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NELFUND disburses N2.5bn institution fees to 12 schools

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The Nigerian Education Loan Fund (NELFund), says it has disbursed more than N2.5 billion institution fees to 12 schools across the country.

The Spokesman of the Fund, Nasir Ayitogo, in a statement on Friday in Abuja, said that 22,120 students benefited from the exercise.

According to Ayitogo, the gesture is in alignment with President Bola Tinubu’s commitment towards enhancing educational opportunities for Nigerians.

He said the strategic effort aimed to ensure that students who really need the funds could continue their education by lowering the burden of financial constraints.

“So far, six of the 12 institutions have received full payment of their institutional fees, covering over 20,000 students.

“The total amount disbursed to these institutions stands at approximately N2,026,163,340. A further six will receive their payments in the coming week.

“These disbursements will ensure that Nigerian students can proceed with their academic activities unimpeded, fostering peace of mind much needed for these students and their families,” he said.

Ayitogo said NELFUND had also commenced the payment of upkeep to students in addition to the institution fees.

According to him, this initiative will provide essential financial support for living expenses as N442 million has been allocated for the month of July.

“The upkeep payments will benefit all 22,120 students across the 12 institutions, with more to come in the coming weeks and months.

“This is reflecting the federal government’s commitment to the overall well-being and academic success of Nigerian students in government institutions.

“These figures highlight NELFUND’s unwavering dedication to ensuring that financial constraints do not impede academic pursuits.

“NELFUND believes that these disbursements will significantly ease the financial burdens on students and their families, enabling them to focus on their studies and future careers”.

(NAN)

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Education

Oyedepo advises universities to invest more on research

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Oyedepo advises universities to invest more on research

The Chancellor of Covenant University, Ota in Ogun State, Dr Bishop David Oyedepo, has advised universities in Nigeria to invest more in research to proffer solutions to numerous challenges confronting the country.

Oyedepo gave the advice in an interview with the News Agency of Nigeria (NAN) on Tuesday in Ota, Ogun.

He said that universities should be solution centres, with life-applicable solution outputs that would solve problems in Nigeria and other nations of Africa.

The chancellor said that it was time for universities to arise and begin to wage intellectual wars against social vices with all zeal and zest.

Oyedepo said that the country needs to begin to see the dividends of university education.

“No institution loses value until it stops solving problems.

“Also, the relevance of any university is in the problem it solves,” he said.

Oyedepo said that the ability of universities to make huge investment in research would help to solve the country’s challenges and proffer solutions to myriads of global problems.

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Education

Peter Obi Fulfills Pledge, Donates Bus, N5m to Kogi Nursing College

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Peter Obi Fulfills Pledge, Donates Bus, N5m to Kogi Nursing College

Peter Obi Fulfills Pledge, Donates Bus, N5m to Kogi Nursing College

Former Labour Party presidential candidate, Mr. Peter Obi, returned to Grimard College of Nursing Sciences in Anyigba, Kogi State, on Tuesday to fulfill a promise made during a previous visit.

Obi had earlier donated ₦10 million to the college to support learning and pledged to assist further in meeting their urgent needs for accreditation.

During his visit three months ago, the Proprietor and Rector informed him that the school’s immediate need was a 32-seater coaster bus for students’ clinical experience trips.

After discussions with Bishop Most Rev. Dr. Anthony Adaji, Obi was told that a fairly used bus costing between ₦20 million and ₦30 million would be sufficient, as the price of a new bus had risen above ₦100 million.

True to his word, Obi returned to the college to present a fairly used bus within the specified range, aiding the students’ clinical assignments.

He also donated an additional ₦5 million to cover the cost of the bus’s registration, insurance, and other expenses for a year.

Obi expressed his gratitude to the institution’s leadership for their warm reception and commended their efforts in advancing education and healthcare.

He reassured them of his continued support, emphasizing his commitment to building a better Nigeria.

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Education

ASUU threatens indefinite strike, says FG fails to honour agreement

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ASUU threatens indefinite strike, says FG fails to honour agreement

The Academic Staff Union of Universities (ASUU) has threatened to embark on indefinite strike over failure of the Federal Government to honour the 2009 aggrement reached with it.

Prof. Timothy Namo, the Bauchi Zonal Coordinator of the union said this during a news conference on Friday in Jos.

Namo said that the union after its National Executive Council (NEC) held between Aug. 17 and Aug. 18, issued a 21-day ultimatum.

“As we speak, government has not honoured any of the agreements or address our concerns.

“At the expiration of the 21-day ultimatum, we again issued another 14-day ultimatum that commenced from Sept. 23.

“So, we want Nigerians to blame the federal government if ASUU decide to down tools and shut down public universities,” he said.

Namo highlighted the lingering issues to include, non conclusion of the re-negotiation of the 2009 agreement, non release of the three-and-half month salaries of academic staff, unpaid salaries of all academic staff on adjunct appointment and outstanding third-party deductions.

Other lingering issues he said were, poor funding for the revitalisation of public universities, none payment of Earned Academic Allowances (EAA) as captured in the 2023 budget, proliferation of universities, non implementation of the reports of visitation panels to universities, among others.

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