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BREAKING: Tinubu launches student loan scheme

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BREAKING: Tinubu launches student loan scheme

President Bola Tinubu has launched the Nigeria Education Loan Fund (NELFUND), emphasising the importance of education as a vital tool in combating poverty and achieving national development.

Speaking at the official launch of the NELFUND and ceremonial disbursement of funds at the State House in Abuja on Wednesday, July 17, President Tinubu stressed that education is the greatest weapon against poverty, providing vision, development, and hope.

He noted that without education, conquering insecurity and achieving success is impossible, emphasizing that education provides the light at the end of the tunnel, no matter how slow the progress may seem.

Addressing the Board, members, and the management of the Fund present at the launch ceremony, President Tinubu reaffirmed the commitment of his administration to the Renewed Hope Agenda saying democracy is all about inclusiveness.

President Tinubu added that the target of his administration is to build a fair society that is built on successful inclusiveness.

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“What I believe is that education is the greatest weapon against poverty in any society, without education there is no vision, there is development, and you cannot successfully conquer insecurity.

“Education is that light at the end of the tunnel no matter how sluggish you move, it will give you the light and the hope”.

The President further noted that Nigeria will continue to invest in education to empower the citizens and deploy it as a tool against terrorism, banditry and insecurity.

“We are investing, we don’t want to try ignorance as an alternative, we want education from foundations to the topmost level and I am glad that leadership and its leadership accepted the responsibility.

“There is available here the hope and the genuine commitment, inclusiveness is what democracy is all about.

“Today I am fulfilling one of my greatest campaign agenda, you cannot find your way if you are not well educated, you cannot even fight terrorism and banditry.

“If we have successful inclusive and loan that is necessary for our people to get educated and invest in their own lives we would have built a fair society and a promise that we will earn a banner without stain to our children.

The President also symbolically presented loan cheques to students from each geo-political zone, indicating the beginning of the disbursement of the fund to qualified Nigerian students.

President Tinubu also presented cheques to Vice Chancellors of Bayero University, Kano (BUK), Federal University of Technology, Owerri (FUTO), amongst other institutions present.

Disclosing the NELFUND portal’s key metrics from 25th May till date, the Executive Secretary of the NELFUND, Akintunde Sawyerr, said a total number of 164,000 students registered for the loan with a total number of 103,000 of them applied.

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Sawyerr revealed that a total sum of N32 billion is currently available for disbursement to kick-start the program.

He said NELFUND aims to empower Nigerian youth by providing fair transparent funding and removing financial barriers to educational opportunities and academic pursuits.

Reeling out NELFUND’s progress since the launch, Sawyerr said the Fund got key amendments of the loan act on 3rd April 2024, secured dashboard metrics on May 25th May till date as well as the Prssidial disbursement of funds on 17th July 2024.

Sawyer explained that students apply for two types of loan, one is educational fees which are sent directly to institutions and the other is the student application for upkeep loan, which is the loan that covers a monthly stipend

“Institutions collected cheques for multiple applications also students cannot get stipend unless the fees are been picked by NELFUND”

Recall that the Student Loans (Access to Higher Education) Action, signed into law on 3rd April 2024, is a transformative initiative empowering countless Nigerian students to pursue their educational aspirations.

Present at the launch were the President of the Senate, Godswill Akpabio, Speaker of the House of Representatives, Tajudeen Abbas, Chairman NELFUND Board, Jim Ovia, Minister of Finance, Wale Edun, Minister of Budget& Economic Planning, Abubakar Bagudu, Minister of Education, Mamman Tahiru, Minister of Youths, Jamila Bio Ibrahim, FIRS Chairman, Zach Adedeji, CBN Governor,  Olayemi Cardoso.

Others are, Jamb Registrar, Prof Isiaq Oloyede; Acting Executive Secretary of National Universities Commission (NUC), Chris Mayaiki, amongst many others.

BREAKING: Tinubu launches student loan scheme

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FG Allocates ₦5.6bn for New Carter Bridge as Old Structure Fails Safety Test

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Carter Bridge in Lagos

FG Allocates ₦5.6bn for New Carter Bridge as Old Structure Fails Safety Test

The Federal Executive Council (FEC) has approved the demolition and complete reconstruction of Carter Bridge in Lagos, declaring the ageing structure beyond rehabilitation. The decision aims to ensure road safety, reduce congestion, and modernize one of Nigeria’s most critical transport arteries.

Minister of Works, David Umahi, disclosed after the council meeting chaired by President Bola Tinubu that ₦5.6 billion has been allocated to hire advanced engineering consultants for the design and cost assessment of the new bridge. Umahi explained that extensive technical assessments and consultations revealed that the current bridge could no longer safely serve traffic.

“The total recommendation was that Carter Bridge can no longer be rehabilitated; it should be demolished and a new bridge constructed,” Umahi said.

Carter Bridge connects Lagos Island to the mainland and is a vital corridor for commuters, cargo vehicles, and commercial traffic. Its reconstruction is expected to ease traffic congestion, improve transportation safety, and support economic activity in Nigeria’s largest commercial hub.

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Part of a Nationwide Infrastructure Upgrade

The Carter Bridge project forms part of a broader federal infrastructure program. FEC also approved several major road projects across the country, including:

  • Reconstruction of the Ibadan–Ife–Ilesa Road in the Southwest
  • Redesign of the Kano–Kongolam Road in Northern Nigeria
  • Rehabilitation of the Keffi–Nasarawa–Abaji Road in the North-Central region
  • Completion of the Suleja–Minna Road
  • Reconstruction of the Abuja–Lokoja Road

Umahi emphasized that these are strategic, long-term infrastructure projects, not temporary fixes, and the government aims to deliver at least four completed projects per region for presidential commissioning by May 15.

“These are not palliative works; they are major infrastructure projects for national development,” the minister added.

Modernization and Economic Impact

The new Carter Bridge will incorporate contemporary engineering standards, enhanced durability, and increased capacity for vehicles and pedestrians. Officials say the project will also attract private sector participation, create skilled jobs, and strengthen Lagos’ transport network.

By replacing the ageing structure, the federal government intends to ensure that major transport routes across Nigeria meet modern safety and operational standards, while supporting economic growth and improving daily mobility for millions of Lagos residents.

FG Allocates ₦5.6bn for New Carter Bridge as Old Structure Fails Safety Test

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ICPC, NRC Forge Anti-Graft Alliance to Safeguard Rail Assets

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ICPC, NRC Forge Anti-Graft Alliance to Safeguard Rail Assets

 

The Independent Corrupt Practices and Other Related Offences Commission has pledged closer collaboration with the Nigerian Railway Corporation to strengthen transparency and accountability in the country’s rail sector.

The Resident Anti-Corruption Commissioner (RAAC), Lagos Office, Mr. Alexander Chukwumah, gave the assurance during a courtesy visit to the NRC Managing Director, Dr. Kayode Opeifa, at the corporation’s headquarters.

Chukwumah said the commission was prepared to support the NRC through targeted training programmes aimed at equipping staff with the knowledge to identify and avoid actions that could expose them to corruption-related offences.

He explained that the initiative aligns with the ICPC’s public education mandate to promote integrity across public institutions.

He urged the management of the corporation to work closely with its Anti-Corruption and Transparency Unit, noting that members of the unit had been trained to detect early warning signs and red flags capable of preventing minor lapses from escalating into major institutional crises.

According to him, the visit was also to reinforce the cordial relationship between both agencies and reciprocate the goodwill earlier extended by the railway corporation.

“ICPC is committed to ensuring that NRC workers stay out of trouble. There are ways we can guide you and your team to avoid actions that could expose them to corruption risks,” Chukwumah said.

In his response, Opeifa welcomed the partnership and expressed readiness to deepen collaboration with the anti-graft agency to entrench transparency within the corporation.

The NRC boss observed that the railway system could have achieved greater milestones over the years but for corruption-related setbacks that slowed its growth.

He requested the commission to organise a capacity-building programme for heads of departments and senior management staff to sharpen their understanding of compliance standards and ethical decision-making.

Opeifa identified vandalism of railway infrastructure as a major operational challenge, stressing that the destruction of critical assets continues to strain service delivery.

As part of efforts to curb the menace, he presented anti-vandalism sweatshirts to the ICPC delegation bearing the inscription: “Rails and railway assets are critical national treasures and not scraps.”

He maintained that the corporation operates a strict disciplinary regime, warning that any staff found culpable of collusion or sabotage faces immediate dismissal.

He also commended NRC engineers and other personnel for sustaining operations despite logistical and infrastructural challenges.

On the corporation’s long-term direction, Opeifa reiterated the NRC’s Vision 2-5-10-20 development framework aimed at modernising and expanding the rail network.

He said the first phase prioritises optimising legacy lines and reviving abandoned corridors that once served as economic lifelines, including the Kaduna–Nguru–Kaura Namoda route, with plans to restore services to Zamfara State within the year.

He added that the corporation is advancing a freight-by-rail drive under its “Railing with the States” initiative to enable sub-national governments leverage rail infrastructure for economic growth and enhance connectivity to the nation’s seaports.

Opeifa further disclosed that the NRC plans to gradually transition from diesel-powered locomotives to cleaner energy sources such as gas within the next five years, subject to funding, while working towards doubling Nigeria’s rail assets by 2035.

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Tinubu swears in Disu as substantive IGP, chief inaugurates up state police committee

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Tinubu swears in Disu as substantive IGP, chief inaugurates up state police committee

 

President Bola Tinubu on Wednesday swore in Olatunji Disu as the substantive Inspector-General of Police at the Council Chambers of the State House, Abuja, as the new police chief immediately inaugurated a committee to drive the implementation of state policing.

Disu took the oath of office at 2:53pm after his citation was read by the State House Director of Information and Public Relations, Mr Abiodun Oladunjoye.

The brief ceremony, witnessed by Vice President Kashim Shettima, members of the Federal Executive Council and other top government officials, preceded the FEC meeting, which commenced at 3:01pm.

Among dignitaries present were the Secretary to the Government of the Federation, George Akume; National Security Adviser, Nuhu Ribadu; Chief of Staff to the President, Femi Gbajabiamila; Minister of Police Affairs, Ibrahim Gaidam; FCT Minister, Nyesom Wike; and Head of Service, Mrs Esther Walson-Jack.

The President also swore in newly appointed commissioners of the Revenue Mobilisation Allocation and Fiscal Commission and the Federal Civil Service Commission.

Disu’s confirmation followed his unanimous endorsement by the Nigeria Police Council on Monday, barely a week after Tinubu appointed him acting IGP in the wake of the resignation of his predecessor, Kayode Egbetokun, on February 23, 2026.

At Monday’s Police Council meeting, Lagos State Governor, Babajide Sanwo-Olu, reportedly commended Disu’s track record, particularly his tenure as Commander of the Rapid Response Squad in Lagos between 2015 and 2021.

Nasarawa State Governor, Abdullahi Sule, also described the appointment as merit-based, while Enugu State Governor, Peter Mbah, seconded the motion endorsing him.

Disu, 59, joined the Nigeria Police Force as a Cadet Assistant Superintendent of Police on May 18, 1992. Before his elevation, he served as Assistant Inspector-General of Police in charge of the Special Protection Unit and the Force Criminal Investigation Department Annex in Lagos. He previously held key roles in Lagos and Rivers states.

 

Hours after his inauguration, the new IGP held his first formal engagement with senior officers, during which he announced the constitution of an eight-member committee to oversee the implementation of state policing.

Professor Olu Ogunsakin was named chairman of the committee.

Addressing the force hierarchy, Disu said leadership was “not about position but responsibility,” stressing that professionalism, discipline and accountability must guide policing nationwide.

He underscored the need for restraint in the exercise of authority and respect for human rights, insisting that all Nigerians must be treated with dignity and fairness irrespective of status.

The IGP also pledged to strengthen internal oversight mechanisms, directing that the Public Complaint Unit and the X-Squad be empowered to operate independently.

On decentralisation, Disu said state policing would enable different tiers of government to play more active roles in addressing security challenges across the country.

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