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President Tinubu Launches Revamped Student Loan Scheme with ₦35 Billion Allocation

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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.

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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.


 

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Nigerian Student Wins 2026 Spelling Bee World Championship

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It has been reported that a Nigerian won the 2026 Spelling Bee World Championship, which was held in Shanghai, China. The winner, Chinedu Great Okdediachi, has now returned home to Delta State after his victory.

It can be noted that the student had already emerged as one of the Gold Award winners in the Middle School Group category.

“Congratulations once again, Chinedu! Your success continues to inspire young Nigerians to pursue excellence through education. Welcome home, Champion!”

The young star has made Nigeria proud by winning the international competition.


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‘My Reforms Have Stabilised Nigeria’s Economy’ — President Tinubu

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President Bola Ahmed Tinubu has stated that his administration’s economic reforms have helped stabilise Nigeria’s economy and placed the country on a path toward steady growth.

He said “My reforms have stabilised Nigeria’s economy and put it on a path of steady growth.”

The President added that the reforms are creating more opportunities for development across the country.

However, many Nigerians reacted online, with some questioning the impact of the reforms and saying they have yet to experience the positive effects.


 

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Nyesom Wike Says He Knows Civil Servants Don’t Like Him

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Nigerian politician and FCT Minister, Nyesom Wike, has said that he is aware many civil servants do not like him.

He shared that he understands why he is unpopular among some civil servants, explaining that funds previously spent on unnecessary conferences are now being redirected to road construction projects.

He said “Some people say conferences for corruption and I say what is that? You are going for conferences to do what? These are ways government funds are being diverted. I say put this money in this road here and the people will get the impact.”


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