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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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Benue Governor Alia “State Prepared for Flood”

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Benue State Governor Hyacinth Alia has assured that the state is ready to handle any potential flooding from the release of water from Cameroon’s Lagdo Dam. After meeting with President Bola Tinubu, Alia stressed that while they hope the flood won’t happen, they are well-prepared. He noted that the state is focusing on prevention, such as river dredging, and is actively informing residents about flood risks.

The upcoming release of water from the dam has raised concerns, especially after recent severe floods in Borno State. Alia emphasized that his administration is taking proactive steps and is working with emergency teams to manage any challenges. He also defended the transparency of his local government nominations, encouraging candidates to accept the outcomes of the October 5 elections.


 

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NIHSA Warns of Imminent Flooding as Cameroon Releases Water from Lagdo Dam

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The Nigeria Hydrological Services Agency (NIHSA) has alerted Nigerians residing in flood-prone areas to relocate, following the release of water from Cameroon’s Lagdo Dam into River Niger and River Benue.

The release, which began on September 18, 2024, poses flood risks to 11 states, including Adamawa, Kogi, Benue, and Bayelsa.

NIHSA urges individuals to clear drainages and avoid floodplains. This comes days after severe flooding in Borno killed over 30 people.


 

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Israel Acknowledges Role in Escalating Conflict with Hezbollah Amid Deadly Attacks

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Israel admitted to initiating a “new era” of war after two consecutive days of explosive attacks targeting Hezbollah in Lebanon.

On Tuesday, pager explosions killed several, including children, and wounded over 2,800. A second wave on Wednesday, involving walkie-talkies and phones, killed at least 20 and injured 450.

One explosion occurred during a Hezbollah funeral, with reports suggesting Hezbollah’s elite Radwan unit was heavily impacted. Israel believes the death toll is higher than officially reported.


 

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