News

BREAKING: Two security operatives killed as gunmen raze Gov Uzodinma’s country home

Published

3 years ago

April 24, 2021

admin

The violence across southeast states continued in the early hours of Saturday as yet to be identified gunmen attacked the country home of Imo State Governor, Hope Uzodinma.

According to sources, the gunmen invaded the Governor’s residence in Omuma in Oru East Local Government Area in the early hours of Saturday.

They reportedly killed two security men on duty before setting the house on fire.

It was gathered that vehicles parked at the compound and part of the building were affected by the fire.

Commissioner for Information and Strategy, Declan Emelumba, confirmed the incident.

According to him: “It is true, but the information is not still clear. It is not true that several security men lost their lives. About two security men on duty at the governor’s house were killed. NSCDC personnel was among the security men who lost their lives during the attack.”

READ Nigeria to get multi-billion dollar infrastructure funding from Islamic Development Bank - FG

News

UPDATED: Tinubu appoints Jim Ovia as chairman of education loan fund

Published

6 hours ago

April 26, 2024

admin

President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education.

On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.

Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the fund.

Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.

READ We were treated like slaves, trekked for several hours – UNIABUJA kidnap victims

News

JUST IN: Tinubu appoints Jim Ovia as chairman of education loan fund

Published

8 hours ago

April 26, 2024

admin

President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

More to follow…

READ Gunmen kill four policemen, burn station in Enugu

News

ICPC detains TETFund boss ‘over questionable N7.6bn project’

Published

13 hours ago

April 26, 2024

admin

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has detained Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund).

Demola Bakare, ICPC spokesperson, confirmed the development on Friday.

Bakare said that Echono was invited by the anti-graft agency on Thursday.

“The executive secretary of TETFund is here with us. He has been invited for questioning. He is still in custody. He was invited yesterday.” Bakare said.

“He was invited on Thursday. He has not been released. He’s still with us. Investigation is still ongoing.”

It was earlier reported that TETfund awarded two contracts to Fides Et Ratio Academy and Pole Global Marketing (PGM) within two months at the cost of N3.8 billion respectively without the approval of the federal executive council (FEC), which is required for the contract size.

The contract was to provide capacity building course and learning management systems to about 2 million students across higher institutions in the country.

READ Nigeria to get multi-billion dollar infrastructure funding from Islamic Development Bank - FG

In a rejoinder, TETFund said it did not award N7.6 billion contracts to two companies without due process.

The agency said it was wrong to say they were contracts, whereas they were ICT projects implemented under a memorandum of understanding (MoU) which doesn’t require competitive bidding in public procurement.

TETFund further said its disbursement guidelines were approved by the president on the recommendation of the “Fund’s Board of Trustees and concurrence of the Honourable Minister of Education in line with the TETFund Act 2011″.

In an interview with TheCable, Echono said there was no form of irregularity in the N7.6 billion project.