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Education: Student Loan Scheme Kick Off With 1.2 Million Beneficiaries

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All is now set for the take off of Student loan program on May 24, 2024, with 1.2 million students in federal tertiary institutions across the country poised to benefit, according to Akintunde Sawyerr, Managing Director/CEO of the Nigeria Education Loan Fund (NELFUND).

During a pre-application sensitization press conference in Abuja , Sawyerr revealed that the initial phase would support students in federal universities, polytechnics, colleges of education, and technical colleges.

Data from the National Universities Commission indicates there are 226 federal tertiary institutions in Nigeria, including 62 universities, 41 polytechnics, 96 monotechnics, and 27 colleges of education.

President Bola Tinubu signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law on April 3. This bill, passed by both the Senate and the House of Representatives, establishes the Nigerian Education Loan Fund as a body corporate to manage funds for providing loans to Nigerians for higher education, vocational training, and skills acquisition.

The Act empowers NELFUND to offer loans to qualified Nigerian students for tuition, fees, charges, and upkeep during their studies in approved public tertiary institutions and vocational training establishments. It also removes the family income threshold, allowing all students to apply for loans and take responsibility for repayment.

President Tinubu emphasized the importance of inclusivity in education, stating, “This is to ensure that no one, no matter how poor their background is, is excluded from quality education and the opportunity to build their future.”

Initially set to launch in September, the scheme faced delays due to President Tinubu’s directive to expand it to include vocational skills loans. Last Thursday, NELFUND announced that the portal for loan applications would officially open on May 24.

Addressing journalists on Monday, Sawyerr said, “There are approximately 1.2 million students in federal tertiary institutions owned by the government. Today, by inference, 1.2 million students at the federal level will benefit, but there might be an opportunity to increase capacity by including more institutions. When state-owned institutions are added, the numbers can go up.”

Sawyerr explained that only students from institutions that have uploaded their data on NELFUND’s dashboard would be eligible to apply. He urged students in federal tertiary institutions to visit the website www.nelf.gov.ng to apply from May 24, noting that students in state universities and vocational skills centers could apply later.

To apply, students need their admission letter from the Joint Admissions and Matriculation Board, National Identity Number, Bank Verification Number, and completed application forms from the website.

“The loan application process has been streamlined to ensure easy access for all eligible students in federal tertiary institutions. Applicants can access online support for any questions or concerns during the application process,” Sawyerr said. “We believe that education is a vital investment for the future, and the student loan initiative of Mr. President is a testament to this commitment.”

One key feature of the program is the absence of physical contact between loan applicants and NELFUND, with a user-friendly portal interface designed to facilitate convenient submission of loan applications

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Education

Striking SSANU, NASU Ask Wale Edun To Pay Withheld Salaries

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Two striking university unions in Nigeria have asked the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to pay their four months’ withheld salaries, following an approval of the payment by President Bola Tinubu.

The striking unions ruled out the possibility of any meeting or negotiation with the Federal Government, insisting that the Ministry of Finance “do the needful” and remit their withheld salaries electronically to all their members.

“The President has given the approval, the Ministry of Education has conveyed the approval. It is within the precinct of the Ministry of Finance. So, the Minister of Finance should just do the needful. That’s all,” SSANU President, Muhammed Ibrahim said on Channels Television’s The Morning Brief programme on Tuesday.

On Monday, members of the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) commenced an indefinite nationwide strike within campuses of public universities to demand the immediate release of their four months’ withheld salaries.

The two unions said it was appalling that despite several ultimatums issued to the government, no positive result has come from the government.

The two unions directed their members in all public universities and inter-university centres throughout the country to “hold a joint congress in their respective campuses on Monday, October 28, 2024, and proceed on an indefinite, comprehensive and total strike action as no concession should be given in any guise”.

Our correspondents observed that public universities across the nation were shut down and nothing moved administratively within public varsities in Nigeria as hostels and varsity gates were locked up and electricity supply was cut off by disgruntled non-academic staff.

The SSANU President said the government reached out to the striking unions on Monday but the meeting was nothing to look forward to based on antecedents of failed negotiations.

He said, “Well, in terms of reaching out, yes, informally, we have been reached out to but we are not too excited about it because we have had it severally but we hope that this time it will be different.

“There is a very short and fast way to solve this problem. Every process and procedure has been followed. What is remaining is for the payment to be made. The government should just direct that these payments should be released, with the touch of a button, because everything is electronic now.

“Once the payments are made, we will resume back to work. Nobody is happy. Prolonged renegotiation won’t achieve any result. What we want is action.”

Before now, the two unions had staged several protests and warning strikes to protest their withheld salaries by the Federal Government.

Virtually all schools were closed across Nigeria between March and July 2020. Most schools only fully reopened in January 2021, with social distancing measures in place.

The two unions berated the Federal Government for paying withheld salaries to the Academic Staff Union of Universities (ASUU) while neglecting the non-academic unions.

All the unions had embarked on an eight-month strike in 2022 to press home some of their demands including a better welfare package. The administration of then President Muhammadu Buhari subsequently invoked a ‘No Work, No Pay policy’ against the unions but President Bola Tinubu last October approved the release of withheld salaries to ASUU members.

SSANU and NASU accused the Federal Government of unfair treatment and discrimination by failing to pay them the full eight months’ salaries like their academic counterparts.

Then Education Minister Tahir Mamman had in April blamed a “communication problem” for the non-payment of the full amount to SSANU and NASU members, whilst he insisted that they were not discriminated against.

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Senate Approves Establishment of Federal Universities in Ilaro and Kachia

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The Nigerian Senate, on Tuesday, approved the third reading of two bills aimed at establishing the Federal University of Technology in Ilaro, Ogun State, and the Federal University of Applied Sciences in Kachia, Kaduna State.

The approval followed the presentation of a report by the Senate Committee on Tertiary Education and TETFUND, chaired by Senator Dandutse Mohammed (APC, Katsina South).

The report supported the creation of these two institutions to promote higher education and technological advancements in Nigeria.
According to the committee’s report, the establishment of the Federal University of Technology in Ilaro is based on the upgrading of the existing Federal Polytechnic Ilaro to a full-fledged university.

The bill for this upgrade was sponsored by Senator Solomon Adeola (APC, Ogun West) and was first introduced during the 9th Senate but did not pass at the time.

In a related development, the Senate also passed the bill for the establishment of the Federal University of Applied Sciences in Kaduna State. However, the committee recommended changing the institution’s location from Manchok, as initially proposed by the bill’s sponsor, Senator Sunday Katung (PDP, Kaduna South), to Kachia, Kaduna State.

After a detailed clause-by-clause review of the reports, the Senate passed both bills for the third reading, moving them closer to becoming law and enabling the establishment of the two universities.

 

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WAEC Releases May/June 2024 WASSCE Results

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The management of the West African Examinations Council (WAEC) says it would release the results of the May/June 2024 West African Senior School Certificate Examination (WASSCE) today.

The examination was written by 1,814,344 candidates in 22,229 secondary schools nationwide.

Acting Head of Public Affairs, Mrs. Moyosola Adesina, said the Head of National Office (HNO), Dr. Amos Dangut will announce the release of May/June 2024 WASSCE at Yaba headquarters.

Dangut had said in April 2024 that out of 1.8 million students, 902,328 (49.73 percent) are males and 912,016 females (50.27 percent).

They were examined in 76 subjects, made up of 197 papers while 30,000 secondary school teachers supervised the examination.

The release of the results will brighten the chances of candidates, who applied for admission in 2023/2024 academic session into the universities, polytechnics and colleges of education.

Many of the candidates, who wrote the 2024 school examination, did so as awaiting results.

Dangut said: “In tune with our recent tradition, the results of candidates sitting the examination will be released 45 days after the conduct of the last paper, while certificates will be printed and issued to schools in less than 90 days after the release of results.”

He added that the results will be released along with the digital copies of candidates’ certificates, which can be accessed on the digital certificate platform.

 

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