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Students Loan: NANS proposes five-year post-NYSC for repayment

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2 months ago

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Students Loan: NANS proposes five-year post-NYSC for repayment

The National Association of Nigerian Students (NANS) has advocated for a five-year period after the completion of the National Youth Service Corps (NYSC) for the commencement of repayment for beneficiaries of the Federal Government loan scheme.

NANS argued that expecting repayment to start just two years after NYSC is not realistic, as less than 10 percent of graduates secure employment within that time frame.

President of NANS, Lucky Emonele, made this proposal in Abuja during a public hearing on the repeal and re-enactment of the 2024 Students Loans Access to Higher Education Bill.

The hearing was organized by the Senate Committee on Education and TETFUND, as well as the House of Representatives Committee on Student Loan, Scholarship, and Higher Education Financing.

Emonele commended President Bola Tinubu for including NANS leadership as representatives on the loan board and praised the decision to repeal the Act to address potential hindrances to the success of the student loan scheme.

He stressed the need for study grants for Nigerian students and called for measures to prevent arbitrary increments in school fees by tertiary institutions, urging the National Assembly to pass a resolution prohibiting public tertiary institutions from raising fees for the next decade to ensure the sustainability of the loan scheme.

“If the Federal Government, through the Tertiary Education Trust Fund, could earmark N683bn for public tertiary institutions in 2024, without requesting for payback from beneficiary institutions, Nigerian students should not be treated any differently,” he added.

In response, Minister of Education, Prof. Tahir Mamman, lauded Tinubu’s commitment to education, stating the President’s desire for all school-age children to have access to education.

The minister stated that the public hearing would provide an opportunity to make further input to improve the bill for the good of Nigerian students.

Chairman of the committee, Senator Muntari Dandutse pointed out the importance of quality higher education, stating that initiatives like the student loan scheme would lead to a brighter future for youths and the nation as a whole.

“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,” Dandutse stated.

Senate President, Godswill Akpabio, represented by the Deputy Senate President, Jibrin Barau, earlier expressed optimism that the legislative agenda of the 10th National Assembly would significantly improve the standard of living for Nigerians.

He commended Tinubu for his support for Nigerian students through the loan scheme, noting its potential to enhance access to education and economic development.

Students Loan: NANS proposes five-year post-NYSC for repayment

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TETFUND funds 40,000 PhD researches, others, 5,525 infrastructural projects across institutions

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4 hours ago

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May 11, 2024

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Arch. Sonny Echono, the Executive Secretary of Tertiary Education Trust Fund (TETFund)

TETFUND funds 40,000 PhD researches, others, 5,525 infrastructural projects across institutions

Arch. Sonny Echono, the Executive Secretary of Tertiary Education Trust Fund (TETFund), revealed that the organization has spearheaded the funding of over 5,525 physical infrastructural projects and facilitated the establishment of over 576 faculty and departmental libraries across tertiary institutions nationwide.

Speaking at the 26th seminar of the Nigerian Academy of Education in Abuja, Echono highlighted TETFund’s commitment to advancing tertiary education in Nigeria through strategic investments.

He noted that the Fund has also provided grants for 19,297 Institution-Based Research (IBR) projects and supported 912 research projects under the National Research Fund (NRF). These initiatives aim to foster impactful research that contributes to national development and addresses global challenges.

Echono emphasized TETFund’s significant contributions to enhancing academic resources, including procuring 3,099,871 library books and sponsoring 845 Academic Research Journals projects. Additionally, the Fund has facilitated the development of 2,307 Academic Manuscripts into Books.

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Regarding capacity building, TETFund has sponsored 23,271 academic staff for PhD programs, with 4,598 attending foreign institutions and 18,673 studying within Nigeria. Similarly, 15,977 academic staff were sponsored for master’s degree programs, with 3,525 pursuing studies abroad and 12,452 within the country. Moreover, 911 scholars were sponsored for Benchwork in foreign institutions, and 872 academic staff for Post-Doctoral programs to strengthen scientific research capacity in Nigeria.

Echono underscored the positive impact of government interventions in tertiary institutions, culminating in Nigeria being recognized as one of the six most improved countries in the Time Higher Education Rankings between 2021 and 2022.

TETFund continues to play a pivotal role in driving infrastructural development, research excellence, and capacity building within Nigerian tertiary institutions, contributing significantly to the advancement of education in the country.

TETFUND funds 40,000 PhD researches, others, 5,525 infrastructural projects across institutions

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UNICROSS workers jubilate over sack of vice chancellor

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3 days ago

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May 8, 2024

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UNICROSS

UNICROSS workers jubilate over sack of vice chancellor

The staff of University of Cross River State, Unicross, on Wednesday trooped out to jubilate the sack of the Vice Chancellor of the University, Professor Augustine Amgba

The workers under the auspices of three unions: Academic Staff Union of Universities, Senior Staff Association of Nigerian Universities ,SSANU, and Non Academic Staff Union of Educational and Associated Institutions, NASU, were jubilant that the Professor Amgba was suspended by the Governing Council of the University.

The spokesman for the Joint Action Committee, JAC, the umbrella body for the workers in the University, James Igrison said the workers are grateful to the governor of the state, Senator Bassey Otu for backing the sacking Vice Chancellor by the Governing Board of the school

“We appreciate the decision of the governor of Cross River State, Senator Bassey Otu for hearkening to the cry of workers of Cross River State University who have been wallowing in pain following five months of working without salaries and allowances”.

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He said some months ago, the workers had to demonstrate against the Vice Chancellor for owing them salaries for many month but he remained adamant.

In the current economic situation in the country ,it is utter callouses to owe workers for five months and some of them earn less than a hundred thousand naira and subjecting them to ejection by landlords and embarrassment from money lenders”.

He said the workers locked the gate to the school for many days in protest but the “Vice Chancellor who was in Europe at the time of their action when he returned did not as much as address the workers which showed that he was less concerned about the welfare of workers in the University “

Professor Amgba was suspended by the Governing Council on Monday and directed to hand over to the Vice Chancellor Academics, Professor Stephen Oshang of the Facility of Agriculture.

The State Government is yet to react to the suspension of the Vice Chancellor.

UNICROSS workers jubilate over sack of vice chancellor

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JAMB releases more results, says no one obtained scores without writing UTME

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4 days ago

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May 7, 2024

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JAMB releases more results, says no one obtained scores without writing UTME

The Joint Admissions and Matriculation Board, (JAMB), has announced release of additional 531 results of candidates who sat in the 2024 Unified Tertiary Matriculation Examination, (UTME).

The released results were among the over 64,000 results JAMB had withheld over suspected examination infractions.

This development has taken the total number of results released so far to 1,842,897.

The board, in a statement, Tuesday, by its spokesman, Fabian Benjamin, said it was
looking at cases of unverified candidates and would soon come up with a position.

The statement reads in full, “As promised, the Board is proceeding with the screening of over 64,000 withheld results. It has, however, released additional 531 results taking the total number of results released to 1,842,897. In the course of the exercise, other cases of examination misconduct were also established to make a tally of 92 from the 81 initially discovered.

“The Board is also looking at cases of unverified candidates and would soon come up with a position.

“Similarly, the attention of the Joint Admissions and Matriculation Board(JAMB) has been drawn to some fallacious publications purporting that an unknown candidate, who did not sit the Board’s 2024 UTME, obtained scores.

“This is fake, malicious and a calculated attempt to undermine the integrity of the Board. The public is urged to disregard such irresponsible publications.

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“To underscore the fact that the publication is crafted by mischief makers to paint the Board in bad light, the publication, which levels such a grevious allegation, has no details of the candidate for proper verification.

“The Board is not surprised as this is the season of mischief makers, who would want to deceive gullible candidates. The examination template of the Board is designed with the highest sense of responsibility and is not an allocation platform where scores are doled out to candidates.

“It is most unfortunate that anybody could even believe such narration or that the story could even gain traction given the Board’s integrity.

“This again has gone to further vindicate the Board’s stance that candidates should desist from disclosing their classified details to third-parties.

“In investigating some of these allegations, the Board discovered that some of these mischief makers copy results sent to other candidates, edit the details sent to themselves and then parade this as emanating from the Board.

“The Board challenges any candidate, parent or anybody with such a claim or information to prove it wrong by coming forward with the details of such claims and the phone number with which such results were conveyed.

“The attitude of these mischief makers would only propel the Board to further tighten the process of checking its results to make it more personalized and sure would be stringent when it should actually be a simple and straightforward exercise.

“The Board reiterated that neither its results nor any of its processes have been compromised. Hence, it will continue to protect the integrity of its systems against such malicious actors, who are hell-bent on creating confusion where none existed.

“Consequently, the Board is primed to adding more features like registration number to the existing UTME Result checking process going forward to make it extra difficult for anybody to edit.

“Candidates are, therefore, urged to securely keep their details secure for if they are found associating with any of these mischievous elements, they would be treated as collaborators.

“For now, the method of checking the 2024 UTME remains sending UTMERESULT to 55019 or 66019 and not through any other process. The result, at the moment, is not on the Board’s website.”

JAMB releases more results, says no one obtained scores without writing UTME

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