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Tag: Access Bank Plc

  • Court grants AGF’s prayer to take over bank chief’s prosecution

    The Lagos State High Court in Ikeja has ordered the Office of the Attorney General of the Federation (AGF) to take over the prosecution of Access Bank Plc Group Managing Director Herbert Wigwe and eight others over alleged $6.3million fraud.

    Justice Hakeem Oshodi granted the order following an application moved by state counsel Pius Akuta, who asked the court for permission for the office to take over the matter from the Special Fraud Unit (SFU) of the Nigeria Police Force.

    Access bank, Titi Oshuntoki, Chinyere Bishop-Adigwe, Cast Oil and Gas Limited, Seyi Sanni, Adekunle Adebayo, Sunny Amos Offiong and Augusta Energy are the other defendants.

    They were to be arraigned on May 2 on four-counts of conspiracy to defraud, conspiracy to obtain money by false pretences, obtaining money by false pretences and stealing, but the arraignment was stalled due to the absence of Wigwe and six other defendants.

    During the May 2 proceedings, Mr Paul Usoro (SAN), the defence counsel for Access Bank Plc, had informed the court that the bank had filed a preliminary Objection challenging the court’s jurisdiction to hear the case.

    The defendants allegedly committed the offence along with Tunji Amushan, who is said to be at large.

    The defendants were also alleged to have conspired with Augusta Energy of Geneva, Switzerland, to defraud the complainant, Top Oil and Gas Development Ltd to the tune of over $6.3million.

    They allegedly obtained the funds from Top Oil and Gas Development Ltd, by falsely representing to its Chairman Chief Don Obot Etiebet and other officers that Cast Oil and Gas Ltd had a contract with Augusta Energy of Geneva, Switzerland.

    The contract was allegedly for the supply of 10,000 metric tons of Automated Gas Oil (AGO) by Augusta Energy of Geneva to Cast Oil and Gas at the cost of $6.3million.

    It was further alleged that the defendants promised to sell the products on Cast Oil and Gas’ behalf and to recover the money invested.

    The prosecution alleged the defendants fraudulently induced the complainant to pay for a product that was not imported, and that the defendants fraudulently converted the funds to their own use and benefit.

    The alleged offence contravenes Sections 383 (2)(f), 390 (9) and 422 of the Criminal Code 2004 and Section 8 (a) of the Advance Fee Fraud and Other Related Offences Act of 2006

    Justice Oshodi ordered that “the office of the Attorney-General is hereby permitted to take over this suit”.

    He adjourned until September 16 for hearing of the preliminary objection.

  • UNICEF/Access Bank Charity Shield Polo ignites Kaduna

    All is now set for the continent’s premium polo extravaganza, the Access Bank UNICEF Charity Shield Polo Tournament which gallops off at the Fifth Chukker Lawns of Kangimi Resort in Kaduna from June 6- 25, 2019.

    The international polo fiesta which has been the biggest sporting attraction in Nigeria and indeed Kaduna for almost two decades now, promises to be the most competitive and most exciting since inception as a record number of eighteen teams loaded with international stars from around the world, are expected to vie for honours.

    Sponsored exclusively by Access Bank Plc and traditionally hosted by Fifth Chukker Polo & Country Club, the annual event has benefited rural community and the suburbs with renovation of schools and provision of facilities like bore holds and empowerment of women.

    Executive Director, Personal Banking, Access Bank Plc, Victor Etuokwu who disclosed this in Lagos at a press briefing heralding the 2019 edition of the international tournament, said that a new 60 blocks of classrooms has been added to numerous achievements of the charity event this year.

    He stated that project that would berth a new education system in Kaduna, was a contribution by the bank alongside the partners, Fifth Chukker Polo & Country Club, and well meaning individuals to the sustenance of the charity platform.

    “This year’s tournament is more than an affirmation of our commitment to socio-economic wellbeing of mankind and acknowledgement of the impact the initiative has had on the lives of the orphaned and vulnerable children in northern Nigeria especially in Kaduna state,” he emphasized.

    Etuokwu also disclosed that the project which is currently seventy percent complete, will on completion, admits a record 12,600 orphans and less privilege children across rural communities in the state, on a two shift system of morning and evening seasons.

    The prestigious polo tourney revered as on e of the biggest fund raising charity polo in the world, would be decided in two stages of ten days of exciting campaigns. The first stage of the annual tournament will pitch 14 teams jostling for the UNICEF and the Usman Dantata Cup respectively, while the second stage promises to be a thrilling experience as six fully armed teams loaded with foreign professionals do battle for Access Bank Cup and the event’s biggest prize, Charity Shield.

    Some of the high goal teams listed to contest for top honours are defending champions, Rubicon team from Abuja, former champions, Fifth Chukker/Access Bank, Lagos STL and Jos Malcomines who are seeking to win their first ever Charity Shield title.

    Other are Kaduna Tila Farms, two Kano teams, Bichi Farms and Terra P&E teams, and the hard fighting Kamgimi Resort team that missed the final spot last year by the whiskers.

    Sheyi Tinubu’s mounted Lagos STL that hit Kaduna with two fortified teams, would be eyeing the events second most wanted prize, the Access Bank Cup in a three split campaign against die hard squads like Murtala Laushi’s Malcomine miners from Jos and home boys, Kangimi Warriors.

    With pre-tournament  speculations and tensions  reaching the sky, the duo of Jos Malcomines and STL loaded with foreign “Hired Assassins” from Argentina and Europe are bracing for a baptism of fire as they dare five times champions, Fifth Chukker\ Access Bank team in a winner-takes all Charity Shield mayhem that is too close to call.

    UNICEF officials, who witness the Lagos media event, thanked Charity platform partners for their support, urged other corporate organizations to emulate their kind gestures toward UNICEF’s fight against HIV/AIDS pandemic in the country.

    “Dig deep into your pocket and give generously. By giving your full support in this event, you will be helping UNICEF to address the need of children affected by HIV/AIDS in Nigerian. Children,” they pleaded.

    Inaugurated in 2003 with the African Masters as a platform to raise funds for charity, the Emir of Katsina Charity Shield has grown to becoming one of the major events that the record setting Fifth Chukker Resort is revered for.

    The event was initially named after His Royal Highness, Alhaji Muhammadu Kabir Usman who has remained the pillar of the Nigerian polo for over 50 years now. The late Emir of Katsina, who was the Life President of the Nigerian Polo Federation himself retired as a +5 player before he ascended to the throne in 1981.

    Meanwhile, foremost women’s polo player, Neku Atawodi-Edun has been unveiled  as Access Bank W brand ambassador.

    Access Bank Coordinator, Women Banking Initiative, Ayona Aguele-Trimnell, described Neku as a Nigerian polo player, entrepreneur, philanthropist, and an investor.

    Neku Atawodi-Edun, who accepted the endorsement, said she was thrilled at the opportunity offered by Access Bank to carry through her passion for promotion of women empowerment and encouraging women polo in Nigeria to an acceptable international level.

    She told media executives in an interactive session that as Access Bank ambassador, she hopes to be playing more in the European season that recently galloped off after the climax of the US season in April.

    Neku listed some of the countries she would be flying the flag of Access Bank, to include United Kingdom, France, Spain and Germany. Neku hopes to play more in Africa, with the forthcoming 2019 Access bank UNICEF Charity Shield tournament billed for Kaduna in June.

  • Alleged N2.4b debt: Ex-minister loses bid to stop bank’s takeover of property

    The Federal High Court in Lagos Monday refused an application by a former Petroleum Minister Chief Don Etiebet’s company which sought to stop Access Bank Plc from taking over his property known as Etiebet’s Place.

    The property is on Mobolaji Bank Anthony Way, Ikeja, Lagos, in the name of Etiebet’s company, Obodex Nigeria Limited.

    Ruling Monday, Justice A. Liman refused the company’s application for stay of execution of a December 17, 2018 judgment of Justice Ibrahim Buba, which empowered Access Bank to take over the property.

    The bank had sued Obodex Nigeria over an alleged debt said to be to the tune of N2.4billion.

    But, the firm challenged the court’s jurisdiction to hear the suit.

    Justice Buba, last December 17, dismissed the firm’s objection and ruled in the bank’s favour.

    Access Bank subsequently took over Etiebet’s Place and appointed a Senior Advocate of Nigeria, Mr. Kunle Ogunba, as receiver/ manager to manage the property towards recovering the alleged debt.

    Dissatisfied, Obodex Nigeria filed an appeal as well as an application for stay of execution of the judgment.

    Through its lawyer, Mr. Dele Adesina (SAN), it sought an order restraining Ogunba and his privies or assignees from “advertising or offering for sale, selling, mortgaging, transferring, alienating or otherwise interfering with the applicant’s equitable right of redemption on the property situated and lying at 21 Mobolaji Bank Anthony Way, Ikeja, Lagos, also known as Etiebet’s House, pending the hearing and final determination of the applicant’s appeals.”

    While urging the court to grant his application, Adesina said: “I urge your Lordship to grant a stay of proceedings and stay of execution so that we’re not foisted this court with a fait accompli.”

    But Access Bank, through Ogunba, opposed Obodex’s application, saying it was “totally misconceived”.

    The insolvency practitioner said the receiver-manager was already in control of the applicant’s property, hence the application was belated.

    “The defendant wants to eat his cake and have it. It’s very reprehensible. They admitted the debt and pleaded for time. They signed a mortgage. We urge your Lordship to discountenance their application,” Ogunba argued.

    Justice Liman upheld Ogunba’s arguments and refused to grant Etiebet’s firm’s application.

  • Access, Diamond Banks commemorate International Women’s Day

    Access Bank and Diamond Bank are marking the International Women’s Day 2019 today as they look forward to completion of the merger process, which will make the new entity the largest retail bank in Africa.

    The event will be celebrated with a 2-day event with the theme ‘Balance for Better’.

    The celebrations will kick off with a cocktail event on Wednesday, March 13, 2019 at the Access Bank Head Office Lagos with top management from both banks and other dignitaries in attendance.

    Both banks will host women across various industries to a breakfast conference at Eko Hotel & Suites on the second day of the conference, March 14, 2019.

    This conference will feature insightful panel sessions with seasoned speakers addressing issues related to how women can leverage on technology and finance to build profitable and innovative ventures as well as accelerate actions towards supporting women in their quest to be the best they can be.

     Ada Udechukwu, Head of Women Banking, Access Bank Plc   said: “At Access Bank, we are passionate about the woman and her overall well-being.

    “We are interested in her growth in family life, career, health and other areas. We will continue to provide platforms and support programs that will help women and their businesses.

    “This value-packed conference has been organized to help women learn essential lessons which can be applied to their daily lives and businesses. It will help them become all they want to be and be the best at it.”

    Herbert Wigwe, Group Managing Director/CEO Access Bank Plc, said: “At the core of our services is catering to the needs of women and we are constantly gearing efforts towards promoting women-focused initiatives and providing opportunities to help them maximize their potential.

    Read Also: Niger lawmaker empowers 1,100 women

    “One of the reasons we are hosting this breakfast conference is to help women overcome limitations as well as reach their best potential.”

    He added:  ”As we expand with the merger, and continue on our journey to building Africa’s biggest retail bank, our women now have more innovative offerings that they can explore to make themselves and their businesses better.”

     Head of Affluent Banking at Diamond Bank, Dolapo Orelaja, said “This joint conference between Diamond Bank and Access Bank has been organised to equip our women with the knowledge and skill that they require to grow their businesses, develop themselves and stay relevant in the fast changing business environment of today. We are very passionate about women and their progress in life.”

    Panelists at the conference include: Laure Beaufils, Tony Okapanachi, Tosin Durotoye, Omilola Oshikoya , Dr. Omolola Salako, and Audrey Mothupi among others.

  • Access Bank, Diamond Bank shareholders approve merger

    Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force.

    The News Agency of Nigeria (NAN) reports that the shareholders gave the approval at an Extraordinary General Meetings (EGMs) of both banks held in Lagos.

    Mr Herbert Wigwe, Access Bank Chief Executive Officer, told the shareholders at the EGM that the merger with Diamond Bank enables Access Bank to acquire a bank with 17 million retail customers and the most viable mobile payment platform.

    Wigwe said that the expected revenue and cost synergies were material and promises significant long term value.

    Wigwe said the bank, after the merger, would attract more opportunities such as trade finance from international partners.

    “With the final merger of both banks and the status of the resulting entity as ‘the largest bank in Africa’s largest economy,’ this greatly bolsters the bank’s brand, opening doors of opportunity both in local and international markets,” he said.

    Wigwe said the merger was expected to produce the largest banking group in Africa based on its number of customers with more than 29 million customers.

    “The resulting entity which will maintain the brand name Access Bank, but with Diamond Bank colors, will have more than 29 million customers, 13 million of which are mobile customers,” he said.

    Read Also: Kia partners Lagos, Access Bank on City Marathon

    Wigwe said the bank would be a continental force with presence in 12 countries, 3,100 ATMS and nearly 32, 000 Point of Sale.

    “As a continental financial force, it is set to attract more opportunities such as trade finance from international partners seeking multinational lenders with local intelligence,” he said.

    He said Diamond bank merging with “Access Bank also means, the former’s customers can enjoy access to the latter’s strong balance sheet, ubiquitous presence and solid operational structure.”

    “Diamond Bank has formidable retail business with the largest retail customer base in Nigeria – over 17 million customers. Diamond Bank also has a track record of customer acquisition and low cost liabilirties generation.

    “The enlarged Access Bank will serve 27 million retail customers, almost double the number customers of any other bank in Nigeria and more than any other bank in Africa, “ Wigwe said.

    He noted that the enlarged Access Bank’s breath scale and product range will further accelerate the financial inclusion agenda that Access Bank and Diamond Bank had pursued separately.

    Wigwe, however, assured enlarged shareholders of the bank that dividend would be more robust and consistent after the exercise.

    Mr Adebayo Adeleke of Independent Shareholders Association (ISAN) commended the management of Access Bank for not shortchanging shareholders on the scheme of the merger.

    “Quiet a lot of commendable things have been put in place and we hope court will have no other reason not to agree on the merger,” Adeleke said.

    Adeleke said that the shareholders were in support of the plan that would give birth to one of the largest bank in Africa.

    “We are here to make sure we sanction this wedding and hope to see a marriage of a formidable force,” he said.

    He said that shareholders would want to see the birth and growth of new bank that would take challenges and takeover the entire world.

    To the President, Trusted Shareholders’ Association of Nigeria (TSAN), Alhaji Muktar Muktar, “we thank Access Bank for saving us from Diamond Bank by giving us a good deal.

    Muktar said that the bank gave them the best deal which was above Diamond Bank price on the Nigerian Stock Exchange.

    Sir Sunny Nwosu, National Coordinator (Emeritus), ISAN, who also commended Access Bank for the merger, called for special dividend to cushion the effects of dilution on shareholders.

    Nwosu said integration would not be a problem for Access Bank because it had managed many “marriages” in the past.

    NAN

  • Access Bank CEO lists gains of technology in banking

    The Group Managing Director of Access Bank Plc, Herbert Wigwe, has re-emphasised the bank’s commitment to improving banking practices by leveraging technology.

    He stated this during his meeting with Satya Nadella, the Chief Executive Officer of Microsoft in Seattle, United States last Thursday.

    Access Bank recently announced a five-year strategic plan focusing on enhancing Africa’s position in the global community; and the meeting with Satya Nadella is a step in the right direction

    “Africa is experiencing a massive growth in wider access to and adoption of technology, especially in improving businesses processes and lifestyle as well as optimum use of resources. However, we still realise that there are still untapped and immense opportunities,  to provide essential and well-secured channels for transactions using technology to raise the standard of banking services in Africa, while understanding the socio-economic dynamics of the countries,” said Wigwe.

    Nadella said: “I want Microsoft to enable outfits like Access Bank to innovate digitally and grow their business exponentially.”

    He noted that only two entities are capable of being the Alibaba of Nigeria – A massive retail operation or a large financial institution. “We need partners like you who have deep ambition for exceptional customer service.”

    “We will be delighted to form a deeper relationship with Access Bank to drive innovation, and by extension exceptional customer experience in the African financial services space.”

    Access Bank through this partnership with Microsoft has already begun its five-year mission to enhance the perception of Africa by drawing the attention of the global community to the  indigenous products of Africans – their rich history, people, culture, art, and lifestyle – while providing channels where businesses can fully participate in commercial activities globally. The bank has consistently positioned itself to lead the innovation conversation among financial institutions by leveraging on technology to provide fast, secure, and reliable banking experience for customers within Nigeria and the African Continent.

  • Access Bank unveils PayDay Loan on USSD

    Access Bank Plc has launched PayDay Loan to access loans for employees.

    PayDay Loan can be accessed on USSD code *901*11# and across over 2,000 Access Bank ATMs pan Nigeria.

    PayDay Loan requires no collateral or guarantor enabling  employees obtain loans instantly without visiting the bank – helping employees meet their urgent financial needs all round the clock and at any time of the month.

    In a statement by the bank’s Executive Director, Personal Banking,Victor Etuokwu said: “Accessing loans in Nigeria, especially for individuals has always beentedious due to issues around collateral requirements and lengthy approval processes. Leveraging our capacity as leader in digital innovation, we are bridging the gap in the provision of credits to employees.

    ‘’PayDay Loan is the first of many interventions we shall be launching into the market in the coming days. We are maintaining a strong focus on employees who are the engine of growth of the economy. Our aim is to sustain our drive in developing digital products that will enable employees achieve the quality of life they deserve.”

    PayDay Loan is available to salary earning Nigerians through digital platforms that offer instant loan eligibility based on robust credit algorithms. Loan disbursals, is within seconds from the point of request. Customers can simply dial *901*11# or visit any of the 2000+ Access Bank ATMs to get instant loans credited into their bank accounts whenever they have need for cash. It is quick. It is easy. It is secure.

     

  • Access Bank, Fifth Chukker empower communities

    Access Bank Plc in partnership with Fifth Chuckker Polo is set to host this year’s Access Day.

    This event which holds tomorrow will see Nigerian and international polo players compete as a means to raise funds to empower disadvantaged communities and people.

    According to the lender, with a population of over 180 million people, many under the age of 30, Nigeria promises vast potential. One of our failings as a nation is that we have been unable to convert this potential to economic prosperity and social equity for all Nigerians.

    As one of the country’s leading banks, Access Bank has first-hand experience in catering to disadvantaged communities and is committed to finding ways to serve these communities and provide them with value beyond banking services.

    Access Bank is big on corporate responsibility and philanthropy, and is keenly interested in partnering with organisations that share these values and are open to giving back to their communities. This informed the bank’s partnership with The Fifth Chukker Polo and Country Club, Kaduna, the country’s premier Polo society, renowned for its sportsmanship and commitment to fostering community. Fifth Chukker upholds the city’s equestrian history, and is renowned for its steeds and stables.

    For the last 10 years, Access Bank has partnered with the Fifth Chukker Club and the United Nations International Children’s Emergency Fund (UNICEF) to support the prestigious sport in its efforts to raise funds for children in disadvantaged communities within Kaduna state, especially children who are predisposed to displacement from violence and childhood diseases.

    The most prominent medium through which all parties have raised funds is the highly lauded annual Access Bank UNICEF Charity Shield Polo Tournament, an event dedicated exclusively towards fundraising which begins in Kaduna and culminates in London. The first Annual Charity Shield event was held in 2006, and funds raised from the tourney were used to provide support services for 240 orphans from 12 communities in six local government areas in the state.

     

  • Access Bank, Fifth Chukker Polo empower communities

    Access Bank Plc has partnered with Fifth Chuckker Polo to touch the lives of Nigerians positively. The partnership is also meant to mark this year’s Access Day. This year’s ‘Access Day’ event is slated for July 16, 2018, and will see Nigerian and international polo players compete as a means to raise funds to empower disadvantaged communities and people.

    According to the lender, with a population of over 180 million people, many under the age of 30, Nigeria promises vast potential. One of our failings as a nation is that we have been unable to convert this potential to economic prosperity and social equity for all Nigerians.

    As one of the country’s leading banks, Access Bank has first-hand experience in catering to disadvantaged communities and is committed to finding ways to serve these communities and provide them with value beyond banking services.

    Access Bank is big on corporate responsibility and philanthropy, and is keenly interested in partnering with organizations that share these values and are open to giving back to their communities. This informed the bank’s partnership with The Fifth Chukker Polo and Country Club, Kaduna, the country’s premier Polo society, renowned for its sportsmanship and commitment to fostering community. Fifth Chukker upholds the city’s equestrian history, and is renowned for its steeds and stables.

    For the last 10 years, Access Bank has partnered with the Fifth Chukker Club and the United Nations International Children’s Emergency Fund (UNICEF) to support the prestigious sport in its efforts to raise funds for children in disadvantaged communities within Kaduna state, especially children who are predisposed to displacement from violence and childhood diseases.

    Read Also: Access Bank holds CEO awards

    The most prominent medium through which all parties have raised funds is the highly lauded annual Access Bank UNICEF Charity Shield Polo Tournament, an event dedicated exclusively towards fundraising which begins in Kaduna and culminates in London. The first Annual Charity Shield event was held in 2006, and funds raised from the tourney were used to provide support services for 240 orphans from 12 communities in 6 local government areas in the state.

    Since then, the tourney has grown to attract some of the best local and international players in the world, who give back through the event. The funds raised from the 2017 tourney helped provide 12,500 children with scholarships and develop community based projects with a focus on education and community sanitation. The 2018 Access Bank UNICEF Charity Shield Polo Tournament held onJune 16, 2018 at the Fifth Chukker Polo and Country Club, Kangimi Resort Kaduna, feting high society as the teams battled for supremacy on the continent.

    Access Bank supported this year’s Kaduna tourney with an annual donation of N10 million to UNICEF’s community efforts in Kaduna. The donation was presented during the tourney by Access Bank CEO, Herbert Wigwe to the UNICEF campaign to reduce infant and juvenile HIV/AIDS infections. The Bank also pledged to reach 20,000 more persons in Kaduna state through community-driven projects. This brings the total amount raised for UNICEF through the annual tourney to N100 million. Thousands of children from selected schools within the state were introduced to the noble sport during this year’s tourney.

  • Ezekwesili wants financial literacy for students early

    Ezekwesili wants financial literacy for students early

    Dr Oby Ezekwesili, a formerMinister of Education, on Wednesday said Nigerian youth should be equipped with skills and knowledge that would aid their understanding of financial matters right from secondary school.

    Ezekwesili stated this at the 2017 Nigerian Stock Exchange Essay Competition Awards Ceremony in Lagos.

    “We need to offer children financial literacy before they get to senior secondary schools.

    “It help and guarantees the young ones to grow into adults that can achieve financial security and success, and make informed decisions,” she said.

    The ex-minister said an individual who has acquired financial literacy is considered financially secured and able to succeed.

    “We must handle our youths with tools such as financial literacy because for too long, we have been made the poorest region in the world,” she said.

    Ezekwesili said Nigeria needs a newer generation that would help in changing the story.

    “Every country that has managed to do better, every country that has climbed out of poverty, has improved in education.

    “The basis of improvement is quality education.

    “We should be more interested in the state of the school system in Nigeria.

    “Anytime I see these young children excelling, I feel excited because I really don’t want their generation to repeat all the failures of my generation and the generation before me.

    “I am so such optimistic that Africa can claim its place in the 21st century because of our young ones,” she said.

    Ezekwesili commended the stock exchange for its investment in the education sector and called for more support from the private sector.

    “We need a collective effort on education.

    “The more the stock exchange will lead this process, the more the private sector understands that if they will find world class talents in this country, they have to be interested in what goes on in the education; so, it becomes a collective effort,” she said.

    Mr Oscar Onyema, Chief Executive Officer, the Nigerian Stock Exchange said the NSE would continue to invest in and develop financial education in schools.

    Onyema said the NSE was committed to playing its part in building a financially savvy generation, leveraging the essay competition and other initiatives.

    According to him, teaching students at a very young age the basics of finance and the capital market is essential to their broad financial literacy education.

    “Year on year, the participation and interest continues to increase, affirming the appetite of these future leaders for personal development.

    “The 2017 edition had a 36 per cent increase from the 2016 one, with over 10,100 entries received nationwide.

    “Through partnerships with Access Bank Plc, Zenith Bank Plc and Prime Atlantic Energy, the competition was a success.

    “In developing the entries, students are encouraged to consider real-world economic events and trends, conduct research online, develop investment knowledge and in the process gain the skills to prepare for their own financial future,” he said.

    Onyema said the the 2017 winners emerged from a rigorous and phased assessment process carried out by capital market professionals.

    “From the process, 10 national winners were selected, who further competed at the final stage to determine the overall best three entries and winners,” he said.

    According to him, the outstanding performance of the brilliant young is being recognised and rewarded today with equity investments, scholarship and sets of computers.

    “It is a win for the students and their schools,” he said.

    NAN