President Tinubu directs expansion of student loan programme – Newstrends
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President Tinubu directs expansion of student loan programme

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President Bola Ahmed Tinubu

President Tinubu directs expansion of student loan programme

President Bola Tinubu has directed an expansion of the focus of the Nigeria Education Loan Fund (NELFUND) to include students interested in skill-development programmes.

Tinubu gave the directive to the management of the Fund after receiving briefing on the build-up to the launch of the programme later in the month from the Executive Secretary of NELFUND, Dr Akintunde Sawyerr, at the State House, Abuja.

According to a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, the President said it was important for the scheme to accommodate those who may not want to pursue university education, noting that skill acquisition is as important as obtaining undergraduate and graduate academic qualifications.

“This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas. This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.

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“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,” he said.

Tinubu emphasised the need for equity and inclusivity in the management of the programme, stating: “No matter how economically challenged you are, accredited and qualified students will and must have access to this loan to advance their education in higher institutions. There is no compromise in our commitment to the disadvantaged citizens of this nation.”

In his presentation to the President, Sawyerr said the loan application process will be technology-driven, limiting human interface and “eliminating any possibility of maladministration in the programme.”

“By design, this is a perpetual programme and will not terminate. The funds, earmarked for bona-fide Nigerian students, will be disbursed directly to the institutions in the initial phase through electronic transfer. Our students will be catered to in a way that bypasses human interference through the full utilization of available technological platforms, in adherence to Your Excellency’s stated objectives,” he said.

He also said NELFUND has developed a robust risk-mitigation mechanism to address potential risks that may arise from the programme.

President Tinubu directs expansion of student loan programme

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NSCDC commandant convicted for employment scam as EFCC probes N7.5bn fraud allegations

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NSCDC commandant convicted for employment scam as EFCC probes N7.5bn fraud allegations

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has successfully prosecuted Mr. Christopher Oluchukwu, a commandant within the Nigeria Security and Civil Defence Corps (NSCDC), for his involvement in an employment scam, according to a statement by the anti-graft agency’s spokesperson, Demola Bakare, on Thursday.

Oluchukwu was convicted by the Katsina State High Court 3 after being accused of receiving significant sums from individuals under the pretence of securing jobs for their children within the NSCDC. Despite failing to fulfil his promises, he refused to refund the money to the victims.

The court found Oluchukwu guilty on all nine counts and sentenced him to five years imprisonment without the option of a fine. The sentences were ordered to run concurrently, and the judge directed that Oluchukwu’s sureties be arrested and detained for further investigation, as he had jumped bail.

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Meanwhile, the Economic and Financial Crimes Commission (EFCC) has launched a probe into allegations of a N7.5 billion fraud involving ten senior officers of the NSCDC, including Commandant General Ahmed Audi. The EFCC Chairman, Ola Olukoyede, wrote to Audi, inviting the officers for questioning, with the investigation scheduled to commence from May 2, 2024.

The fraud, allegedly involving several contractors and money laundering through Bureau de Change operators, is under investigation by the EFCC.

This development underscores the ongoing efforts to combat corruption within government agencies and ensure accountability and transparency in Nigeria’s public service sector.

NSCDC commandant convicted for employment scam as EFCC probes N7.5bn fraud allegations

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Tinubu gives new appointment to Minister of State for Petroleum

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Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo

Tinubu gives new appointment to Minister of State for Petroleum

President Bola Tinubu has appointed Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, as the co-chairman of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB).

This is contained in a terse statement signed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Thursday.

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It reads: “In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the country, President Bola Tinubu has approved the appointment of Mr. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB).

This is also to further ensure effective oversight of the gas aspect of the nation’s assets.

The President remains committed to unlocking Nigeria’s immense gas potential to stimulate industrial development, job creation, and sustainable economic growth.”

Tinubu gives new appointment to Minister of State for Petroleum

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Senate okays death penalty for drug traffickers

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Senate okays death penalty for drug traffickers

The Senate on Thursday passed a bill that upgraded the maximum sentence of life imprisonment to the death penalty for drug traffickers in the country amidst controversy over the voice votes.

The death sentence as a penalty for drug traffickers passed through the third reading, the 2024 NDLEA Act (Amendment) Bill.

The proposal was adopted when the Senate dissolved into a committee of the whole for clause-by-clause consideration of a report of the Chairman of the Committees on Judiciary, Human Rights & Legal Matters and Drugs & Narcotics National Drug Law Enforcement Agency (NDLEA) Act (Amendment) Bill, 2024, Senator Tahir Munguno.

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In a review of the penalty provisions of the amendment bill towards strengthening the operations of the agency, a proposed amendment to award a death sentence to drug traffickers rather than just a life sentence was raised by the Senate Chief Whip and Sen. Peter Nwebonyi Under clause 11.

When the matter was put to a voice vote, it appeared the nays had it. However, when the question was put on a second vote, the Deputy Senate President ruled in favor of the i’s. A slight uproar ensued as some lawmakers were displeased.

Senator Adams Oshiomhole expressed his displeasure over what he considered a hasty consideration and passage of the amended clause.

The Deputy Senate President rejected an objection by Senator Oshiomhole to reverse the ruling, insisting that it came late which is against the rules.

Senate okays death penalty for drug traffickers

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