News

BREAKING: Tinubu effectively kicks off student loan scheme in Aso Rock

The Federal Government has officially started the Student Loan Scheme after making some minor changes to it.

President Bola Tinubu is now launching a presidential committee to advance the Scheme in the State House in Abuja as of the time this brief report was filed.

The President recently approved ₦35 billion to launch the project, with 70,000 first candidates to be selected by the Nigerian Education Loan Fund (NELFund) based on predetermined criteria.

During the NELFund’s first meeting in Abuja last month, Jim Ovia, who was appointed by Tinubu to chair the governing board, approved the loan payment to successful applicants.

Tinubu is anticipated to provide the terms of reference to the implementation team during the inauguration now taking place in the Villa in order to make sure the programme stays true to its original purpose.

Details later…

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Mazi Nwokpor Jonathan

Recent Posts

DSS Makes Major Move After Fugitive Son of Ex-Pension Chief Returns to Nigeria

Keep up with the latest news and be part of our weekly giveaways and airtime…

11 hours ago

IPOB Reveals Its Position After Northern Youths Extend Solidarity

Keep up with the latest news and be part of our weekly giveaways and airtime…

11 hours ago

Fuel Discount Controversy Deepens as NNPCL Adjusts Pump Price Again

Keep up with the latest news and be part of our weekly giveaways and airtime…

12 hours ago

World Food Day: Peter Obi Raises Alarm Over Nigeria’s Worsening Crisis

Keep up with the latest news and be part of our weekly giveaways and airtime…

12 hours ago

Alleged Drug Probe: What Tinubu’s Lawyers Want a US Court to Reject

Keep up with the latest news and be part of our weekly giveaways and airtime…

12 hours ago

2027 Elections: Tinubu Makes Fresh Move That Could Reshape INEC

Keep up with the latest news and be part of our weekly giveaways and airtime…

14 hours ago