The Federal Executive Council (FEC) has given its approval for the Economic Stabilization Bills (ESB), marking a significant step in the government’s Accelerated Stability and Advancement Plan. This decision was reached during the council’s 18th meeting, chaired by President Bola Tinubu at the Aso Chambers of the State House in Abuja. The ESB, based on … Read more
President Bola Tinubu-led Federal Government has on Thursday commenced the student loan disbursement. Eko Hot Blog reports that this development follows a mild amendment to the Student Loan Scheme. The President inaugurated a presidential committee to drive the Scheme at the State House, Abuja. To kick start the programme, the President had recently approved ₦35 … Read more
The Nigerian Education Loan Fund (NELFUND) has announced the enrollment of students in 36 state-owned universities for students loan application. Eko Hot Blog reports that this was contained in a press statement issued by the agency on Sunday. The statement enjoined other state-owned universities to submit their students data to the NELFUND Student Verification System … Read more
Eko Hot Blog reports that the long-awaited student loan program will launch on Friday, benefiting 1.2 million students in federal tertiary institutions nationwide. According to PUNCH, this was disclosed by the Managing Director and CEO of the Nigeria Education Loan Fund, Akintunde Sawyerr. Sawyerr, who spoke at a pre-application sensitisation press conference in Abuja, on … Read more
Eko Hot Blog reports that President Bola Tinubu has sent a new bill to the National Assembly regarding the student loan scheme. The development comes less than 48 hours after the federal government announced the indefinite suspension of the student loan scheme. Editor’s Picks Sanwo-Olu Introduces 25% Discount On Food Items In Lagos FG Considers … Read more
Eko Hot Blog reports that the Federal Government has rescheduled the commencement of the student loan program to March 1, 2024, after failing to meet the February 26, 2024, kick-off date it initially fixed. According to BusinessDay,sources in the presidency disclosed that the shift in the kick-off date for the scheme was because of the … Read more
Eko Hot Blog reports that the National Association of Nigerian Students (NANS) have disagreed with the assertion by the Academic Staff Union of Universities (ASUU) that Federal Government’s student loan scheme would keep the beneficiaries perpetually indebted. ASUU had also argued after its National Executive Council (NEC) meeting in Yenagoa, Bayelsa that the initiative would … Read more
Eko Hot Blog reports that the Federal Government on Wednesday insisted that its Student Loan Scheme is still on track to commence this month. This was as it said students who apply through its soon-to-be-completed website can access the facility within 30 days. “January is a reality. Already the website is almost done. Application for … Read more