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Student Loan: Nigerian Govt Reveals 1.2M Beneficiaries, Provides Details
Student Loan: Nigerian Govt Reveals 1.2M Beneficiaries, Provides Details....KINDLY READ THE FULL STORY HERE▶
The Nigerian Government has announced that 1.2 million students from federal higher education institutions will benefit from the initial phase of the Student Loan scheme. Akintunde Sawyerr, Managing Director and Chief Executive Officer of the Nigeria Education Loan Fund, revealed this information on Monday, ahead of the portal’s launch scheduled for Friday, May 24, 2024…….CONTINUE READING
Key details of the scheme include:
- Payment Process: School fees will be directly paid to the institutions rather than the students themselves, ensuring that funds are used strictly for educational purposes.
- Application Requirements:
- Admission letter from the Joint Admissions and Matriculation Board (JAMB).
- National Identity Number (NIN).
- Bank Verification Number (BVN).
- Completed application forms from the loan fund’s website.
Sawyerr emphasized that the application process has been streamlined to facilitate easy access for all eligible students in federal tertiary institutions.
“There are approximately 1.2 million students in federal tertiary institutions owned by the government. Today, by inference, 1.2m students maximum at the federal level (will benefit), but there might be an opportunity to increase the capacity in terms of more institutions. When we bring in state-owned institutions, the numbers can go up.”
This scheme is part of a broader initiative following the signing of the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024 into law by President Bola Ahmed Tinubu on April 3. The Act aims to improve access to higher education through financial assistance, thereby promoting educational development and alleviating financial burdens on students and their families.
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“They Didn’t Even Want To See Me” — Atiku Opens Up On PDP Coalition Snub.
Former Vice President Atiku Abubakar has revealed that his push for an opposition coalition was initially rejected by members of the Peoples Democratic Party (PDP).....KINDLY READ THE FULL STORY HERE▶
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Atiku Opens Up On ADC 2027 Game Plan, Says Consensus Candidate Comes First.
Former Vice President Atiku Abubakar has said the African Democratic Congress (ADC) will first pursue a consensus arrangement before considering a primary election for its 2027 presidential ticket.....KINDLY READ THE FULL STORY HERE▶
Atiku made this known during an interview on Arise Television on Wednesday while discussing the party’s leadership and strategy ahead of the next general election.
He said he is open to backing a consensus candidate if that becomes the party’s collective decision, stressing that such support should not be interpreted as stepping aside.
“It is not about stepping aside, but whether I am willing to support, and yes, I will,” Atiku said.
According to him, the ADC’s first priority is to build internal unity and reach an agreement among stakeholders before considering a competitive primary process.
“Our first option will be to work out a consensus. If that doesn’t happen, then of course we will explore other options. And yes, I will support whoever eventually emerges,” he stated.
Atiku also expressed confidence in the political experience within the party, saying he believes a consensus is achievable and may make a full-scale primary contest unnecessary.
“That remains our preferred path. We will go for primaries if consensus fails, but I honestly do not expect it to get to that stage because we are dealing with mature and experienced politicians,” he added.
His comments come amid growing political consultations and coalition talks as parties begin to position themselves ahead of the 2027 general elections.
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2027: I Stand A Better Chance To Win Presidency Than Anyone Else – Atiku.
Former Vice President Atiku Abubakar has said the opposition coalition under the African Democratic Congress (ADC) has significantly strengthened his chances of winning the 2027 presidential election.....KINDLY READ THE FULL STORY HERE▶
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