Connect with us

Education

Student loan does not restrict travel or job opportunities abroad- NELFUND

Published

on

Mr. Akintunde Sawyerr, Managing Director NELFUND

The Nigerian Education Loan Fund (NELFUND) has assured students that beneficiaries of the student loan scheme will not be restricted from travelling abroad after graduation.

Managing Director and Chief Executive of NELFUND, Akintunde Sawyerr, made this clarification during a sensitization programme at Edo University, Iyamho, while addressing students’ concerns about potential travel limitations.

Sawyerr emphasized that the law establishing NELFUND does not impose any travel restrictions on beneficiaries.

The law that set up the Nigerian Education Loan Fund does not limit your ability to go and look for work wherever you want. You are not tied. It doesn’t say you cannot leave Nigeria because you have a loan with us. You can go wherever you want to go in the world. It is not possible for you to say that I can’t travel around the world,” Sawyerr stated.

However, he advised that students should take responsibility for repaying their loans, even if they secure jobs outside Nigeria.

“I think the right and proper thing to do, if you have a loan in Nigeria and you want to get a job somewhere else, is to pay the loan yourself back to your country,” he added.

Interest-free repayment structure

Sawyerr encouraged students to embrace the scheme, highlighting its unique benefits compared to other loan types.

“I want you to embrace it and I want you to act upon it because, if you miss this opportunity, it’s one that will affect generations… You know why? Because NELFUND is different from all other types of loans. It is the only loan you can take to acquire something that can never be taken away from you,” he explained.

  • According to him, the repayment structure is interest-free, even if repayments extend over a decade.
  • Sawyerr also provided updates on the disbursement process, revealing that NELFUND is prepared to distribute N135 billion once all applications are processed.

“We have received about 520,000 registrations and about 419,000 applications. We have processed and paid 261,000 students. Both upkeep and institutional fees. Our total exposure today, if we were to pay everybody that has applied, is somewhere in the region of N135 billion. But we have not processed all those people. We have got the money and we are ready in case all of them get processed. We can disburse N135 billion,” he disclosed.

University officials commend initiative

Acting Vice Chancellor of Edo University, Professor Dawood Egbefo, applauded the initiative, noting that 51 students from the institution had already benefited from N61.4 million in funding during the 2023/2024 academic session.

During an earlier sensitization visit to Ambrose Alli University, Ekpoma, NELFUND expressed concern over low application numbers, revealing that only 102 students had applied, amounting to less than N20 million in disbursements.

Lami Suwaid, Director of Loan Allocation and Distribution at NELFUND, encouraged the university to take advantage of the new registration cycle to boost participation.

 

Education

Student’s killing: Niger govt orders immediate closure of IBBU

Published

on

Niger State Government has ordered the immediate closure of Ibrahim Badamasi Babangida University, IBBU, Lapai, following growing security concerns in the area.

The decision was announced on Wednesday by the Secretary to the State Government, Abubakar Usman, in Minna.

Usman said the move was prompted by recent security breaches and the killing of a student near the campus, which sparked protests by fellow students demanding justice and improved safety.

“The safety of all citizens, particularly students, is a top priority for the government,” Usman said, urging the university community to remain calm and cooperate with security agencies.

He added that investigations were ongoing to identify and prosecute those behind the attacks.

Usman noted that the government was taking proactive steps to restore normalcy and ensure peace and stability around the institution.

Ekwutosblog reports that the closure came two days after the killing of Abdulkareem, a 300-level student who was attacked in his off-campus residence by suspected phone snatchers.

Continue Reading

Education

Abia panel submits report on suspended College of Education’s provost

Published

on

The panel of inquiry set up by the Abia State Government to investigate the suspended provost of Abia State College of Education (Technical), Arochukwu, Professor Vincent Onwe, has submitted its report.

The chairperson of the Independent Committee, Professor Regina Ogbonna, while submitting the report to the Secretary to the Abia State Government, Professor Kenneth Kalu, stated that the team was given terms of reference and 21 days to complete its assignment and submit the report.

While thanking Governor Alex Otti for giving the members of the Panel the opportunity to serve the state, she noted that a series of physical and virtual meetings were held, and memoranda and interviews with certain individuals were conducted before the report was finalised.

Receiving the report, the Secretary to the Abia State Government, Professor Kenneth Kalu, represented by the Abia State Attorney General and Commissioner for Justice, Ikechuckwu Uwanna, described the review of developments at Abia State College of Education (Technical) as a delicate task.

He pointed out that, from the moment the panel was constituted, it was clear the assignment required not only intellect but also integrity, due process, and principle to achieve its objectives.

Professor Kalu commended the committee for approaching the responsibility with sobriety, diligence, and an evident commitment to the truth, assuring them that the recommendations in the report would guide the government’s next steps.

Continue Reading

Education

UNICAL VC contender threatens legal action over alleged unfair selection criteria

Published

on

Professor Joseph Duke, a contender for the position of Vice Chancellors in the University of Calabar (UNICAL), has threatened legal action if the institution fails to review what he described as a discriminatory requirement

Duke is kicking against the criterion mandating 10 years post-professorial experience for aspirants seeking to succeed the outgoing Vice Chancellor, Professor Florence Obi.

In a letter dated June 17, 2025, addressed to the University’s Pro-Chancellor and Chairman Governing Council with reference: Unical/VC/2025/001, Duke demanded that the university places another advertisement in reputable newspapers, indicating equitable criteria.

The letter was also copied to the Vice-Chancellor, Registrar, Minister of Education, and Minister of Justice and Attorney General of the Federation, decrying the alleged violation of statutory provisions.

He alleged that the intention of the university’s management was to scheme him and other contenders out in favour of their adopted candidate.

Speaking through his lawyer, Barrister Ubong Akpan, Duke called for withdrawal of earlier advertisement for the position of Vice Chancellor which set 10 years criterion as benchmark.

Duke argued that withdrawing the advertisement will avoid possible discrimination under Section 19, Section 42(1), and Section 14(3).

According to him, the violations undermine the integrity of Nigeria’s higher education governance and may set dangerous precedents for other federal universities if left unchecked.

He disclosed that the university’s historical benchmark was 5-9 years of professorial experience, with national norms of 5-8 years among first generation universities in the country.

“The 10-year criterion, adopted without a Senate and Council approved statute under Section 10 of the Act or a proper resolution under first schedule, paragraph 4(2)(a)(i), exceeds the Council’s authority, as evidenced by member dissent,” he stated.

The professor further accused the university of relying on unspecified federal directives which infringe on university autonomy as spelt out under section 2(a) of the Universities (Miscellaneous Provisions) (Amendment) Act, 2003.

“Similarly, I demand that the university management ensure criteria are applied equitably, avoiding discrimination under Section 19, Section 42(1), and Section 14(3).

“Publish a new advertisement in a reputable newspaper, complying with first schedule, paragraph 4 of the 1999 constitution, and NUC guidelines,” the letter added.

Continue Reading

Trending