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Bandits Reduce Ransom for Baptist School Students to N60m

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Abductors of the 121 students of the Bethel Baptist High School, Kaduna, have allegedly demanded N60m ransom to free the captives.

Bandits had stormed the school and abducted over 100 students penultimate Monday.

The proprietor of the school, Rev Ishaya Jangado, had said after a head count of the students as directed by the bandits that 121 students were being held.

But on Monday, our correspondents gathered that the bandits demanded N500,000 for each of the remaining 120 students.

The bandits, it was learnt, gave yesterday (Monday) as deadline for the payment of the ransom.

This was just as the bandits released one of the captives on the grounds of ill health.

According to one of the parents, who confided in The PUNCH, the church and parents of the students are already working to raise ransom.

She said if the ransom was paid on Monday, the students “will hopefully be released on Tuesday going by the promise of their abductors.”

The parent stated, “The bandits demanded hundreds of millions of naira, but later scaled down their demands to N60m, reducing it to N500,000 per student.

“We (parents) have gathered some amounts but the church is trying to raise the remaining money to meet up with the demands of the bandits.”

A brother to one of the kidnapped students, Jesse Peter, said, “The bandits called us on Saturday and said we should raise N500,000 for each of the 120 students remaining with them in the bush. They gave us till Sunday morning to pay the money before shifting the ultimatum to Sunday evening. We have yet to pay and the time they gave us has elapsed and they have not communicated with us since then.

“The parents are still shocked about the whole thing. As for us, we don’t have such money anywhere. We have resorted to prayers.”

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Disu Inaugurates Committee for Implementation of State Police

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The Inspector-General of Police, Tunji Disu, on Wednesday inaugurated an eight-member committee to oversee the implementation of state police and the rollout of his policing vision, following his confirmation as the 23rd indigenous IGP.

TVC reports that Disu held his first formal engagement with senior police officers since his confirmation, days after the Nigeria Police Council unanimously ratified his appointment, clearing the way for his swearing-in by President Bola Tinubu at the Presidential Villa.

Professor Olu Ogunsakin was appointed to lead the eight-member state police committee.

Addressing the top hierarchy of the force, the IGP said leadership is “not about position but responsibility,” stressing that professionalism and accountability must guide conduct and operations across commands nationwide.

He emphasised that authority is strongest when exercised with restraint and that respect for human rights must remain fundamental, adding that every Nigerian should be treated with dignity, fairness, and justice, regardless of status or background.

Disu also announced plans to strengthen internal oversight, directing that the Public Complaint Unit and X-Squad be empowered to operate independently.

On decentralisation, he said the move would allow different levels of government to play an active role in security.

The inauguration of the state police implementation committee comes at a critical time for the Nigeria Police Force, following a leadership change at the top.

President Bola Tinubu appointed Disu as the Acting Inspector‑General of Police on February 24, 2026, after the resignation of his predecessor, Kayode Egbetokun.

Disu’s elevation followed a meeting between the outgoing IGP and the President at the Presidential Villa in Abuja, and his appointment was later unanimously endorsed by the Nigeria Police Council.

He is expected to be formally sworn in as substantive IGP during the Federal Executive Council meeting on Wednesday.

Disu’s appointment comes amid heightened concern over security challenges across the country, including rising cases of kidnappings, banditry, and community attacks.

The state police initiative championed by the current administration is part of broader security sector reforms aimed at decentralising policing powers to enhance responsiveness at local levels.

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Senate Rescinds Resolution Seeking Sack of Magaji As CAC Registrar-General

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The Senate Committee on Finance, on Monday, rescinded its resolution seeking to remove the Registrar-General of Corporate Affairs Commission (CAC) Mr. Hussaini Ishaq Magaji (SAN), from office.

The committee, which is chaired by Senator Sani Musa, had on Thursday last week called on President Bola Tinubu to sack Magaji for ignoring parliamentary invitations to give an account of the operations of his agency.

But, at its resumed sitting in Abuja on Monday, the committee reversed itself after Magaji showed up, expressing remorse for his actions and apologising to the lawmakers.

It was the Chairman of Senate Committee on Customs, Senator Jibrin Isa (Kogi-East), who came to Magaji’s rescue by moving a motion, urging the committee to rescind the earlier resolution.

He was seconded by Katsina-North senator Nasir Musa Zango Daura.

However, before he got a reprieve, Musa criticised Magaji over his conduct, noting that he had no regard for the Legislature.

He stated, “This committee is not happy with you for your persistent refusal to appear before it in the past or sending junior officers to it. That’s not acceptable.

“The constitution grants us oversight powers over all revenue-generating agencies. At our last sitting, the committee recommended your removal, but you appeared shortly after our pronouncement.

“We want an explanation.”

Magaji immediately apologised for his behaviour, pleading that such would not be repeated again.

He blamed the development on communication breakdown, which he would address by establishing a liaison office at the National Assembly to improve interactions between the two sides.

“Mr Chairman, I sincerely apologise to the committee. I was returning from Lagos and asked my team to inform the committee ahead of time. Unfortunately, I arrived late.

“We have now created a dedicated liaison office to handle interactions with the National Assembly. I assure you this will not happen again. I take full responsibility and hold this committee in high esteem,” he added.

His show of remorse led to the withdrawal of the resolution with a warning not to ignore legislative invitations next time.

During last Thursday’s sitting, the committee had accused Magaji of failing to honour the Senate’s invitations to account for the finances of his agency.

“He refused on so many occasions to honour our invitation to appear before this committee.

“We have issues with the reconciliation of the revenue of CAC.

Each time we invite him, he gives us excuses,” Musa said as the committee passed the resolution.

A former Governor of Abia State, Senator Orji Uzor Kalu, had moved the motion for his removal.

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NELFund Extends Deadline for Student Loan Applications Nationwide

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The Nigerian Education Loan Fund (NELFund) has extended the deadline for student loan applications following a surge in nationwide interest driven by its ongoing sensitisation campaign across the country.

The extension comes after an earlier notice issued by the Fund announcing that the student loan application portal would close on February 27, 2026.

The Director, Strategic Communications of NELFund, Mrs. Oseyemi Oluwatuyi, who conveyed this in a statement on Monday in Abuja, said growing feedback from students, tertiary institutions, and other stakeholders prompted the management to grant additional time to enable more eligible applicants to complete the process.

NELFund explained that the decision was informed by the sharp increase in applications and inquiries recorded in recent weeks, as awareness of the Federal government’s student loan scheme continues to expand nationwide.

According to the Fund, the extension is aimed at accommodating students who require additional time to finalise their applications, as well as prospective beneficiaries who only recently became aware of the programme during nationwide sensitisation engagements.

The additional window would also support institutions newly commencing their 2025/2026 academic session and those yet to submit verified student data required for processing applications.

The Managing Director and Chief Executive of NELFund, Mr. Akintunde Sawyerr, reaffirmed the agency’s commitment to inclusivity and equitable access to tertiary education financing.

He noted that the extensive sensitisation campaigns conducted across the six geopolitical zones significantly boosted awareness and participation in the scheme.

“Our sensitisation efforts have increased nationwide participation.
In line with our mandate to expand access to tertiary education financing, we have approved an extension to ensure all eligible students have a fair and equal opportunity to apply,” he said.

NELFund further advised institutions that have not commenced the 2025/2026 academic session to formally request an extension, accompanied by their approved academic calendar, for consideration by the Fund.

Students were strongly encouraged to utilise the extended period to complete their applications through the official NELFund portal before the final closure date.

The Fund reiterated its commitment to transparency, accountability, and sustainable student financing initiatives aimed at removing financial barriers to higher education in Nigeria.

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