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BREAKING! Bad news for private varsities as only applicants from federal institutions can access student loans-FG
By Kayode Sanni-Arewa
Managing Director of National Education Loan Fund, NELFUND, Akintunde Sawyerr, has revealed that a maximum of 1.2 million students across federal tertiary institutions will access the students’ loans in its opening phase.
Speaking ahead of the portal’s formal launch for applications on Friday, he stated that students enrolled in federal tertiary institutions whose institutions have finished uploading their data would be able to apply in the first phase.
According to Sawyerr, the program is an essential part of President Bola Tinubu’s administration’s Renewed Hope Agenda.
Its purpose is to give needy students financial support (obligatory fees and stipends) so they can pursue their academic objectives without worrying about the financial burden.
He also added that the Fund will pay 100 percent of institutional fees directly to the institutions of learning account while also providing stipends to the students monthly based on when school is in session.
He stressed the importance of some of the key features of the student loan including, No physical contact between the loan applicant and NELFUND, a user-friendly Loan Application portal, comprehensive support where applicants can access online support to assist and flexible repayment plans.
He said: “We encourage all students in federal institutions to take advantage of this opportunity to secure the required financial assistance for their education. Applicants must submit their applications as early as possible to ensure timely processing.”
News
#EndBadGovernance protests: Reps Minority Caucus demand punitive measures against perpetrators, hail Tinubu, AGF for releasing minors
Following the immediate release of about 76 young kids charged for terrorism, treason, and arson by the Nigerian Police Force for participating at the #EndBadGovernance protest, the Minority Caucus of the House of Representatives lauds President Bola Tinubu for being responsive to calls by Nigerians, and the international community.
In a statement jointly signed by all principal officers in the Caucus, Rep Kingsley Chinda, leader, Ali Isa J.C
(Minority Whip)
Hon. Aliyu Madaki
(Deputy Minority Leader) Rep George Ozodinobi
(Deputy Minority Whip) said:
“We commend President Tinubu for his prompt directive, coming few days after the arraignment of the children which led to the Attorney-General of the Federation seeking to assume control, and termination of the suit charge entirely.
“While we extol the President for the timely intervention, the Caucus strongly canvass for the possible investigation, prosecution, and discipline of individuals, and government agencies involved in the despicable, callous, and inhuman action that has led to national disgrace, and global condemnation.
” Anybody, and institution that played roles in the hounding of the children into cells for about 95 days when they should be at their respective schools, trades, and vocations must be brought to book for necessary public umbrage, and punitive measures discharged to serve as deterrent to others.
“Conscious of the psychological trauma, and health challenges the children may have experienced, we appeal that quality reformatory therapy sessions, and medical support be advanced to them as they unite with their respective families.
“Also, we call for immediate reparation packages to the victims and their families to ameliorate the untoward hardship, pain, and emotional torture suffered during the period of unlawful incarceration.
The brother of the ex- Vice President Arc Mohammed Namadi Sambo, Alhaji Suleiman Sambo, is dead.
He died on Monday at the age of 82 after a long illness.
Alhaji Suleiman Sambo is survived by his wife, 11 children, 52 grandchildren, and 38 great-grandchildren.
Until his death, he served in the Department of Government Printing within the defunct Ministry of Information and Home Affairs, Kaduna State, retiring as a Chief Superintendent in 1994 after 35 years of dedicated service.
Alhaji Suleiman Sambo’s funeral was held on Tuesday at the Bashama Road Cemetery.
The service was attended by family members, relatives, and sympathizers, including former Vice President Namadi Sambo, as well as religious and traditional leaders.
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