BREAKING: Only applicants from federal institutions can access student loans – FG – Newstrends
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BREAKING: Only applicants from federal institutions can access student loans – FG

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BREAKING: Only applicants from federal institutions can access student loans – FG

Managing Director of Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has revealed that a maximum of 1.2 million students across federal tertiary institutions will access the students’ loans in its opening phase.

Speaking ahead of the portal’s formal launch for applications on Friday, he stated that students enrolled in federal tertiary institutions whose institutions have finished uploading their data would be able to apply in the first phase.

Sawyerr stated that potential candidates can start the application process as early as May 24, but stressed that the loan application process has been simplified to provide simple access for all qualified students in federal tertiary institutions.

According to Sawyerr, the program is an essential part of President Bola Tinubu’s administration’s Renewed Hope Agenda.

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Its purpose is to give needy students financial support (obligatory fees and stipends) so they can pursue their academic objectives without worrying about the financial burden.

He also added that the Fund will pay 100 percent of institutional fees directly to the institutions of learning account while also providing stipends to the students monthly based on when school is in session.

He stressed the importance of some of the key features of the student loan including, No physical contact between the loan applicant and NELFUND, a user-friendly Loan Application portal, comprehensive support where applicants can access online support to assist and flexible repayment plans.

He said: “We encourage all students in federal institutions to take advantage of this opportunity to secure the required financial assistance for their education. Applicants must submit their applications as early as possible to ensure timely processing.”

BREAKING: Only applicants from federal institutions can access student loans – FG

Education

SSANU set to shut down varsities tomorrow over four-month salary arrears

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SSANU set to shut down varsities tomorrow over four-month salary arrears

The Senior Staff Association of Nigerian Universities (SSANU) may shut down all public universities tomorrow over the non-payment of their  withheld four-month salaries by the government.

The Joint Action Committee comprising SSANU and the Non-Academic Staff Union of educational and associated institutions (NASU) had earlier issued a two-week ultimatum to the Federal Government to pay its members the withheld salaries or face an industrial action.

The ultimatum will expire at the end of today (July 3)

Of the four university-based unions that embarked on a prolonged strike in 2022, the Federal Government has paid the Academic Staff Union of Universities, ASUU, leaving behind the three other unions.

But SSANU in a communique after its 48th National Executive Council meeting held in University of Benin, Edo State, last weekend, threatened to withdraw its services at the end of the two-week ultimatum, if the government failed to pay the four months withheld salaries.

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The JAC of SSANU and NASU is expected to meet to review the government response to the ultimatum and take a common position on withdrawing their services.

SSANU, in the communique signed by its President, Comrade Mohammed Ibrahim, expressed dismay over what it described as the unprecedented level of government’s insensitivity and deliberate resolve to cause chaos in the university by adopting a divide and rule policy.

The communique read,  “NEC in session once again expresses utmost dismay at the unprecedented level of Government’s insensitivity and deliberate resolve to cause chaos in the university  system by adopting the divide and rule policy to set unions on a collision course through preferential treatment of one union over others.

“Recall that SSANU and other unions were compelled by government to embark on strike in 2022 over the refusal to honour a Collective Bargaining Agreement willingly signed by all parties.

“At the end of the strike, the then (Muhammadu) Buhari government further signed an elaborate agreement among which was the non victimization clause. However, government made a selective payment of the withheld salaries.”

SSANU set to shut down varsities tomorrow over four-month salary arrears

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FG fixes date to inaugurate governing councils of tertiary institutions

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President Bola Ahmed Tinubu

FG fixes date to inaugurate governing councils of tertiary institutions

The Federal Government has scheduled the inauguration of Governing Councils for Federal universities, polytechnics, and other tertiary institutions for July 4, 2024.

This announcement follows concerns raised by the Academic Staff Union of Universities (ASUU) over the composition of the newly formed councils, which ASUU President Prof Emmanuel Osodeke criticized for being predominantly comprised of retired politicians rather than academic experts or professionals in relevant fields.

The reconstitution of these councils and boards, approved by President Bola Tinubu, aims to enhance the management of Nigeria’s tertiary institutions. Acting Vice Chancellor of the University of Abuja, Prof. Aisha Maikudi, disclosed the inauguration date during her recent address assuming office.

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A total of 560 individuals have been appointed to these governing bodies across Federal Government-owned tertiary institutions. Notable appointments include Chief Bisi Akande as Chairman of the University of Ibadan’s council, Chief Wole Olanipekun (SAN) at the University of Lagos, Isa Yuguda at the National Open University, and Siyan Oyeweso at Obafemi Awolowo University.

Additionally, Adebayo Shittu, Muiz Banire, and Senator Florence Ita Giwa were appointed chairpersons of governing boards for specific institutions like David Umahi University of Medicine, Federal University of Transportation in Katsina, and Federal Polytechnic in Ugep, Cross River State, respectively.

FG fixes date to inaugurate governing councils of tertiary  institutions

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ASUU of ABSU gives Abia govt two-week strike notice

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ASUU of ABSU gives Abia govt two-week strike notice

The Academic Staff Union of Universities (ASUU), Abia State University (ABSU) branch has given the Abia State Government a two-week ultimatum to address its demands for improved welfare among others.

It threatened to shut down academic activities if its demands were not met.

During a press conference at Abia State University, Uturu, on Friday, Mrs. Happiness Uduk, ASUU’s Zonal Coordinator for the Calabar Zone, stressed the urgency of these demands.

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Uduk highlighted the government’s failure to fulfill commitments under the 2009 FG-ASUU agreement, which has led to stagnant salary scales and minimal welfare improvements over the past 15 years.

“ASUU members have been on the same salary scale for 15 years without any change. We urge the government to complete the negotiations initiated over 13 years ago, considering current economic realities such as inflation and exchange rates,” Uduk stated.

ASUU of ABSU gives Abia govt two-week strike notice

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