Student loan: NELFUND to publish institutions list with complete data June 24 – Newstrends
Connect with us

News

Student loan: NELFUND to publish institutions list with complete data June 24

Published

on

Managing Director of NELFUND, Akintunde Sawyerr

Student loan: NELFUND to publish institutions list with complete data June 24

The management of the Nigerian Education Loan Fund (NELFUND) has announced plans to publish the full list of institutions that have submitted their complete student data on June 24, 2024.

This data will be uploaded onto the NELFUND Student Verification System (SVS) portal, as revealed by Nasir Ayitogo, Head of Media and Public Relations at NELFUND, in a statement on Thursday in Abuja.

The forthcoming list will include both Federal and State-owned institutions, aimed at ensuring transparency and encouraging due access and participation in the scheme by undergraduate applicants and tertiary institutions.

Ayitogo commended many federal institutions for already completing the exercise in the first phase, while the process of uploading data for state-owned institutions is currently ongoing.

READ ALSO:

Part of the statement read: “In order for applicants to be able to access the fund, the individual’s details must feature in the institution’s submitted data set sent to the NELFUND SVS, where automatic applicant verification can then occur seamlessly.

“Failure to have this verification would invalidate the application process and disadvantage applicants.

“It is therefore critical that the information provided by the tertiary institutions is not only complete but also accurate.

“The correlation or matching of JAMB numbers, Matriculation numbers and Admission numbers as well as applicants’ full names and dates of birth, will support the evaluation process.

“Applicants are urged to enter their data into the portal accurately when applying and to ensure that their email addresses are entered without error.

“NELFUND has expressed its delight in the cooperation it has received from the tertiary institutions, at both state and federal level across the nation,” it stated.

Student loan: NELFUND to publish institutions list with complete data June 24

News

NASS members victimising me for not signing dubious loan – Minister

Published

on

Minister for Women Affairs, Uju Kennedy-Ohanenye

NASS members victimising me for not signing dubious loan – Minister

Embattled Minister of Women Affairs, Uju Kennedy-Ohanenye, claims she is being targeted by government cabals for refusing to sign a $500 million World Bank loan request.

In a phone interview with THISDAY, Kennedy-Ohanenye asserted that her refusal to sign the loan, which included an earlier $100 million case, has led to significant pressure and threats against her.

Kennedy-Ohanenye revealed that World Bank staff in Nigeria allegedly take back 40 percent of such loans as consultation fees. She stated, “All the loans they collect, including World Bank loans, are you aware that the same World Bank staff in Nigeria takes back 40 percent and calls it consultation fees? These are things you people should look into. You people should focus on where the problem is and let them leave me alone.”

READ ALSO:

She emphasized that her life is now at risk due to her stance on the loan, mentioning the potential personal financial gain she turned down. “If I sign that loan today, I am entitled to five percent of the money, but I refused to sign it. It is part of why the National Assembly and all of them are after me.”

The minister highlighted the alleged misuse of the loan, suggesting the funds could be better utilized directly to support women rather than on consultations. She questioned the necessity of spending $100 million on teaching women how to save money, arguing for a more direct allocation to the women in need.

This controversy follows a tense interaction on July 10, 2024, between Kennedy-Ohanenye and the House of Representatives Committee on Women Affairs and Social Development over the alleged diversion of N1.5 billion meant for contractor payments.

NASS members victimising me for not signing dubious loan – Minister

(DailyTrust)

Continue Reading

News

Reps probe missing crude, contaminated fuel

Published

on

Reps probe missing crude, contaminated fuel

The Joint Committee of the House of Representatives, which is conducting a forensic inquiry into the difficulties facing the downstream and midstream petroleum industries, has begun looking into claims of the importation of contaminated Premium Motor Spirit, popularly known as fuel, into the country. 

The committee’s chairman, Ikenga Ugochinyere, announced this at the panel’s formal inauguration in Abuja on Monday.

The investigation team will also examine reports of crude oil theft at local refineries, distribution disruptions, and favouritism in the pro forma invoice regime, among other issues.

Briefing reporters at the event, Ugochinyere said, “The committee will conduct a legislative forensic investigation into the presence of middlemen in crude trading, the indiscriminate issuance of licenses, and the alleged unavailability of international standard laboratories to check adulterated products.”

READ ALSO:

He mentioned that the panel would also probe the possible influx of contaminated products into the country and “the allegation of non-domestication of profits realised from crude marketing sales in local banks, abuse of the PFI regime, and importation of products already being produced in Nigeria.”

Meanwhile, the panel plans to visit petrol stations around the country to collect samples of their products for laboratory testing to ensure their purity.

The mandate of the joint committee follows the approval of a motion on July 9, 2024, on the “urgent need to carry out a legislative forensic investigation into the challenges affecting the downstream and midstream petroleum sectors in Nigeria and other related matters to find out a lasting solution to all challenges” affecting the petroleum industry.

Reps probe missing crude, contaminated fuel

Continue Reading

News

Hardship: FCT police begs residents not to join protest

Published

on

FCT Police Commissioner, Benneth Igweh

Hardship: FCT police begs residents not to join protest

As the date for proposed protest against economic hardship in the country by unnamed groups draw near, the Commissioner of Police, FCT, CP Benneth Igweh has appealed to residents of Abuja not to join the protest so as to prevent the destruction of new infrastructure recently put in place by the FCT administration and President Bola Tinubu.

This is just as the CP paraded the mastermind of the armed robbery gang that killed retired Brigadier General Uwen Harold Udokwerre in Abuja on June 22, 2024

Speaking on the proposed strike, Igweh said, “Lions do not destroy their den. We have toiled so much to ensure and provide security for the FCT. In the cause of this, we have gone to Kaduna, we have gone to Kogi, we have gone to Nasarawa to fish our criminals who came to disturb the peace of Abuja.

“In this process, we have lost officers. Last week we lost two officers, the previous week, we lost one officer over efforts at providing security and safeguarding residents. We dont want to lose any more person.

READ ALSO:

“So please dont allow the destruction of what the minister, what Mr President is doing. We have been in this FCT, we know when there is changes, roads, infrastructure. I am pleading with residents, do not join this protest

“We don’t want miscreants to come from outside the FCT to come and start destroying them. We will go back to square one where we were before. I plead, I beg of you, do not join this protest.

“Let us continue collectively to make FCT safe. Let them go and do what they want to do. But not with us. Act maturely. Act maturely. Act like people who appreciate. Even the loss we have been losing to ensure your safety. Use it to appreciate us. If you give it to us, we will be very happy. We will continue to provide security for you.

On the arrest in the mastermind, CP Igweh said, “Last time, I did show you the four killers, kidnappers, and robbers that went and killed Brigadier General Uwem Harold Udokwerre retired. Today, I will show you the organizer of the killing and the robbery.

“We have also recovered the general’s gun that was with him. We have recovered the wristwatch of the general and the wife’s jewelry which they all robbed from the general’s house.

“The organizer is here and we have arrested him. He is Alhaji Ashiru. He has had been arrested before for crime and jailed in prison and escaped during the jail break.

Hardship: FCT police begs residents not to join protest

Continue Reading

Trending