Politics
Senate To Establish Financial Aid Scheme For Students
A bill which seeks to provide a framework for education financing through the establishment of the National Student Financial Aid Scheme, Wednesday, scaled the second reading at the Senate.
The bill, which was sponsored by Senator Umar Sulieman representing Kwara North Senatorial District, seeks to grant interest-free loans and bursaries to eligible students in tertiary institutions.
Suleiman added that the scheme would also ensure the well-structured administration of such loans and bursaries and their recovery.
This was contained in a statement signed by the Special Assistant to the Senate President, Dr Ezrel Tabiowo, on Wednesday.
The Senator recalled that the Nigeria Students Loan Board, established in 1982 to help undergraduate and graduate students finance their studies within and outside Nigeria, provided loans between 1972 and 1991 to a tune of N46 million.
He stated that the scheme was suspended in 1992 after the Board failed to recover outstanding loans of over N40 million and added that the Students Loan Board was replaced by the Nigerian Education Bank in 1993.
Explaining further, he stated that the Education Bank serves as an intermediary in education credit market financing, which was designed to mobilise private sector resources for funding education.
Politics
Tinubu Flags Off 2027 Re-election Campaign In Kaduna
The campaign rally, held at the Kaduna Township Stadium, attracted Vice-President Kashim Shettima, APC governors, party leaders, federal and state lawmakers, political stakeholders and supporters from across the country.
The flag-off marks the beginning of the APC’s drive to secure a second presidential term for President Tinubu, with the party expected to promote its achievements, defend its economic reforms and outline its policy priorities under the proposed Renewed Hope 2.0 agenda.
Kaduna’s selection for the campaign launch underscores the strategic importance of the North-West, a region with a substantial voting population and considerable influence on presidential election outcomes.
The APC faces a significant challenge in Kaduna, where the Peoples Democratic Party’s presidential candidate, Alhaji Atiku Abubakar, defeated President Tinubu in the 2023 election. The rally therefore provides the ruling party an opportunity to strengthen its grassroots structures and regain electoral support in the state.
Addressing supporters, Vice-President Shettima appealed to Northern voters, highlighting President Tinubu’s political relationships with prominent Northern leaders, including Alhaji Abubakar, Mallam Nuhu Ribadu and the late President Muhammadu Buhari.
The Vice-President’s appeal reflects the APC’s determination to consolidate its support in the North as the party intensifies preparations for the presidential contest.
The Renewed Hope 2.0 agenda is expected to feature prominently in the campaign, providing a platform for President Tinubu to explain his administration’s economic policies and outline plans for another term.
However, the President’s record on economic reforms, rising living costs, petrol prices, employment, infrastructure and insecurity is expected to attract considerable scrutiny during the electioneering period.
Politics
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