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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.
It has been reported that the Ebola virus is rising again and there have been some cases. This has caused fear in many, with talks of different viruses spreading.
Amid this concern, the Federal Airports Authority of Nigeria (FAAN) reassured the people that no trace of Ebola has been confirmed in the country, despite the outbreak in Africa.
FAAN shared that they have been on the lookout for travellers who may have symptoms, and so far there is none.
It has been reported that the Joint Admissions and Matriculation Board, Joint Admissions and Matriculation Board (JAMB), has finally released the withheld results of 279 students.
It can be recalled that some results were held due to investigations of cheating. Some results proved to have traces of malpractice and were cancelled, but the ones without traces have been released and the students can finally move on.
JAMB also shared additional advice for students that might have not seen theirs: “Candidates whose results have not yet been released are advised to check their status by sending UTMERESULT to 55019 or 66019 using the same phone number used for registration to view their released results.”
It was reported that former Nigerian president Goodluck Jonathan has allegedly purchased a presidential candidate form for the 2027 elections.
It can be noted that Jonathan served as Nigeria’s president from 2010 to 2015.
This information was revealed by Sani Useni, a special assistant who made the claim. Many reacted to the news, with some expressing interest in seeing Jonathan return to power after staying relatively quiet politically since his administration ended.
However, Jonathan has not yet addressed the public or officially shared any presidential ambition.
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