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Student loan bill : Tinubu Explains the reason for the postponement of NELFUND launch, Says his plan is for better programme

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The Presidency, on Wednesday, reaffirmed President Bola Tinubu’s commitment to the Nigerian Education Loan Fund (NELFUND),
The Presidency was reacting to the postponement of the planned launch of the Fund, which was initially scheduled for Thursday, March 14, explaining that a new date would soon be announced.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, while reacting to a question on the matter during the post-Federal Executive Council (FEC) meeting at the State House Abuja, said the postponement was necessitated by the need to plan the programme better.

It would be recalled that the federal government had on Tuesday announced the indefinite postponement of the scheme’s launch.

On June 12, 2023, President Tinubu signed the Access to Higher Education Act, 2023, into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution.

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.

The student loan bill was sponsored by Femi Gbajabiamila, the immediate-past Speaker of the House of Representatives and current Chief of Staff to the President.

The legislation provides for the establishment of the Nigerian Education Loan Fund, which will have the power to administer, supervise, coordinate, and monitor the management of student loans in the country.

Based on the provisions of the legislation, the fund is expected to receive and screen applications for student loans through higher institutions on behalf of the applicants.

However, providing an explanation for the postponement of the Funds launch, Onanuga said: “There’ll be a new date to launch the student loan scheme, it’s not forgotten. There are some things that need to be rearranged so that it can be launched properly.

“I think that’s what’s happening. So the President’s committed to it, you know it’s one of his flagship programs and he wants to get it done as quickly as possible.”

Providing additional insight, Minister of Information and National Orientation, Mohammed Idris, recalled that President Tinubu had planned out other people-oriented policies and programmes, like the introduction of Social Security and consumer credit programmes that are also being prepared for launch.

Idris, who explained that the various programmes are being taken together, said: “In addition to that, you know that the President has also introduced the issue of social security and consumer credit. We mentioned that in the last press briefing, we had.

“So all these are being taken together and Mr. President is not stopping or suspending the students’ loan. Indeed, he’s ensuring that it comes about strongly so that Nigerians and especially the families of the less privileged, take advantage of that so that they can get education.”

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Tinubu Emerges APC Presidential Candidate After Nationwide Direct Primary

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….President Tinubu polls 10,999,162 votes, declared winner.

The ruling All Progressives Congress (APC) has declared President Bola Ahmed Tinubu the winner of its presidential primary election ahead of the 2027 general elections.

The party commenced the collation of results from its nationwide presidential shadow election at the Bola Ahmed Tinubu International Conference Centre in Abuja following the conclusion of voting on Saturday, May 23.

In a significant shift from the delegate-based system often associated with controversy, the APC adopted a direct primary method for the exercise. The election was conducted simultaneously across the party’s 8,809 wards in the 36 states and the Federal Capital Territory (FCT).

Under the direct primary system, all registered members of the party were eligible to vote for their preferred presidential aspirant, a move party leaders described as part of efforts to strengthen internal democracy and encourage wider grassroots participation.

The final stage of the process is being supervised by a seven-member Presidential Primary Election Committee chaired by former Senate President, Senator Anyim Pius Anyim.

Other members of the committee include former Senate President Ken Nnamani, Grace Titi Laoye-Ponle, former Speaker of the House of Representatives Yakubu Dogara, former Kogi State Governor Idris Wada, and Sanusi Musa, who serves as the committee secretary.

The atmosphere at the Bola Ahmed Tinubu International Conference Centre remained charged as governors, party chairmen, and designated collation officers arrived to present certified results from their respective states before the Anyim-led committee.

Governors coordinating the exercise in their states took turns presenting the official results as the party concluded the nationwide primary process.

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Tinubu Commends APC Primaries, Describes Exercise as Victory for Internal Democracy

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…President expresses satisfaction with governors’ handling of exercise

…Says party members’ support places greater responsibility on him

President Bola Ahmed Tinubu on Saturday described the ongoing presidential primaries of the All Progressives Congress (APC) as a demonstration of internal democracy and grassroots participation, expressing satisfaction with the conduct of the exercise across the country.

The President spoke with journalists after participating in the primary election at Ward L2, Ikoyi, Lagos, where he commended state governors and party officials for managing the process.

President Tinubu, who arrived at the venue alongside the First Lady, Senator Oluremi Tinubu, was received by Lagos State Governor, Babajide Sanwo-Olu, Lagos APC Chairman Pastor Cornelius Ojelabi, Minister of Industry, Trade and Investment Dr. Jumoke Oduwole, former Minister of Finance Wale Edun, and other party leaders.

According to him, the exercise has so far reflected the democratic ideals of inclusiveness and orderly participation within the ruling party.

“This is a demonstration of internal democracy and it has been going very well according to plan.

“This is politics, grassroots politics, where every member of the party has a right to participate and be involved. It’s to ensure that we have an internal democracy and it’s peaceful and well-organized”, Tinubu said.

Responding to questions on whether he was satisfied with the manner governors had handled the process in their respective states, the President said the conduct of the primaries had met expectations.

“Today, I am very satisfied, very, very satisfied that these governors have done well in their various states.

“In fact, from the ward congresses to local government congresses, to the delegate accreditation, validation, members register, and certification of the electoral process, it has been all very well. At least, you will score democracy at a high level”, he said.

The President also reacted to the large turnout and expressions of support from party members and supporters at the venue, saying the show of confidence increased the responsibility on him.

“I’m just excited. They challenge me more,” Tinubu said.

Tinubu reiterated that the APC remained committed to transparent and inclusive democratic processes that allow party members at the grassroots to freely determine their leaders and representatives.

He further commended electoral officials, party leaders and security agencies for ensuring a peaceful and credible exercise, while urging Nigerians to continue supporting democratic institutions and national unity.

The President also reaffirmed his administration’s commitment to democratic ideals, good governance and policies aimed at improving the welfare of Nigerians while strengthening political stability across the country.

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Truck Loaded With Stolen Rail Materials Trapped in Jos, Exposes Growing Sabotage

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Concern is mounting over the persistent vandalism of railway infrastructure across Nigeria following another disturbing incident in Jos, Plateau State.

A truck reportedly conveying stolen railway materials was said to have become stuck along the Kuru axis, drawing attention to the activities of vandals sabotaging critical transportation infrastructure in the country.

The incident has renewed calls for urgent government intervention as experts warn that continued attacks on railway facilities could negatively affect national development and public safety.

Railway tracks and related materials are regarded as essential national assets designed to support economic activities, improve transportation and boost regional connectivity. Their destruction, analysts say, amounts to economic sabotage and a setback to Nigeria’s infrastructure development goals.

There are growing fears that criminal networks are increasingly targeting railway installations in parts of North Central and North East Nigeria, threatening train operations and exposing commuters to danger.

Stakeholders are now urging authorities to intensify monitoring, deploy advanced security systems and strengthen enforcement measures to curb the menace.

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