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President Tinubu Launches Revamped Student Loan Scheme with ₦35 Billion Allocation
In a significant development, Bola Tinubu has launched a revamped Student Loan Scheme at Aso Rock, the heart of the nation’s capital.
The Federal Government recently introduced changes to the scheme, officially marking its launch.
During a ceremony in Abuja, President Tinubu is currently leading a presidential committee tasked with overseeing the scheme’s implementation.
This follows the President’s allocation of ₦35 billion to kickstart the initiative, aimed at benefiting an initial group of 70,000 students through the Nigerian Education Loan Fund (NELFund).
Jim Ovia, heading the Governing Board of NELFund, has already authorized the disbursement of loans to eligible candidates under Tinubu’s direction, during the board’s inaugural session in Abuja last month.
At the ongoing inauguration event at the Presidential Villa, Tinubu is expected to outline the team’s objectives to ensure the scheme aligns with its intended goals.
Further updates will follow as the implementation progresses.
Lagos State Police react to claims of them taking money from dispatch riders on the Coastal Road in Lagos.
It started after a rumour was shared that police arrest and take money from riders as a demand for high bribes, sometimes reaching ₦200,000, and seize motorcycles if not given.
The Police Public Relations Officer, SP Benjamin Hundeyin, then addressed the claims online and stated in his statement that he disagreed that the rumour is true and stated, “The spread of misinformation only causes more harm than good. In this era, we can and must do better.”
It has been announced by the governor of Ogun that Tuesday 3rd of February is a public holiday in order to mark the 50th anniversary of the state creation.
This public holiday declaration was released in a statement by the secretary of the state, Tokunbo Talabi.
He then added that the holiday will provide as a day for the citizens to participate in the activities for the state milestone.
Former Kogi politician, Dino Melaye, faces backlash from the public after he shared a video on social media of him abroad and living well through his luxurious lifestyle.
In the same video, he speaks about Nigeria’s current economy and shares his disappointment.
He wrote, “See country, God help us to build a true nation where our wicked leaders will be in jail and the right people in power. Nigeria must be fixed. YES WE CAN.”
However, many state that what he posted and what he is saying contradict each other, and they accused him of sharing his own records to know if he was a corrupt leader.
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