Deadlock

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FG, ASUU Meeting Over IPPIS, UTAS End In Deadlock
FG, ASUU Talks On IPPIS, UTAS End In Deadlock

ASUU and FG

The meeting between the Federal Government and the Academic Staff Union of Universities (ASUU) on Thursday ended in a deadlock.

Although some agreements were reached at the meeting, the meeting is set to reconvene on Wednesday, October 21, 2020, by 3.00 pm after the Federal Executive Council (FEC) meeting for ASUU to report back on the decision of its NEC.

In a bid to end the strike, the federal government agreed to release N30billion for payment of arrears of earned academic allowance to the university lecturers.

The communiqué issued at the end of the meeting revealed that the release of N20 billion funds for revitalisation of public universities will be payable by the end of January 2021.

On the issue of Earned Academic Allowances(EAA), which had accumulated to N40 billion since November 2019, the Accountant General of the Federation (AGF) made a commitment to release N30 billion on or before November 6, 2020.

Also Read: BREAKING: FG, ASUU Meet Today To Resolve Strike

He said the remaining N10 billion would be spread equally over the two tranches to be paid in May 2021 and February 2022, respectively.

The communiqué also revealed that ASUU agreed to take the offer to its members for consideration and revert by Wednesday, October 21, 2020.

The issue of the implementation of the Integrated Payroll and Personnel Information System (IPPIS) almost stalled the meeting as the federal government asked that IPPIS be allowed to operate in the interim until the test run on UTAS is concluded.

But ASUU insisted on payment of outstanding salaries on the old GIFMIS platform before full implementation of UTAS.

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