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We’ve postponed launch of student loan indefinitely – FG
We’ve postponed launch of student loan indefinitely – FG
The President Bola Tinubu-led Federal Government has announced the indefinite postponement of the launch of the Nigerian Students Loan Scheme indefinitely.
The loan scheme was formally billed to take off on Thursday before the latest postponement.
The Federal Government disclosed that the development was necessitated by the need to fine-tune and put finishing touches to the modalities of the scheme.
Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), made the disclosure in an interview with ARISE NEWS.
Sawyer stated that the loan scheme was indefinitely postponed because of some corrections that are being made around the launch.
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He also said they wanted every stakeholder to be on the same page in order to avoid claims of being sidelined.
“Unfortunately, I won’t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome and sustainable way.” he said.
President Bola Tinubu signed the bill into law in June 2023, to establish a Students Loan Fund (SLF) to provide interest-free loans to Nigerians seeking higher education.
The bill, sponsored by Femi Gbajabiamila, the former Speaker of the House of Representatives, was initially planned to begin between September and October 2023.
President Tinubu announced the scheme would begin by January 2024, after his Government failed to meet the October deadline last year.
In January, Yusuf Sununu, Minister of State for Education, confirmed at the Federal Executive Council (FEC) meeting, while briefing to newsmen, that preparations were completed for the scheme to begin, including the finalisation of the Student Loan Scheme website and the conclusion of technical plans to facilitate the scheme’s kick-off.
We’ve postponed launch of student loan indefinitely – FG
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Judicial Reform: NBA seeks removal of CJN as head of NJC
Judicial Reform: NBA seeks removal of CJN as head of NJC
The Nigerian Bar Association, NBA, has faulted the composition of the National Judicial Council, NJC, which is the body responsible for disciplining erring judicial officers in the country.
NBA, which is the umbrella body of legal practitioners in the country faulted the current system that made it mandatory that the Council must be headed by the Chief Justice of Nigeria, CJN.
According to the NBA, “The inherent flaws in the composition of the NJC impact negatively on its ability to prosecute judicial misconduct in a manner that inspires public confidence.”
Consequently, the NBA recommended that “members of the NJC should be appointed as follows: six judicial officers appointed by CJN; six lawyers nominated by the National Executive Council of the NBA including the NBA President and six non lawyers appointed by the President, Federal Republic of Nigeria, subject to the approval of the Senate.
“The Chairmanship of these bodies should be rotated between the heads of the three constituent groups.”
Besides, the NBA recommended the appointment of court administrators to take over the administrative functions if the various Heads of court such as procurement, budgeting, renovation of courts and implementation of judicial appropriations.
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“These are activities within court administration that have severally been identified by the anti-corruption bodies as areas prone to corrupt activities.
“This proposal for the creation of this office takes cognizance of the role of the Chief Registrars of courts who will under the proposed arrangements enable them (together with heads of courts) concentrate solely on the business of adjudication especially case management without distraction.”
It further demanded the de-linking of judicial remuneration from that of the civil service, noting that there had always been an informal linkage between judicial salaries and that of senior civil servants and public officers.
“There is the need to de-link judicial remuneration from that of the civil/public service. De-linking judicial remuneration from that of the civil/public service would not only strengthen the perception of judicial independence, but would also provide the necessary safeguard and reassurance to judicial officers,” it added.
The recommendations were contained in proposals the NBA submitted at the just concluded national summit on justice sector reforms.
News
Yahaya Bello: Court summons EFCC chair over contempt
Yahaya Bello: Court summons EFCC chair over contempt
A Kogi State high court has ordered Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, to appear before it on May 13 to show why he should not be convicted for allegedly disobeying its order.
The presiding judge, Isa Jamil Abdullahi, gave the order on Friday while ruling in a suit No: HCL/68M/2024 and motion No: HCL/190M/2024, filed by former Kogi governor, Yahaya Bello.
Bello on February 8, Bello instituted a suit asking the court to restrain the commission from arresting him.
The court granted the injunction restraining the EFCC on February 9.
But the EFCC on March 12 filed an appeal against the order.
However, the commission has filed a notice to withdraw the appeal.
In the notice filed on April 22, the anti-graft agency said the withdrawal was predicated on the fact that events had overtaken the appeal.
The commission also admitted that the appeal was filed out of the time allowed by law.
Bello approached the court again, praying for an order to invite the EFCC chairman and slammed with a contempt of court allegation.
The judge granted Bello’s prayers and ordered Olukoyede to appear before the court to answer the contempt charge.
“The applicant’s application before me is to the effect that the respondent has carried out some acts upon which they have been restrained by this court on February 9, pending the determination of the substantive motion on notice before this court,” the judge held.
“That the said act was carried out by the respondent in violation of the order which was valid and subsisting when they carried out those acts. That same act of the respondent amounts to an act of contempt.
“It’s against the above facts that this court hereby grants the prayers sought in line with the principle of ‘Audi Ultra Patem’ (listen to the other side).
“This matter is adjourned to May 13 for the respondent’s chairman to appear before this court in answer to form 49 ordered to be served on him.”
News
Labour shuts NSITF head office over staff salary cut
Labour shuts NSITF head office over staff salary cut
Members of the organised labour, on Friday, protested and shut down the headquarters of Nigeria Social Insurance Trust Fund (NSITF) over alleged cut of workers’ salaries in the agency by the management of the fund.
The aggrieved protesters, led by the President of Trade Union Congress (TUC), Festus Osifo and executive members of the Association of Banks, Insurance and Financial Institutions (ASSBIFE), started their demonstrations at about 11:00am.
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Armed with placards with various inscriptions, the protesters alleged that the management led by Mrs Maureen Allagoa, the Managing Director of the Fund, had made deductions of consequential taxes from their salaries to the tune of N2.1bn which were not remitted.
Addressing the protesters, Osifo said the protest and subsequent shutdown of the Fund became imperative after efforts made by the leadership of ASSBIFE to resolve the issue amicably with the management failed.
The protesters urged President Bola Tinubu to sack the MD of the agency with immediate effect to avert “looming crises” in the Fund and called on the Economic and Financial Crimes Commission (EFCC) to probe their claims.
Both the MD of the Fund, Mrs Allagoa and spokesman of the Fund, Mr Godson Nwachukwu could not be reached for comments at the time of filing this report.
Labour shuts NSITF head office over staff salary cut
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