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Tinubu to launch student loan Thursday

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President Bola Tinubu will launch the Student Loan Scheme on Thursday, March 14, 2024.

The Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, said this on Sunday during TVC’s Politics on Sunday monitored by our correspondent.

On the programme titled ‘Counting the Cost of Presidents Tinubu’s Reforms,’ Ngelale highlighted some of the President’s welfare initiatives being implemented at the moment, saying, “Later this week, on Thursday, the President will launch the historic National Student Loan Programme.”

“This is a major form of obligation reduction for Nigerians and families and young people at a time when Nigerians are feeling the pinch. We believe this is the way to go,” he added.

 

President Tinubu had on June 12, 2023, signed the Access to Higher Education Act, 2023, into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution.

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The move was in “fulfillment of one of his campaign promises to liberalise funding of education,” a member of the then Presidential Strategy Team, Dele Alake, said.

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund, which is expected to handle all loan requests, grants, disbursement, and recovery.

 

The government initially said it would take effect in September, but it did not. It later shifted the take-off to January but that also did not happen.

The President proposed N50bn for its take-off in the 2024 budget he presented to the National Assembly last November.

On February 7, the Executive Secretary of the Nigeria Education Loan Fund, Dr Akintunde Sawyerr, exclusively confirmed to our correspondent that the much-awaited scheme would go live on February 21, when President Tinubu launches it at the State House, Abuja.

However, the launch was delayed, with Sawyerr, alongside Presidency sources, explaining that the lag time was to enable the fund to expand its mandate to include students seeking loans for skills development, as directed by the President.

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After receiving a briefing from the NELFUND team led by the Minister of State for Education, Dr Yusuf Sununu, on January 22, the President directed the fund to extend interest-free loans to Nigerian students interested in skill-development programmes.

Tinubu based his decision on the need for the scheme to accommodate those who may not want to pursue a university education, noting that skill acquisition is as essential as obtaining undergraduate and graduate academic qualifications.

 

“This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas,” he said.

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Good morning! Nigerian Newspapers Headlines: US Congressman Moore warns against emboldening Nigerian separatists

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1. US Congressman Riley M. Moore warned yesterday of the danger inherent in destabilising Nigeria.

Representative Moore who was actively involved in the  legislative campaign to address alleged violence against Christians in Nigeria said on his verified X account @RepRileyMoore that  “a destabilised Nigeria would embolden terrorists and make Christians less safe in Nigeria and across the continent. “

2. Vice President Kashim Shettima on Saturday led a Federal Government delegation to Kaiama Local Government Area of Kwara State to commiserate with residents of Nuku and Woro villages over Tuesday’s deadly terrorist attack, assuring that President Bola Ahmed Tinubu is determined to restore peace and tranquility to the area.

3. President Bola Tinubu will embark on a two-day state visit to the United Kingdom in March, according to Buckingham Palace. In a statement on Saturday, the royal communications team said the forthcoming visit is at the invitation of King Charles III.

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4. Federal Capital Territory, FCT, Minister, Nyesom Wike, on Saturday, said the people of Rivers State do not need a governor to mobilise support for President Bola Tinubu ahead of the 2027 election. Wike made the remark in Port Harcourt while commissioning the headquarters of the Rivers State Renewed Hope Ambassadors, which houses Majority FM 89.5, a situation room, office facilities and buses for the organisation.



5. At least two people have been reportedly killed by armed invaders in fresh attacks on two villages of Apa Local Government Area of Benue State. Residents said the assailants attacked Akpete community in Apa LGA on Friday at about 6pm, killing two persons identified as Matthew Ochanga and Isaac Adanu, while leaving many others injured.

6. Plateau State Government has confirmed an outbreak of Lassa fever in seven local government areas of the state, with four deaths recorded and the number of confirmed cases rising to 11. The Commissioner for Health, Dr Nicholas Baamlong, disclosed this during a press briefing in Jos on Saturday, where he provided an update on the outbreak and the state’s response measures.


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7. United States Congressman, Riley M. Moore has rejected claims that the United States supports any move to break up Nigeria, warning that pushing separatist agendas would worsen insecurity and place Christian communities at greater risk. Moore made the remarks in a statement posted on his X account after visiting Nigeria, where he held meetings with government officials, church leaders, aid organisations, and internally displaced persons.


8. Residents of Woro community in Kaiama Local Government Area of Kwara State have fled to neighbouring Niger State following a deadly terrorist attack that reportedly left over 176 people dead during the week. The attack, which occurred on Tuesday evening and lasted until Wednesday morning, forced families to abandon their homes, escaping with little or no personal belongings as fear spread across the community and adjoining villages.


9. Kebbi State Police Command, in collaboration with the military and other security agencies, has foiled a cattle-rustling attack by suspected Lakurawa bandits in Bunza Local Government Area of the state, neutralising one suspect in the process. The bandits reportedly invaded Tungan Babu Lada village, where they shot and killed a 35-year-old man, Usman Ferungu, before fleeing with rustled cattle.


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10. Some yet-to-be-identified gunmen, suspected to be cultists, have killed the President-General of Ogidi community in Idemili North Local Government Area of Anambra State, Ikwuka Okoye, also known as Anumili. It was gathered that the incident, which occurred late on Friday, was allegedly carried out by members of a rival cult group in revenge for the death of their leader, who was arrested and killed by local security operatives.

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Tinubu, governors present as Bello Matawalle’s 10 children wed in Abuja

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President Bola Tinubu,  President Carlos Manuel Vila Nova of the Democratic Republic of São Tomé and Príncipe and several governors were among the dignitaries who attended the wedding of the children of Bello Matawalle, minister of state for defence.

Matawalle celebrated the weddings of his ten children, five daughters and five sons, at the National Mosque, Abuja, on Friday.

The minister gave away his daughters—Maryam, Safiyya, Farida, Nana Firdausi, and Aisha—while his sons—Ibrahim, Abdul Jalal, Surajo, Bello, and Fahad—also tied the knot.

The Islamic ceremony was officiated by Imam Luqman Zakariyah, who prayed for Allah’s blessings on the marriages and for success in the couples’ future lives.

Tinubu received the brides on behalf of the Matawalle family, welcoming them into their new homes.

The high-profile wedding attracted the crème de la crème of Nigerian politics.

Notable dignitaries in attendance included Deputy Senate President Barau Jibrin and Ibrahim Masari, Senior Special Assistant on Political Affairs.

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Several governors were also present, including Ahmad Aliyu of Sokoto, Umar Namadi of Jigawa, and Nasir Idris of Kebbi.

In a post via X, Matawalle expressed his deep gratitude to Tinubu and Vila Nova for attending the ceremony, describing their presence as a rare and honourable privilege.

He further appreciated all dignitaries, family, friends, and well-wishers who joined physically or in prayers, wishing them safe journeys back to their destinations.

“Today, I am deeply honoured and profoundly grateful to His Excellency, President Bola Ahmed Tinubu, GCFR, for graciously serving as Wali at the wedding Fātiḥa of my children, held at the National Mosque, Abuja. I remain sincerely honoured by this rare privilege,” he wrote.”

“In addition, the presence of the President of the Democratic Republic of São Tomé and Príncipe, His Excellency President Carlos Vila Nova, added immense meaning to this joyous occasion, and I deeply appreciated it.

“I also wish to extend my heartfelt appreciation to everyone who joined us physically and in prayers to share in our joy. Your presence, prayers, and goodwill are truly cherished and deeply appreciated.

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“To my esteemed colleagues in the Federal Executive Council, Governors, members of the National Assembly, friends, family members, and well-wishers from across the nation, I am eternally grateful for the overwhelming love and kindness shown to me and my family.

“I also pray that Allah rewards abundantly all those who travelled from far and near to celebrate with us, and I ask Allah to grant you a safe and peaceful journey back to your respective destinations.”

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APC is my natural home, says Iyabo Obasanjo

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Iyabo Obasanjo, daughter of ex-President Olusegun Obasanjo, has confirmed her membership in the All Progressives Congress (APC) in Ogun state.

Iyabo spoke on Saturday during an interactive programme on Eagle7 Sports Radio 103.7 FM, anchored by Segun Odegbami.

Explaining her return to politics, Iyabo said the decision was driven by sustained pressure from supporters.

“Like I told you, a group of people who I did not bring together, I did not form them into a group, have been working, I think, for two years now,” she said.

“And then they started talking to me about a year ago, saying, ‘Look, we think you are the best candidate. We want you back.’”

She said she could not return to the Peoples Democratic Party (PDP), where she previously contested elections, citing internal crises.

“I could not go back to the PDP because of all kinds of turmoil,” she said.

Iyabo disclosed that she also considered the African Democratic Congress (ADC), but said the party was not yet fully organised.

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“The ADC was another option, but they don’t have their ducks in a row yet; they’re still working on it,” she said.

According to her, those who encouraged her return to politics are now members of the APC, a factor that influenced her decision after wide consultations.

“So, I think APC is my natural home. I don’t have any animosity towards any individual or any group within the APC,” she said.

“I feel more comfortable with all the actors I know within the APC… I feel more comfortable, actually, than with some of the actors I know in the PDP, and some of them are now in the ADC.

“So I think it’s my natural home. I feel quite confident and happy to have made that decision.

“I have an absolute 100% feeling it’s my natural home.”

Iyabo represented the Ogun central senatorial district between 2007 and 2011. She lost her re-election bid in 2011 to Gbenga Obadara of the then Action Congress of Nigeria (ACN).

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She later relocated to the United States, where she pursued an academic career and rose to the rank of professor. She is also a former commissioner for health in Ogun.

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