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Student Loan Bill: Tinubu passionate about education, says minister
Student Loan Bill: Tinubu passionate about education, says minister
The Minister of Education, Prof. Tahir Mamman, on Monday, March 18, said President Bola Tinubu does not want any child of school age to be out of school, because of his passion for the education sector.
This is even as Senate president Godswill Akpabio said that the legislative agenda of the 10th National Assembly will bring about tremendous improvement in the standard of living of Nigerians.
Tahir and Akpabio spoke in Abuja during a Public Hearing organised by the Senate Committee on Tertiary Institutions and Tetfund and House of Representatives Committee on Students Loan, Scholarship and Higher Education Financing on Student Loan (Access to Higher Education), repeal and reenactment Bill 2024, at the Senate, on Monday.
The Minister of Education, Prof. Mamman, commended President Tinubu for his passion and commitment to the education sector.
He said the president does not want any child of school age to be out of school, given his passion for the sector.
He said the public hearing would provide an opportunity to make further input to improve the bill for the good of Nigerian students.
Represented by the Deputy President of the Senate, Senator Barau Jibrin, he commended President Bola Ahmed Tinubu for his foresight and uncommon passion in supporting the students of the country with the loan scheme.
He said the scheme will address the problems of lack of funding among Nigerian students.
“The present 10th National Assembly at its inception in 2023 set out for itself a legislative agenda whose implementation will surely bring about a tremendous improvement in the living conditions/standards of the citizenry with Mr. President’s Renewed Hope Agenda,” Akpabio said.
In amending the bill, Akpabio said the opinions of all stakeholders would be considered to have the best legislation.
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“I wish to urge you to freely express your views and opinions either for or against the subject of this hearing in a manner that will bring about the sustenance of our collective will to be together as a nation to call ours.
“Public Hearings are one of the primary legislative processes that offer the general public and especially relevant stakeholders the opportunity to contribute their quota to law-making.
“There is no doubt that your views at this Joint Public Hearing will go a long way in assisting the committee make an informed recommendation (s) to the Senate and the House of Representatives respectively.
“It is this submission/recommendation of the Committees that the Senate and the House of Representatives will rely on to pass/make relevant laws for the good governance of our citizenry as enshrined in the 1999 Constitution of the Federal Republic of Nigeria as amended,” he said.
The Chairman of the Senate Committee on Tertiary Institutions and TETFund, Senator Muntari Dandutse, said access to quality higher education was a pressing concern for many Nigerian students.
He said the student loan scheme offers hope for addressing issues of students and ultimately improving Nigeria’s tertiary education.
He said the scheme would promote access to education and enable more students to pursue their dreams.
Dandutse said the successful implementation of the scheme would unlock a brighter future for the youths and the entire nation.
He stated: “By removing financial barriers, these initiatives will enable more students to pursue higher studies, leading to a larger pool of skilled graduates who contribute to the country’s social and economic development. Increased literacy rates foster economic growth, social progress, and democratic participation.”
He urged all stakeholders to make valuable inputs to effect positive change in the act and drive progress in the nation’s tertiary education sector.
Also on Monday, the National Association of Nigerian Students (NANS), called for the provision of study grants for Nigerian students in the Bill seeking to establish the Nigeria Education Loan Fund (Nelfund).
President of NANS, Mr. Lucky Emonele, in his presentation at the public hearing on the 2024 Students Loans Access to Higher Education Bill 2024, commended President Tinubu for responding to the request of NANS, by including its leadership as representatives of the students on the loan board.
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He also commended the decision to repeal the act to address grey areas that could hinder the success of the student loan scheme.
According to him, there is a need to make provision of grants for students, to enable them to complete or further their studies.
This, he said would encourage more students to enroll in school and alleviate the burden that the loans may place on beneficiaries.
“If the Federal Government through the Tertiary Education Trust Fund (TETFund) could earmark N683 billion on public tertiary institutions in 2024, without requesting for payback from beneficiary institutions, Nigerian students should not be treated any different,” he said.
He said the proposed repayment period of two years post-National Youth Service Corp (NYSC) for the loan was not realistic, saying that less than 10 per cent of Nigerian graduates get absorbed into the labour force upon completion of their NYSC.
The NANS President, therefore proposed for a minimum of five years repayment duration, given the challenges of unemployment after graduation.
He also appealed that the provision of a loan scheme should not be a further reason to arbitrarily increase school fees by the management of tertiary institutions.
He urged the National Assembly to pass a resolution that prohibits public tertiary institutions from increasing school fees in the next 10 years.
This, he said was the only way to sustain the act when enacted.
Some of the stakeholders at the public hearing included officials of the Central Bank of Nigeria (CBN), Ministry of Education, Federal Ministry of Youth Development, Federal Inland Revenue Services (FIRS), and Joint Admissions and Matriculation Board (JAMB) among others.
Student Loan Bill: Tinubu passionate about education, says minister
News
World Bank Deletes Nigeria Development Update Report Days After Release
World Bank Deletes Nigeria Development Update Report Days After Release
The World Bank has removed its latest Nigeria Development Update (NDU) report from its official website, just three days after its publication, raising concerns over the reasons behind the sudden action.
The report, titled “Nigeria’s Tomorrow Must Start Today: The Case for Early Childhood Development,” was released on April 7, 2026, but the document link is no longer accessible, returning a “page not found” error when users attempt to download it.
Despite the removal, the accompanying press statement remains available, outlining key findings on Nigeria’s economic performance and policy outlook.
In the now-withdrawn report, the World Bank said Nigeria’s economy recorded 4 percent growth in 2025, with inflation dropping significantly to 15.1 percent in February 2026 from 26.3 percent recorded in the same period a year earlier. The improvement was attributed to tighter monetary policies and better food supply conditions.
The report also highlighted that Nigeria’s macroeconomic environment has strengthened following recent stabilisation reforms, noting improvements in key indicators and steady expansion across major sectors of the economy.
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Early data for 2026, according to the report, suggested that growth momentum had been sustained, although global tensions posed a mild drag on economic activity.
A major focus of the publication was early childhood development, which the World Bank described as critical to Nigeria’s long-term growth. It stressed that stronger investment in human capital is essential for translating macroeconomic gains into job creation, poverty reduction, and improved living standards.
The report painted a worrying picture of child welfare in the country, revealing that more than 110 out of every 1,000 children die before the age of five, while many others fail to meet basic developmental milestones due to poor nutrition, limited access to healthcare, and inadequate early education.
It warned that without urgent intervention, Nigeria risks missing out on the demographic dividend expected from its young population.
In addition, the report reportedly addressed ongoing structural reforms, including exchange rate unification, fiscal adjustments, and subsidy removals, noting that while these measures have helped stabilise the economy, their full benefits will depend on sustained implementation and targeted social support for vulnerable households.
However, parts of the report—particularly policy recommendations around the downstream petroleum sector—have drawn attention. The World Bank was said to have advised that Nigeria may need to continue importing petrol (PMS) in the short term to ensure supply stability while transitioning to a fully liberalised and competitive market.
The recommendation comes amid ongoing reforms in Nigeria’s oil and gas sector and has been viewed by some analysts as sensitive, given the country’s push for domestic refining capacity.
In a subsequent clarification following reactions, the World Bank emphasised that its recommendations should be seen within the broader context of energy security, market stability, and global supply uncertainties, rather than as a fixed policy directive.
The NDU is a bi-annual flagship report that evaluates Nigeria’s economic and social developments and provides policy guidance for sustainable growth.
As of the time of filing this report, the World Bank has not issued an official explanation for the removal of the April 2026 edition, fuelling speculation that the document may be undergoing revisions or internal review.
Economists say the development highlights the sensitivity of reform-related recommendations in Nigeria’s current economic climate, particularly those touching on fuel policy and social welfare, as the country navigates a delicate recovery path.
World Bank Deletes Nigeria Development Update Report Days After Release
News
Tinubu Promises Stable Electricity as Bayelsa Unveils 60MW Power Project
Tinubu Promises Stable Electricity as Bayelsa Unveils 60MW Power Project
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to delivering stable electricity capable of driving economic growth, industrialisation, and national development, saying ongoing reforms in the power sector will soon yield tangible results.
Tinubu made the remarks in Bayelsa State during the commissioning of major infrastructure projects executed by the state government, including a 60-megawatt Independent Power Project (IPP) located at Elebele in Ogbia Local Government Area.
He described the power project as a “significant step” toward strengthening energy security and subnational electricity generation, noting that no meaningful industrialisation or job creation can happen without reliable power supply.
“There can be no industrialisation, skill development and empowerment without power. I assure Nigerians that we will have electricity to power our growth,” the President said.
The IPP, powered by gas turbines, is expected to supply electricity to Yenagoa and surrounding communities, reducing dependence on the national grid and improving power reliability for households and businesses.
Alongside the power project, Tinubu also commissioned several key infrastructure projects, including the 27-kilometre dualised New Yenagoa City Road 1, the 630-metre Angiama–Oporoma Bridge, and the Sagbama/Ekeremor Road, all aimed at improving connectivity and boosting economic activity across Bayelsa State.
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He praised the state government led by Governor Douye Diri for what he described as “purposeful and progressive leadership,” adding that collaboration between federal and state governments remains essential for sustainable development.
“Development advances further and faster when the federal and state governments work in partnership toward a shared purpose,” Tinubu said.
The President also used the occasion to observe a minute’s silence in honour of soldiers killed in a recent terrorist attack on a military base in Borno State, reaffirming his administration’s commitment to defeating terrorism and banditry across the country.
“We will continue to equip and train our armed forces. We will defeat terrorism and banditry, regardless of their shenanigans,” he assured.
Tinubu further acknowledged the economic challenges facing Nigerians, including rising living costs linked to global energy disruptions, but insisted that government interventions are being implemented to ease hardship and support vulnerable citizens.
“We will continue to find ways to ameliorate the suffering of the vulnerable. This is a government that cares,” he said.
At the event, Tinubu also commended former President Goodluck Jonathan, describing him as “one of the most humble and reliable democrats on the continent,” while praising ongoing development efforts in Bayelsa State.
Governor Diri, in his remarks, appealed for federal refunds on projects executed on federal roads by the state government and highlighted ongoing infrastructure efforts under his “Assured Prosperity” agenda, including roads, bridges, civic buildings, and sports facilities.
He described the newly commissioned Yenagoa–Oporoma–Ukubie road as a transformative project that has ended years of isolation for several riverine communities in Southern Ijaw.
The Bayelsa IPP is expected to enhance power supply stability, attract investment, support SMEs, and stimulate economic diversification in the oil-rich state.
The commissioning ceremony was attended by several top political figures, including Senate President Godswill Akpabio, governors from multiple states, senior federal officials, and traditional leaders, reflecting the national significance of the projects.
Residents reportedly thronged the project sites in celebration, cheering and dancing as the President arrived at the Bayelsa International Airport aboard the presidential jet.
Tinubu concluded by expressing optimism about Nigeria’s future, saying: “Nigeria will be great, and we will succeed.”
Tinubu Promises Stable Electricity as Bayelsa Unveils 60MW Power Project
News
US Embassy Suspends Abuja Visa Appointments Over Security Concerns
US Embassy Suspends Abuja Visa Appointments Over Security Concerns
The United States Embassy in Nigeria has suspended visa appointments in Abuja following heightened security concerns, a move that has disrupted travel plans for hundreds of applicants in Abuja.
In an official notice released via its communication channels, the embassy confirmed that all visa interviews in Abuja have been cancelled until further notice, urging affected applicants to check their emails for updates on rescheduled appointments.
“U.S. Embassy Abuja is closed for visa appointments. Applicants should check their email for details on rescheduled appointments,” the statement read. It added that visa services in Lagos remain operational at the United States Consulate General Lagos, providing an alternative for applicants who can access the facility.
The embassy further clarified that American citizen services in Abuja will continue only in emergency situations and strictly by appointment, indicating a temporary scale-down of operations in the capital.
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The suspension follows a recent directive by the United States Department of State authorising the departure of non-essential staff and their families from Abuja, citing a deteriorating security situation in Nigeria.
An updated U.S. travel advisory has also placed Nigeria under a “Level 3: Reconsider Travel” status, warning of persistent threats including terrorism, kidnapping, crime, and civil unrest. Several states have been categorised under the stricter “Level 4: Do Not Travel” advisory due to high-risk security conditions.
States listed include Borno State, Yobe State, Taraba State, Niger State, Plateau State, and parts of Adamawa State, where threats linked to terrorism and kidnapping remain high. Other states such as Kaduna State, Katsina State, Zamfara State, and Sokoto State were also flagged over insecurity concerns.
The advisory has triggered reactions from the Federal Government of Nigeria, which described the assessment as “unbalanced” and not fully reflective of ongoing efforts to address insecurity nationwide. Authorities warned that such reports could negatively impact Nigeria’s global image and economic activities.
Despite the disruption in Abuja, visa processing and consular services continue in Lagos, offering a temporary alternative for applicants. However, the development is expected to cause delays in visa processing, particularly for students, business travellers, and individuals with urgent travel needs.
The US Embassy visa suspension in Abuja highlights the broader impact of security challenges on diplomatic operations and international travel, as uncertainty remains over when normal services will resume in the capital.
US Embassy Suspends Abuja Visa Appointments Over Security Concerns
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