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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
Corpse of Lagbaja arrives Nigeria as Presidency confirms death
The body of the former chief of Army Staff Lieutenant General Taoreed Lagbaja, who died a few days ago, has arrived in Nigeria.
The body arrived in the country on Tuesday night.
Lagbaja had reportedly battled aggressive prostate cancer that had got to the late stage.
All medical efforts to cure him had fallen through.
The Presidency on Wednesday announced the death of Lagbaja.
Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga said Wednesday morning in a STATE HOUSE PRESS RELEASE that: “President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, regrets to announce the passing of Lt. General Taoreed Abiodun Lagbaja, Chief of the Army Staff, at age 56.
“He passed away on Tuesday night in Lagos after a period of illness.
“Born on February 28, 1968, Lt. General Lagbaja was appointed Chief of Army Staff on June 19, 2023, by President Tinubu.
“His distinguished military career began when he enrolled in the Nigerian Defence Academy in 1987. On September 19, 1992, he was commissioned as a Second Lieutenant in the Nigerian Infantry Corps as a member of the 39th Regular Course.
“Throughout his service, Lt. General Lagbaja demonstrated exceptional leadership and commitment, serving as a platoon commander in the 93 Battalion and the 72 Special Forces Battalion.
“He played pivotal roles in numerous internal security operations, including Operation ZAKI in Benue State, Lafiya Dole in Borno, Udoka in Southeast Nigeria, and Operation Forest Sanity across Kaduna and Niger States.
“An alumnus of the prestigious U.S. Army War College, he earned a Master’s degree in Strategic Studies, demonstrating his dedication to professional growth and excellence in military leadership.
Lt. General Lagbaja is survived by his beloved wife, Mariya, and their two children.
“President Tinubu expresses his heartfelt condolences to the family and the Nigerian Armed Forces during this difficult time. He wishes Lt. General Lagbaja eternal peace and honours his significant contributions to the nation”.
News
Again, Trump wins 2024 US Presidential election
Donald J. Trump just won the 2024 election. President Elect Trump will be getting inaugurated on January 20, 2025 as the 47th President of The United States after the Electoral College vote on January 6th 2025.
The former president’s victory was the highlight of a big night for Republicans, who were also projected to regain control of the Senate after four years in the minority.
The fate of the House of Representatives was too close to call early Wednesday, with the majority not likely to be determined for several days.
In an eerie repeat of the scenes on Election Night 2016, thousands of Harris supporters who gathered on the campus of the veep’s alma mater, Howard University, to watch the results come in were left shocked and in tears as it became clear their candidate could not win.
In the end, it was not Harris but her campaign co-chair, Cedric Richmond, who was left to inform the desolate crowd that the Democratic nominee would not be appearing.
“We still have votes to count … so you won’t hear from the vice president tonight,” said Richmond, a former Louisiana congressman and Biden White House official. “She will be back here tomorrow.”
“Go HU and go Harris.”
The 45th president had projected supreme confidence against Harris, 60, in the final days of the race, with heavy messaging aimed at male voters and a marathon schedule of rallies and media appearances — including a shift at a Pennsylvania McDonald’s.
Meanwhile, Harris downplayed both her potential to make history as the first female president and her racial identity as a child of Jamaican and Indian immigrants.
Instead, she campaigned as a pro-small business warrior for the middle class, while seemingly disavowing a host of former left-wing stances she had espoused as San Francisco district attorney, California attorney general and a senator from the Golden State.
Trump’s victory makes him just the second president to be elected in non-consecutive cycles, joining Democrat Grover Cleveland — who was picked as the 22nd president in 1884 and the 24th president in 1892, with Republican Benjamin Harrison of Indiana serving four years in between.
The race was widely considered a toss-up right through Election Day, as surrogates for both candidates made rhetorical blunders that received widespread media attention.
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