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Tinubu directs expansion of student loan scheme

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President Bola Tinubu has directed the Nigeria Education Loan Fund (NELFUND) to expand the interest-free loans to accommodate Nigerian students interested in skill development programmes.

 

In a statement, Ajuri Ngelale, presidential spokesperson, said Tinubu gave the directive on Monday after receiving a briefing from Akintunde Sawyerr, executive secretary of NELFUND.

 

The President said it is important for the student loan scheme to create room for those who may not want to pursue university education, noting that skill acquisition is as important 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. This is not only for those who want to be doctors, lawyers, and accountants,” the statement reads.

 

 

“It is also for those who aspire to use their skilled and trained hands to build our nation.

 

“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education.”

 

The president stressed the need for equity and inclusivity in the management of the programme to ensure that it is accessible to everyone.

 

“No matter how economically challenged you are, accredited and qualified students will and must have access to this loan to advance their education in higher institutions,” Tinubu said.

 

‘There is no compromise in our commitment to the disadvantaged citizens of this nation.

 

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While briefing the president, Sawyerr said the loan application process would be technology-driven, limiting human interface and eliminating any possibility of compromise.

 

“By design, this is a perpetual programme and will not terminate. The funds, earmarked for bonafide Nigerian students, will be disbursed directly to the institutions in the initial phase through electronic transfer,” he said.

 

“Our students will be catered to in a way that bypasses human interference through the full utilisation of available technological platforms in adherence to your excellency’s stated objectives.”

 

Sawyerr said NELFUND has developed a robust risk-mitigation mechanism to address potential risks that may arise from the programme.

 

The student loan scheme is billed to take off this month.

 

This president signed the bill into law in June 2023.

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Coup attempt in DR Congo: Three Americans among arrested suspects

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Three Americans have been reportedly listed among suspects responsible for Sunday’s coup attempt in the Democratic Republic of Congo (DRC).

 

Sylvain Ekenge, DRC army spokesperson, said the attempt involved “foreigners and Congolese”.

 

“These foreigners and Congolese have been put out of action, including their leader,” Ekenge said, adding that several suspects were detained and that the situation is now under control.

 

The army spokesperson did not provide further information concerning the incident.

 

Lucy Tamyln, US ambassador to the DRC, said she was shocked and very concerned to receive reports of American citizens being involved.

 

Pictures of two men with their hands clasped were published in local media, alongside pictures of a passport that indicated one was a 36-year-old US citizen born in Maryland.

 

“Please be assured that we will cooperate with the DRC authorities to the fullest extent as they investigate these criminal acts and hold accountable any U.S. citizen involved in criminal acts,” Tamlyn tweeted.

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The army’s announcement of successfully thwarting a coup attempt came hours after armed men attacked the house of Vital Kamerhe, former chief of staff and close ally of President Felix Tshisekedi.
Kamerhe’s residence is about two kilometres from the presidential palace.
Michel Muhima, Kamerhe’s spokesperson, had said the gunmen clad in military uniform engaged the politician’s guards in a shootout, leaving three people dead.

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Raisi’s vice expected to be sworn in as president of Iran

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Iran’s first vice president, Mohammad Mokhber, is expected to assume the presidency after Ebrahim Raisi’s death in a helicopter crash as the country gears up for early elections.

The Iranian constitution stipulates that the first vice president take over “in the event of the president’s death, dismissal, resignation, absence or illness for more than two months”.

 

Raisi, who died on Sunday along with Foreign Minister Hossein Amir-Abdollahian and other officials, was nearing the end of his first four-year term as president.

 

Mokhber’s interim appointment requires the approval of Iran’s supreme leader Ayatollah Ali Khamenei, who has the final word in all state affairs.

 

Presidential elections to pick a permanent successor are to be held within 50 days, according to the constitution.

 

A council made up of the parliament speaker, head of the judiciary and the vice president are to be tasked with organising the national vote.

 

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Mokhber, 68, was appointed vice president as Raisi took office in August 2021.

 

The vice president was born in Dezful city in the southwestern province of Khuzestan, where he held several official positions.

 

For years since 2007, Mokhber chaired the Execution of Imam Khomeini’s Order, a governmental organisation tasked with managing properties confiscated following the 1979 Islamic revolution.

 

The foundation, established in the 1980s, has over the years grown to become a major state economic conglomerate with shares in various sectors.

 

Iranians head to the polls for presidential elections every four years since the Islamic Republic’s first vote in 1980.

 

The constitution sets a two-term limit for Iranian presidents.

 

The position of prime minister does not exist in Iran, and the president — assisted by several vice presidents — is responsible for appointing and directing the cabinet.

AFP

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Good morning! Here Are Some Major News Headlines In The Newspapers Today: CBN withdraws circular on cybersecurity levy

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1. The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing commercial banks, mobile money operators, and other financial institutions to implement the National Cybersecurity Levy. The move was primarily informed by President Bola Ahmed Tinubu’s directive and widespread concerns raised by Nigerians.

 

2. There are indications that President Bola Ahmed Tinubu is expected to receive the scorecard of members of his cabinet this week. The administration will be one year old next week, but the ministers will clock nine months in office tomorrow, having been sworn in on August 21 last year.

 

3. Troops of the Nigerian Army have rescued 383 women and children abducted by terrorists and insurgents in Sambisa Forest in Borno State. Those rescued include women and children who had been held in the forest for 10 years.

 

4. Presidential candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, has visited victims of Kano mosque arson. Obi, who arrived in Kano, on Sunday, went straight from the Mallam Aminu Kano International Airport to the Murtala Muhammad Specialist Hospital, where some of the victims are receiving treatment.

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5. President Bola Ahmed Tinubu has offered a fresh appointment to Ajuri Ngelale, his Special Adviser on Media and Publicity. Ngelale was named Special Presidential Envoy on Climate Action and secretary of the newly established 25-man committee to oversee Green Economic Initiatives.

 

6. A helicopter carrying Iran’s President Ebrahim Raisi was involved in “an accident” amid poor weather conditions on Sunday, state media reported, with a search underway and no news yet on his condition.

 

7. A man, Taiwo Badejo, has allegedly stabbed his friend, identified simply as Monday, to death over N2,500 debt in the Oko Oba area of Lagos State. It was gathered that Badejo and Monday were arguing over the money when the argument degenerated into a fight between them on Friday.

 

8. The National Drug Law Enforcement Agency has declared a couple, Kazeem and Rashidat Owoalade, wanted for running a cocaine cartel from India. This followed the arrest of four members of the syndicate in Lagos, where a Sports Utility Vehicle was recovered and two houses traced to them were sealed for forfeiture to the Federal Government.

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9. Organised Labour has told the Federal Government to perish any thought of offering N100,000 as the new minimum wage. It also asked the government to be serious with negotiations on the issue of workers’ wages, insisting that it used the lowest minimum in arriving at N615,000 as the new minimum wage.

 

10. Olubadan-designate, Oba Owolabi Olakulehin’s nomination is awaiting Oyo State Governor, Seyi Makinde’s approval, Local Government and Chieftaincy Affairs Commissioner, Segun Olayiwola said on Sunday. He disclosed that his nomination as the next Olubadan of Ibadanland has scaled through all the stages, except the final approval.

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