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Tinubu postpones students loan launch indefinitely

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Federal Government has postponed the launch of the Nigerian Students Loan Scheme indefinitely.

 

Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), disclosed this in an interview with ARISE NEWS.

The loan which was formally slated to take off on Thursday, March, 14, has been postponed again, as there are some corrections that are being made around the launch according to Sawyer.

 

“Unfortunately, I won’t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome, and sustainable way.”

President Bola Tinubu signed the bill into law in June 2023, to establish a Students Loan Fund (SLF) to provide interest-free loans to Nigerians seeking higher education.

 

The bill, sponsored by Femi Gbajabiamila, the former Speaker of the House of Representatives, was initially planned to kickstart between September and October 2023.

 

President Tinubu announced the scheme would begin by January 2024, after his Government failed to meet the October deadline last year.

In January, Yusuf Sununu, Minister of State for Education, confirmed at the Federal Executive Council (FEC) meeting, while speaking to reporters, that preparations were completed for the scheme to begin, including the finalisation of the Student Loan Scheme website and the conclusion of technical plans to facilitate the scheme’s kick-off.

Education

BREAKING: ASUU rejects new university governing councils approved by President Tinubu, says most people on the list are “retired politicians” and not technocrats

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ASUU’s national president, Prof Emmanuel Osodeke in an interview with Nigerian Tribune, said it is obvious that the composition in the new list is worse than the previous one.

“Go and look at the list again, you will see that most of them are retired politicians. They are honorable this and honorable that. What does that tell us?

“That is how terrible the thing has become. And we can’t run our universities like this if we truly want genuine development to take place,” he said.

He contended that Nigeria cannot manage the universities as it is doing, appointing politicians to governing councils of educational institutions and expecting real development to happen.

ASUU had earlier argued that it was totally illegal for the FG to constitute new councils when the old ones it dissolved over 10 months ago were yet to complete their tenures in line with the University Act upon which they were constituted for the first instance.

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Nigerians Abroad On TETFund Scholarship In Distress As Tinubu Government Omits Them In N3.8billion Disbursements

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TETFund Scholars Appeal to President Tinubu

Omitted from Bailout: Nigerian scholars abroad under the Tertiary Education Trust Fund (TETFund) sponsorship have been omitted from the recent N3.8 billion disbursement

Appeal for Inclusion:  The scholars are appealing to President Tinubu for intervention, citing harsh conditions and financial crises

TETFund’s Response: TETFund cited program status as the reason for omitting some scholars, but the affected scholars claim there was no segregation of scholars during the agreement of conditions for bailout

Scholars’ Plight: The omitted scholars are facing financial difficulties, with some in debt or battling depression

President Tinubu’s Intervention: The scholars are hoping for President Tinubu’s express intervention and the disbursement of the bailout to all categories of scholars within the specified timeframe

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Education

BENUE FEMALE COPER BUILT A ROUNDABOUT WITH HER ALLOWEE.

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Ukershio Favour , a young NYSC member from Hyiarev, Gwer West LGA, Benue State, serving in Plateau State, has demonstrated remarkable selflessness and community spirit.

Without any external empowerment or political motives, she used her own allowance to construct a roundabout, addressing a long-standing road safety issue that had claimed multiple accidents in shandam local government of Plateau state.

Moreover, she awarded scholarships to two orphans and taught liquid soap-making skills to local women, all on her own initiative.

Her exemplary actions make her a worthy role model, inspiring others to make a positive impact in their communities.

Congratulations dear daughter of Ayatutu.
More fruitful years ahead.
♥️♥️♥️????.

 

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