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Bill For Student Financial Aid Scheme Scales Second Reading



To ease the burden of financing tertiary education, a National Student Financial Aid Scheme is under way.

A bill to establish the scheme scaled second reading in the Senate on Wednesday.

The bill sponsored by Senator Umar Suleiman (APC, Kwara North), seeks to provide a realistic framework for the success of education financing.
Suleiman, in his lead debate on the principles of the bill, said the same provides for the management, governance and administration of the scheme.

According to him, the National Student Financial Aid Scheme, upon its establishment, would grant interest-free loans and bursaries to eligible students at higher Institutions.

He added that it would also ensure the well-structured administration of such loans and bursaries and their recovery.

He recalled that the Nigeria Students Loan Board which was established in 1982 to help students finance undergraduate and graduate studies within and outside Nigeria, provided loans between 1972 and 1991 totalling N46 million to help students finance their education.

He disclosed that out of the sum, the Board faced the problem of recovering outstanding loans of over N40 million, which led to the suspension of the scheme in 1992.

He stated that the Students Loans Board was replaced in 1993 by the Nigerian Education Bank.

He explained that the Education Bank serves as a major intermediary in education credit market financing, and is designed to harness private sector resources for funding education.

READ ALSO: Reps Want INEC To Extend Voter Registration

The lawmaker noted that the bill to establish the National Students Financial Aid Scheme also seeks to repeal the existing Nigerian Education Bank.

The bill after consideration was referred by the Senate President, Ahmad Lawan, to the Committee on Tertiary Institutions and TETFUND for further input.

Meanwhile, a bill to establish the Federal University of Education (Technical) Bichi, also scaled second reading on Wednesday.

The bill was sponsored by Senator Jibrin Barau (APC, Kano North).

The bill after consideration was also referred by the Senate President to the Committee on Tertiary Institutions and TETFUND.

The Committee was given four weeks to report back to the Senate in plenary.


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BREAKING: Abacha’s Ex-chief Of Staff Oladipo Diya Dies




Retired Lt.General Donaldson Oladipo Oyeyinka Diya, the former Chief of Staff in General Sani Abacha’s military government, is dead.

His death was confirmed by Prince Oyesinmilola Diya. He said the former military administrator of Ogun State passed on to glory in the early hours of 26th March 2023.

Born on the 3rd of April, 1944, Diya was military Governor of Ogun State after the Buhari-Idiagbon coup of December 31st, 1983.

Diya joined the Nigerian Defence Academy, Kaduna and fought during the Nigerian Civil War.

He later attended the US Army School of Infantry, the Command and Staff College, Jaji (1980–1981) and the National Institute for Policy and Strategic Studies, Kuru.

While serving in the military, Diya studied law at Ahmadu Bello University, Zaria, where he obtained an LLB degree, and then at the Nigerian Law School, where he was called to bar as Solicitor and Advocate of the Supreme Court of Nigeria.

He held other top military posts like GOC, 82 Division and finally the Chief of General Staff (military Vice President) to Gen Sani Abacha

The statement read: “On behalf of the entire Diya family home and abroad; we announce the passing on to Glory of our dear Husband,Father, Grandfather,brother, Lt- General Donaldson Oladipo Oyeyinka Diya (Rtd) GCON, LLB, BL, PSC, FSS, mni.

“Our dear Daddy passed onto glory in the early hours of 26th March 2023. Please keep us in your prayers as we mourn his demise in this period. Further announcements will be made public in due course.

“Barrister Prince Oyesinmilola Diya, on behalf of the family.”

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Breaking: Appeal Court Retains Adeleke As Osun Governor



BREAKING: Adeleke Freezes Osun Accounts , Reverses Appointments After Swearing In As Governor
Governor Adeleke

The Court of Appeal sitting in Abuja has vacated the tribunal judgement that nullified the election of Governor Ademola Adeleke of Osun State.

The appellate court, in a unanimous decision by a three-member panel of Justices, on Friday held that the appeal Adeleke lodged to challenge his sack by the Osun State Governorship Election Petition Tribunal, was meritorious.

Aside from setting aside the judgement of the tribunal, the court, in its lead judgement that was delivered by Justice Mohammed Lawal, awarded N500, 000 cost against the All Progressive Congress, APC, and its candidate, Gboyega Oyetola

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BREAKING: PDP Suspends Anyim, Fayose



Anyim and Fayose

Former governor of Ekiti State, Ayodele Fayose; former president of the Senate, Pius Anyim; Prof Dennis Ityavyar and Aslam Aliyu were on Thursday suspended from the Peoples’ Democratic Party (PDP).

The PDP made the suspension on Thursday after an extensive review of the affairs of the party, pursuant to the provisions of the PDP Constitution (as amended in 2017).

The PDP also referred the Governor of Benue State, Samuel Ortom, to the National Disciplinary Committee over his reported involvement in anti-party activities.

This was disclosed in a statement signed by the National Publicity Secretary, Debo Ologunagba.

“The PDP urges all leaders, critical stakeholders and teeming members of our party across the country to remain united and focused at this critical time,” the statement added.


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