The Federal Government has announced plans to establish a youth bank that will offer loans, grants, and other financial products to support young entrepreneurs, fostering innovation and job creation. EKO HOT BLOG reports that the Minister of Youth Development, Mr. Ayodele Olawande, made this announcement during a media briefing in Abuja on Tuesday. The minister … Read more
As of September 6, 2024, at least five tertiary institutions in the South-East have received funds from the Federal Government’s student loan scheme, according to data from the Nigeria Education Loan Fund (NELFUND). This development addresses previous concerns that NELFUND was neglecting South-East institutions in its disbursement process. NELFUND clarified that it was not deliberately … Read more
Governors from the South-East and lawmakers representing the region in the National Assembly have intervened to ensure that students from the area benefit from the Federal Government’s student loan scheme. Deputy Speaker of the House of Representatives, Benjamin Kalu, made this announcement in a statement on Monday. He assured South-East students that the issues causing … Read more
EKO HOT BLOG reports that the presidency has categorically denied the potential for a cabal to dominate the administration of President Bola Tinubu, addressing concerns that have lingered in the public discourse. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, provided this assurance during an appearance on TVC News Sunday Politics, where … Read more
Eko Hot Blog reports that the Federal Student Loan Scheme is expected to launch in the next two to three weeks, according to the Chief of Staff to President Bola Tinubu, Femi Gbajabiamila. Gbajabiamila confirmed this during a meeting with a delegation from the National Association of Nigerian Students (NANS), led by its President, Lucky … Read more
EKO HOT BLOG reports that the federal government, on Monday, January 22, assured that the soon-to-take-off Student Loan Scheme would be devoid of human intervention as every action would be taken on an application, specifically designed for the purpose. This assurance was given by the Executive Secretary and Chief Executive Officer of the Students Loan Board, … Read more
EKO HOT BLOG reports that President Bola Ahmed Tinubu has announced that the Student Loan Scheme payment will commence in January 2024. This news medium gathered that Tinubu gave the assurance on Monday while speaking at the 29th edition of the annual Nigerian Economic Summit, anchored by the Nigerian Economic Summit Group (NESG), at the … Read more