First Bank Plc and a private organisation, Wi-Fi Nigeria Limited, have inaugurated an intranet and internet solution designed to help parents, students, teachers and management of schools to share relevant information concerning the progress of students in schools.
At the inauguration of the product; First Edvantage, the organisations unveiled to the public, an Information and Communication Technology solution that brings together all the stakeholders in the school system and empowers them with relevant real time information necessary to carry out critical decisions.
First Edvantage functions around parents, students, teachers, proprietors/administrators and allows real time access to student's grades, attendance, homework discipline and other records.
Speaking at the inauguration, the Managing Director of Wi-Fi Nigeria Limited, Mr. Okey Ahukanna, described the innovation as the result of resilient research and quest for a solution to improve standards in the education system.
According to him, “It seeks to centralise the avalanche of data generated daily within the school system and automates non-classroom administration.
“It also meets the information needs of the school community in real time, thereby improving on interaction between parents/teachers and school, students and teachers, teacher and teacher, and management as well as teacher and parents.”
He explained that the solution was robust and capable of handling multi branch reporting for schools that had more than one location or branch, thus enabling proprietors, administrators and investors in the system to access both the growth of the school and performance of students.
To ensure that schools benefit from the product, the Wi-Fi boss also hinted that First Bank had rolled out a commitment scheme to assist schools financially in purchasing the solution.
He said that a payment plan had been made available by the bank to prospective institutions to help them adopt the solution.
Explaining how the solution works, Ahukanna said two variants of the First Edvantage, the Standard and the Enterprise versions were now on offer.
“The solution is capable of managing class arms just as it allows new arms to be created or added while existing ones could be modified,” he said.
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