News
Give N50bn Budgeted For Loan To Students As Grant – ASUU Tells FG

The Academic Staff Union of Universities, ASUU has asked the Federal Government to give the 50 billion naira budgeted for loan scheme to students as grants.
President of ASUU, Emmanuel Osodeke made this call in an interview on Channels Television on Friday.
Osodeke noted the burden of paying back the loan in a country where jobs are not guaranteed after graduation as the reason for the Union’s suggestion.
Recall that President Bola Tinubu signed the student loan bill into law on June 12.
READ ALSO: ASUU Joins NLC, TUC, Declares Nationwide Strike
The law is to provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund.
Tinubu in October announced that the scheme would commence in January 2024, with the Federal Government voting N50bn for the programme in the 2024 budget.
But, the ASUU president said allocating the 50 billion naira as grants would have had more impact and be a humane investment in the education of Nigerian students.
He said, “If the issue is just N50 billion, why can’t we convert that N50 billion as a country like Nigeria to grants for the children of the very poor?
READ ALSO: Student Loan Act Could Send Many Students Out Of School – ASUU
“Let’s give to those who cannot afford it, not give them as a loan that becomes a liability for them before they even graduate and not sure of getting a job.
“We are thinking of the Nigerian people, those who cannot afford it, those children who are in the villages whose parents earn less than N30,000 a month,” he said.
“If it is just about 50 billion, the Nigerian government should give that 50 billion as grants to the students rather than giving it as a loan that will encumbrance them in the future and could make them start going to crime, in order to pay for this loan.”
According to Osodeke, such initiatives as student loan had failed twice before.
He berated the conditions attached to the loan, saying it is economically disadvantaged for students in rural areas.
READ ALSO: NANS Tackles ASUU Over Call For FUTO VC’s Resignation
Osodeke said, “In such a country where you easily have access to Job after graduation cannot pay it back and they are suffering, or people committing suicide. Is it in Nigeria where the children are sure that even in 10 years, you might not get the employment that they can pay back the loan?”
The ASUU president said he doubted the impact of a 50 billion naira loan, saying, “How many people will 50 billion go to as a loan?”
“Look at the conditionality, which level 12 officer will sign for the children of the poor in the village to get access to the loan? How much was budgeted this year? — 50 billion…how many people will 50 billion go to as loan?”
News
Tinubu Unveils Plan To Restart Oil Production In Ogoniland
President Bola Tinubu has moved to restart oil production in Ogoniland in Rivers State.
The president disclosed this on Wednesday when he conferred posthumous national honours of Commander of the Order of the Niger, CON, on the late Ogoni four; Albert Badey, Edward Kobani, Theophilus Orage, and Samuel Orage.
Conferring the honours at the Presidential Villa in Abuja, Tinubu urged the Ogoni people to embrace reconciliation and unity after decades of division.
READ ALSO:Teacher In Police Net For Tying, Beating Pupil In Bauchi
He assured them of his administration’s support for peace, environmental remediation, and economic revival in the land.
“I am encouraged by the overwhelming consensus of the Ogoni communities to welcome the resumption of oil production.
“The government will deploy every resource to support your people in this march towards shared prosperity,” he said.
READ ALSO:Nigeria Ready, Willing To Host Commonwealth Games — Tinubu
The president directed the National Security Adviser, NSA, Mallam Nuhu Ribadu, to begin engagements between Ogoni communities, NNPCL, and other stakeholders to finalise modalities for restarting operations.
Earlier in his report, the NSA stated that the consultations engaged all four Ogoni zones and the diaspora, capturing demands for structured participation in oil production, accelerated cleanup, and sustainable development.
News
Former Oyo Police Commissioner Is Dead
A Former Commissioner of Police in Oyo State, Abiodun Odude is dead.
The shocking news of his death was shared by the Chairman, Ibadan branch of Government College, GCI Old Boys Association, Akin Orowale on the Association’s platform.
Abiodun Odude, an old boy of GCI, served as Oyo CP between 2017 and 2019.
In the meantime, reactions have continued to trail the death of Odude.
READ ALSO:Saudi Arabia’s Grand Mufti Is Dead
A former Director General, Oyo State Signage and Advertisement Agency (OYSAA), and GCI OBA stalwart, Dr Yinka Adepoju posted this on platform.
“Hmmm, another deep cut in the GCI Old Boys Association and Boys of 71 Set in particular!
“May the Soul of Biodun rest in peace as l pray that the Lord comforts all members of this Great 71Set and his entire family members, ‘Yinka Adepoju @71, 2356# Grierson”
“So sad to lose such a personality NOW. But what can we do? Nothing absolutely than to wish him eternal rest and divine consolation to the loved ones left behind, particularly his immediate family and GCIOBA,” another old boy, who is an Ibadan based politician, Mr Adeniyi Adeoti said.
The late Odude served in the Intelligence Department, Zone 2, Lagos State as Deputy Commissioner of Police, CID, Panti, Yaba; he was Commissioner of Police, Administration; Department of Finance and Admin., Force Headquarters, Abuja.
News
Lagos Govt Gives Computer Village Traders Ultimatum To Relocate To Katangowa
The Lagos State Government has given traders at the popular Computer Village in Ikeja an 18-month deadline to move to a new permanent site at Katangowa, in the Agbado/Oke-Odo Local Council Development Area.
The Permanent Secretary of the Ministry of Physical Planning and Urban Development, Gbolahan Oki, disclosed this during a stakeholders’ engagement with market leaders and traders on Tuesday.
According to him, the state government has provided the necessary infrastructure and facilities at the Katangowa site to ensure a conducive business environment once the relocation takes effect.
READ ALSO:Lagos Begins Monitoring As Schools Resume
“The government wants your cooperation to ensure the relocation comes to pass. The time is now. We have to make the project a reality. The relocation period is 18 months,” Oki said.
He explained that Computer Village currently sits on land originally designated as a residential area, which over time was converted into a bustling commercial hub without formal approval from the government.
Oki also revealed that plans to move traders from Ikeja to Katangowa have been in the works since 2006 but were stalled due to delays in completing the new site.
READ ALSO:Police Reveal Cause Of Death Of Bodies Found On Lagos Riverbank
Emphasizing Governor Babajide Sanwo-Olu’s commitment to inclusive governance, he noted that the stakeholders’ meeting was convened to carry traders along in the government’s plans.
“The governor is passionate about infrastructure development and the welfare of Lagosians. Katangowa has been designated as the permanent site for this market. It sits on 15 hectares of land, well-planned and strategically located near essential resources for your businesses.
“The present location in Ikeja was never meant to serve as a trading hub. What we are offering at Katangowa is a structured market environment that supports growth while addressing environmental and urban planning concerns. We want to work with you and jointly plan this relocation,” Oki said.
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