News
Tinubu Meets Jim Ovia, NELFUND CEO at Aso Rock as Student Loans Hit ₦303bn
Tinubu Meets Jim Ovia, NELFUND CEO at Aso Rock as Student Loans Hit ₦303bn
President Bola Ahmed Tinubu on Tuesday held a closed-door meeting with the founder of Zenith Bank, Jim Ovia, and the Managing Director/Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND) , Akintunde Sawyerr, at the Presidential Villa, Abuja. The purpose of the meeting was not officially disclosed as of the time of filing this report. Ovia and Sawyerr arrived at the State House at about 5:15 p.m. on Tuesday. Ovia was dressed in a black suit with a red tie as both officials proceeded into the Presidential Villa for the meeting. Their arrival came amid the continued expansion of the Federal Government’s student loan programme, which has become one of the administration’s flagship social intervention initiatives. Tinubu had appointed Ovia as Chairman of the NELFUND Board on April 26, 2024, shortly after signing the Access to Higher Education Act (Repeal and Re-Enactment) Act into law, which established Nigeria’s interest-free student loan scheme. Sawyerr was appointed the pioneer Managing Director and Chief Executive Officer of the fund on April 5, 2024, and has overseen the implementation of the initiative since its launch.
The meeting comes as NELFUND continues to record significant growth in its disbursements. According to the fund, total loan disbursements have exceeded ₦303.9 billion to 1,635,676 beneficiaries from 1,800,489 applications as of July 4, 2026. The fund has disbursed to over 315 institutions nationwide, covering both institutional fees and upkeep allowances for students. Between May 5 and July 3, 2026, an additional N21.71 billion was disbursed to beneficiaries, lifting total payments under the programme to N303.91 billion. Institutional fee payments rose by N6.15 billion during the period, from N183.91 billion to N190.06 billion, while disbursements for students’ upkeep allowances increased by N15.56 billion, climbing from N98.29 billion to N113.85 billion. The fund also announced on July 9 that it released an additional ₦1.5 billion to 6,129 students across three tertiary institutions for the 2025/2026 academic session. The fund has cleared outstanding June and July 2026 upkeep allowances, with each eligible student receiving ₦40,000 to cover the two-month backlog. The delay in monthly upkeep payments had generated concerns among beneficiaries, prompting the National Association of Nigerian Students (NANS) to intervene.
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Tuesday’s meeting followed Ovia’s recent endorsement of the student loan initiative, in which he described it as a transformative intervention that has enabled thousands of Nigerians to access higher education. Speaking during a recent interview on Channels Television, the NELFUND Board chairman praised Tinubu for establishing the scheme and dismissed claims that it was being abused. “Yes, NELFUND definitely is addressing access to education, and we are glad that Bola Tinubu has introduced that by setting up NELFUND — Nigeria Education Loan Fund — and it’s a very encouraging initiative,” Ovia said. He added, “No, it’s not being abused at all because without the Nigeria Education Loan Fund, many students wouldn’t have gone to university at all. And also, they are being encouraged to have some stipend to pay their school fees. So, it’s not being abused; it’s being encouraged.” Ovia urged beneficiaries to maximise the opportunity provided by the Federal Government. “Without NELFUND, they wouldn’t have gone to the university at all. So, they should be encouraged to take the opportunity to go to university and graduate, and they will get jobs,” he said.
Ovia, who retired as Founder and Group Chairman of Zenith Bank in May, remains active in education through the Jim Ovia Foundation and as founder and chancellor of James Hope University in Lagos. He became the bank’s chairman on July 16, 2014, after previously serving as its founder and Group Managing Director/CEO from 1990 to 2010. After his retirement, the bank described Ovia’s tenure as marked by strong leadership, strategic direction, and effective board oversight. The NELFUND Board chairman is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana. President Tinubu, upon appointing Ovia, expressed confidence that he would bring his immense wealth of experience and professional stature to advance the vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds.
Akintunde Sawyerr, who has served as NELFUND’s pioneer Managing Director since April 2024, has described the initiative as a game-changer for Nigerian education. Speaking previously, he revealed that the fund receives an average of 6,000 to 7,000 applications daily, underscoring the growing demand for the scheme among Nigerian students. Sawyerr has emphasised that the scheme is designed to be transparent and accessible to all eligible students. “For the first time in Nigeria—or certainly the first time in a very long time—people are starting to believe that you can actually benefit from government policies without knowing anybody. The system is totally agnostic to who you know. All you have to do is provide the right credentials, apply online, and you don’t need the help of anybody to be able to access this,” he said. He explained that President Tinubu established NELFUND to ensure that no Nigerian is denied access to quality tertiary education due to poverty or lack of funds. “Education is one of the topmost priorities of President Bola Tinubu. The President believes that education is the greatest weapon against poverty and so he doesn’t want any Nigerian to be deprived of having a qualitative tertiary education due to financial difficulties, hence the establishment of NELFUND,” Sawyerr said. The National Assembly and NELFUND have announced plans to expand the student loan scheme from 1.6 million beneficiaries to seven million students nationwide. The initiative includes incorporating Skills Acquisition, Technical, and Vocational Education and Training (TVET) into the scheme, which could ultimately uplift an estimated 50 million citizens indirectly. The meeting at the State House is expected to focus on the progress of the scheme and efforts to further expand access to higher education for Nigerian students.
Tinubu Meets Jim Ovia, NELFUND CEO at Aso Rock as Student Loans Hit ₦303bn
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Education
Nigerian Young Academy, LASU to Host 16th International Conference on Convergent Research
Nigerian Young Academy, LASU to Host 16th International Conference on Convergent Research
Five-day event to bring together academics, policymakers, industry leaders to explore interdisciplinary solutions to global challenges
LAGOS — The Nigerian Young Academy (NYA), in collaboration with Lagos State University (LASU), will host its 16th International Conference and General Assembly from 16 to 20 August 2026 at the LASU Ojo Campus, Lagos, the organisers have announced.
The conference, themed “Convergent Research for Global Impact: Integrating Knowledge, Innovation and Policy,” will convene academics, researchers, policymakers, industry leaders, development partners, and civil society organisations from Nigeria and around the world to examine how interdisciplinary research can address complex societal and global challenges.
According to a press release issued by the Academy, the conference aims to showcase cutting-edge research, strengthen collaboration among emerging and established scholars, and promote evidence-based policies that support sustainable development. It underscores the Nigerian Young Academy’s commitment to advancing research excellence, innovation, and leadership.
The five-day programme will feature keynote and plenary sessions, lead paper presentations, oral and poster presentations, scientific awards, networking opportunities, and a pre-conference workshop on “Building Research Capacity in the AI Era: Grant Writing and Practical Data Analysis Using R.”
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Discussions will span a broad range of themes, including sustainable development, public health systems, disease prevention, urban resilience, smart cities, energy systems, environmental policy, human-centred technology, rural development, food security, agribusiness, ethics in convergence science, and the application of artificial intelligence and machine learning in governance, planning, and risk assessment.
Keynote and Hosts
The conference keynote address will be delivered by Professor Akin Abayomi, Lagos State Commissioner for Health. Professor Temitope Onuminya, President of the Nigerian Young Academy, will host the event, while Professor Ibiyemi I. Olatunji-Bello, Vice-Chancellor of Lagos State University, will serve as Chief Host.
Call for Abstracts and Registration
Researchers are invited to submit abstracts of no more than 250 words between 1 March and 14 June 2026, while submissions for poster presentations will remain open until 24 July 2026. The conference is open to participants from Nigeria and abroad.
According to the Chairman of the Local Organising Committee, Associate Professor Abdul-Azeez Adeyemi Anjorin of Lagos State University, the conference provides an important platform for researchers, professionals, and policymakers to exchange ideas, foster partnerships, and develop innovative solutions that can shape the future of research, innovation, and public policy.
Scholars, students, professionals, and stakeholders across academia, government, industry, and civil society are encouraged to participate. Registration details and additional information are available through the Nigerian Young Academy website.
About the Nigerian Young Academy
The Nigerian Young Academy (NYA) is Nigeria’s foremost interdisciplinary academy for outstanding early-career researchers and professionals. Established in 2010 by the Nigeria Academy of Science, with the support of the Nigeria Academy of Education and the Nigeria Academy of Engineering, the Academy promotes research excellence, leadership, interdisciplinary collaboration, and public engagement.
The NYA is affiliated with the International Science Council, the Global Young Academy, and the Network of African Science Academies (NASAC). Through its conferences, awards, publications, and capacity-building initiatives, the Academy supports the development of young researchers and contributes to national and global development through science, scholarship, and innovation.
For further information, contact:
Dr. Abdulmalik Salman
Conference Organising Committee, Nigerian Young Academy (NYA)
Email: amas2k7@gmail.com
Telephone: +2347039632128
Website: https://nigerianyoungacademy.org
Nigerian Young Academy, LASU to Host 16th International Conference on Convergent Research
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News
Trump smuggled out of Turkey in catering truck over Iran threat
Trump smuggled out of Turkey in catering truck over Iran threat
US president secretly transferred from Air Force One to military jet before flying to Britain
WASHINGTON — United States President Donald Trump was reportedly smuggled out of Turkey in an airport catering truck after American intelligence agencies received information suggesting a credible threat against his life.
The extraordinary security operation was reportedly carried out after Trump attended engagements in Ankara, with officials taking elaborate measures to conceal his movements from potential attackers.
According to reports, Trump initially boarded Air Force One in full view of journalists and other observers at the Ankara airport, creating the impression that the presidential aircraft would take him directly out of Turkey.
However, the aircraft reportedly served as a decoy.
Trump and a small number of aides were subsequently moved from the presidential aircraft inside a large airport catering vehicle and taken to a smaller US military aircraft, reportedly a C-32A.
The president was then flown secretly to Britain, where he reportedly landed at RAF Mildenhall.
The unusual operation was said to have been prompted by intelligence concerning a possible Iranian threat against Trump.
Security officials reportedly feared that hostile actors could track the president’s movements and target his aircraft, prompting them to introduce an elaborate deception plan.
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The original Air Force One reportedly continued separately, reinforcing the impression that Trump was still travelling aboard the presidential aircraft.
The operation underscores the extraordinary lengths to which US security agencies can go to protect a sitting president when intelligence points to a potential threat.
The White House has not publicly released detailed information about the alleged threat or confirmed all the details of the reported evacuation operation.
However, administration officials have repeatedly acknowledged that Trump faces serious security threats and that protective agencies would take necessary measures to safeguard him.
The reported use of a catering vehicle has generated widespread interest because presidential movements are normally highly coordinated and closely monitored.
Security experts say the use of decoy aircraft, concealed transfers and sudden changes in travel arrangements can make it more difficult for hostile actors to establish the president’s exact location.
The incident also comes against the backdrop of heightened tensions between Washington and Tehran, with concerns over possible attacks against senior US officials.
Trump’s reported secret departure from Turkey therefore illustrates the continuing security challenges surrounding the US presidency, particularly when the president travels internationally.
While the full details of the operation remain classified, the reported episode has highlighted the sophisticated measures employed by American authorities to prevent potential threats from tracking the president’s movements.
Trump smuggled out of Turkey in catering truck over Iran threat
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News
South Africa Visa Applications Double From Nigerians Despite Xenophobia Concerns – Envoy
South Africa Visa Applications Double From Nigerians Despite Xenophobia Concerns – Envoy
South Africa’s Consul-General in Nigeria, Prof. Bobby Moroe, has revealed that visa applications from Nigerians have nearly doubled in recent months, dismissing reports that South African missions have stopped issuing visas to Nigerians and insisting the country remains safe for travellers. Despite ongoing concerns over xenophobic attacks targeting Nigerians and other African migrants in South Africa, interest in travelling to the country has surged, according to the diplomat. Moroe made the disclosure during an interview with Nigeria Info FM on Sunday, emphasising that South Africa remains open for tourism, business and other forms of travel.
Moroe sought to allay fears over the safety of Nigerians travelling to South Africa, describing reports that diplomatic missions had suspended visa issuance as “untrue”. In his words: “I just want to give reassurance that South Africa is open for business, South Africa is open for tourism, and South Africa is open for any other form of visit. And it is also untrue to suggest that South African missions in Nigeria do not offer visas to Nigerians anymore. But I can assure you and the listeners, that it is safe to travel to South Africa.” The Consul-General disclosed that visa applications have increased significantly, with the Lagos consulate alone processing between 100 to 130 applications daily.
This reassurance from Moroe comes amid renewed concerns over xenophobic violence in South Africa, where Nigerians and other African migrants have been targeted in pockets of violence across Gauteng, KwaZulu-Natal and parts of the Western Cape. The attacks, often fuelled by claims of job competition and criminality, have led to looting of foreign-owned shops, assaults and forced displacements, sparking outrage in Nigeria and across the continent. In response to the escalating violence, the Federal Government facilitated the repatriation of over 1,400 Nigerians who were stranded or feared for their safety in South Africa. Repatriated Nigerians have since warned compatriots against migrating to South Africa, describing the country as unsafe for foreigners. Earlier in June 2026, the government had announced plans to repatriate more than 1,000 citizens through a voluntary repatriation programme, following a similar action by Ghana.
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In a separate interview, Moroe rejected claims that xenophobia is prevalent in South Africa, stating that the government condemns attacks on both citizens and foreigners regardless of immigration status. The diplomat went further to argue that the term “xenophobia” has become unfairly associated with South Africa, noting that when similar incidents occur elsewhere, they are labelled differently. “There’s no xenophobia in South Africa,” he said when questioned about recurring reports of violence against foreign nationals.
The surge in visa applications may also be attributed to streamlined processes introduced after a January 2023 forum, which have reduced turnaround times significantly. Under the new arrangements, qualifying Nigerian businesspeople can now be granted five-year multiple-entry visas, making travel more convenient for frequent visitors. Moroe urged prospective travellers to obtain necessary visas before departure and comply with South Africa’s immigration laws, advising: “It is everybody’s responsibility to ensure that before you travel, you ensure that you have your visa, you comply with the immigration laws of the country, you become a good ambassador of your country.” He also cautioned Nigerians to familiarise themselves with South African laws, understand their rights and know the locations of law enforcement agencies in case of emergencies, adding: “When you get to South Africa, you know and understand your rights, but you must also familiarise yourself with the laws of the country. You choose places that you want to visit… and ensure that you also are familiar with the location of law enforcement agencies, just in case something happens.”
The Consul-General’s position on xenophobia has, however, been challenged by former Enugu State lawmaker Okey Onoh, who described Moroe’s denial as contradicting documented reports of attacks and discrimination against African migrants in South Africa. Onoh cited reports by advocacy groups, including Xenowatch, which have recorded hundreds of alleged xenophobic incidents annually, and criticised anti-immigrant groups including Operation Dudula. In a sharp rebuke, Onoh declared: “Keep your South Africa, we keep our Nigeria,” calling for greater protection of African migrants and urging African countries to reconsider their engagement with South Africa.
Despite these tensions and the contrasting narratives, Moroe expressed confidence that bilateral visits between both countries would continue to grow, stressing that South Africa valued its relationship with Nigeria and that people-to-people ties between the two nations remain active. Nigerian DJs perform in Johannesburg, South African gospel artists play in Lagos, students study in Cape Town and traders do business in Aba — these are the everyday connections that bind the two countries, mission officials noted, underscoring the deep and enduring links that persist even amid diplomatic friction and security concerns.
South Africa Visa Applications Double From Nigerians Despite Xenophobia Concerns – Envoy
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