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President Tinubu To Launch Students Loan Scheme Thursday – Presidency

In a broadcast on TVC’s Politics, Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, shared details about President Tinubu’s initiatives, including the upcoming launch of the National Student Loan Programme.
Ngelale emphasised the importance of this scheme as a key strategy to alleviate financial burdens for Nigerian families and young individuals, particularly during challenging economic times.
“Later this week, on Thursday, the President will launch the historic National Student Loan Programme.”
READ ALSO: Student Loan Act Could Send Many Students Out Of School – ASUU
“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.
The initiation of the Access to Higher Education Act, 2023, signed by Tinubu on June 12, 2023, marked a significant milestone towards providing interest-free loans for underprivileged students in Nigerian tertiary institutions.
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.
READ ALSO: Reps Scrap Presidential Yacht Budget, Increase Student Loan To N10bn
The government initially said it would take effect in September, but it did not.
However, Tinubu had insisted that the scheme would go live in January 2024. Declaring the 29th session of the annual Nigeria Economic Summit in Abuja open on October 23, 2023, the President said, “By January 2024, the new Students Loan Programme must commence. To the future of our children and students, we’re saying no more strikes!”
He proposed N50bn for its take-off in the 2024 budget he presented to the National Assembly last November.
News
Israeli Mission To Bolster Wellbeing Of Orphans In Nigeria
The Israeli Embassy in Nigeria has promised to bolster the wellbeing of orphans in Nigeria.
Deputy Chief of Mission of the embassy, Inbar Garden stated this in Abuja while donating food items to the Hope for Survival Orphanage, Gishsiri community, Federal Capital Territory (FCT).
She said aside helping to promote collaboration between Nigeria and Israel, the mission is committed to supporting the wellbeing of the orphans.
Garden said, “We just want to ensure the orphans have a better future and not taken for granted.
READ ALSO:Israel Begins Ground Offensive In Gaza Despite International Criticism
“It takes a person with a giant heart to give themselves to the society and make other peoples life matter.
“I urge you, children at the Orphanage to be focused on your future, because you are not going to stay in this place forever.
“Just dream big and say it loud, and go get your dreams fulfilled.”
Also,the Proprietress of the orphanage, Ruth Ibrahim, thanked the embassy for the kind gesture,
According to her, even for you to come here is not easy due to the deplorable road to the orphanage.
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“We thank God for the FCT Minister, Mr Nyesom Wike’s intervention, the road was so bad, at least he has repaired it, such that we can easily come into the orphanage as against before.
“God bless and enrich you for putting smiles on our faces, this is good, because we have never seen such a large cooking of meal like this in our orphanage,” Ibrahim said.
She decried lack of access to medical services and paucity of funds toward the construction of fence around the orphanage, to be major challenges they faced.
The orphanage have 67 children, with two having graduated from university and eight of them are currently in SS3, preparing for the West African Examinations Council (WAEC) exam.
The highpoint of the event is a treat for the children at the orphanage to a buffet by the Israeli deputy chief of mission.
News
Isokpan Sworn In As Egor LG Vice Chairman, Pledges Loyalty to Okpebholo’s SHINE Agenda
The Egor Local Government Council Secretariat was abuzz on Monday as Hon. Kenny Isokpan was officially sworn in as the Vice-Chairman of the Council, in a colourful ceremony attended by party leaders, stakeholders, and community groups.
The event drew a large gathering, including the Deputy Chief of Staff to the Deputy Governor, Hon. Plus Alile, alongside other prominent political figures.
In his address, the Acting Chairman of the council, Hon. Osaro Eribo, described Isokpan as a vibrant and energetic youth whose emergence heralded renewed vigour in the Council’s leadership.
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He expressed confidence that the new Vice-Chairman would work closely with him to advance Governor Monday Okpebholo’s SHINE Agenda at the grassroots level.
Shortly after assuming office, Isokpan lauded Okpebholo for his developmental strides across the state and for providing him the platform to serve.
He pledged unwavering loyalty to the governor, the party leadership, and Eribo, vowing to contribute his quota towards repositioning Egor in line with the progressive vision of the administration.
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The new Vice-Chairman also expressed gratitude to the State Chairman of the APC, Emperor Jarrett Tenebe, for his steadfast leadership, and commended party leaders at the state, local government, and ward levels for their support.
He gave special recognition to a prominent Egor leader, Hon. Osahon Airhunmwunde, for standing by him during his most challenging moments.
Isokpan further acknowledged the solidarity of the Red Cross Society and the National Youth Council of Nigeria (NYCN), stressing that their support reflected broad-based confidence in the ruling party’s grassroots agenda.
News
Dangote Group Agrees To redeploy Workers Sacked By Refinery
After a peace meeting, the Dangote Group has agreed to redeploy the workers sacked by its subsidiary, Dangote Petroleum Refinery.
The resolution was announced on Wednesday by the ministry of labour and employment in a statement on the outcome of the reconciliation meetings held on Monday and Tuesday.
Aliko Dangote, founder of Dangote Group, and representatives of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) met on Tuesday with Wale Edun, the minister of finance and coordinating minister of the economy, and Mohammed Dingyadi, minister of labour and employment to resolve the labour dispute.
READ ALSO:Dangote Refinery Dispute: PENGASSAN Suspends Strike After FG Intervention
Disclosing other agreements reached during the meeting, the ministry said the parties agreed that the disengaged workers will be absorbed by other subsidiaries in Dangote Group without loss of pay.
“The Honourable Minister of Labour informed the meeting that unionisation is a right of workers in accordance with the laws of Nigeria and that this right should be respected,” the ministry said
“After examining the procedure used in the disengagement of workers, the meeting agreed that the management of Dangote Group shall immediately start the process of taking the disengaged staff to other companies within the Dangote Group, with no loss of pay.
READ ALSO:NAFDAC Orders Removal Of 101 Products, Warns against Sale, Use
“No worker will be victimised arising from their role in the impasse between Dangote and PENGASSAN.
“PENGASSAN agreed to start the process of calling off the strike.
“Both parties agreed to this understanding in good faith.”
On September 26, PENGASSAN instructed its members to embark on a nationwide strike over the dismissal of workers by Dangote refinery.
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