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Tinubu Recants on Students Loan, Suspends Scheme Indefinitely

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The Federal Government has postponed the launch of the Nigerian Students Loan Scheme indefinitely.

Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), stated this in an interview with ARISE NEWS.

The loan which was formally slated to take off on Thursday, has been postponed again, as there are some corrections that are being made around the launch according to Sawyer.

“Unfortunately, I won’t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome and sustainable way.”

President Bola Tinubu signed the bill into law in June 2023, to establish a Students Loan Fund (SLF) to provide interest-free loans to Nigerians seeking higher education.

The bill, sponsored by Femi Gbajabiamila, the former Speaker of the House of Representatives, was initially planned to kickstart between September and October 2023.

President Tinubu announced the scheme would begin by January 2024, after his Government failed to meet the October deadline last year.

In January, Yusuf Sununu, Minister of State for Education, confirmed at the Federal Executive Council (FEC) meeting, while speaking to reporters, that preparations were completed for the scheme to begin, including the finalisation of the Student Loan Scheme website and the conclusion of technical plans to facilitate the scheme’s kick-off.

President Tinubu assured the leaders of the National Association of Nigerian Students (NANS) when they visited him at the State House, Abuja, that the scheme would begin once its expansion to accommodate extra features including vocational studies was done.

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Obi Has Offered to Meet Farotimi’s Bail, Says Tanko Yunusa

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The presidential candidate of the Labour Party in the 2023 general elections, Mr. Peter Obi, has offered to meet the bail conditions of human rights lawyer, Mr. Dele Farotimi, according a statement by Tanko Yunusa, on X.

An Ekiti court has said Farotimi can be released on bail in a case where he’s accused of damaging Afe Babalola’s reputation.

The bail requirements are as follows: N30 million bond, two people to vouch for him (and one must own a house), give up his passport, and agree not to talk to the media.

Yunusa, who is an ally of the former presidential candidate, wrote that Obi believes in following the law and wants to see this situation resolved in a way that works for everyone.

Yunusa quoted Obi’s offer directly: “I consulted His Excellency, Peter Obi, as the leader of the Obidient Movement. As a respecter of the rule of law, due process, and order, he offered to take Dele Farotimi on the bail conditions.”

Yunusa also mentioned that Obi thanked the courts and everyone involved, saying Obi wants to see the situation resolved fairly for all parties while respecting the legal system.

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Ekiti Court Grants Dele Farotimi N30m Bail

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A magistrates’ court sitting in Ado-Ekiti, the Ekiti State capital, has granted N30 million bail to embattled lawyer and human rights activist Dele Farotimi.

At the hearing of the bail application on Friday, Magistrate Abayomi Adeosun ruled in favour of Farotimi’s bail request.

The magistrate stipulated that the bail conditions included two responsible sureties and required Farotimi to surrender his international passport to the court. Additionally, he was instructed not to grant media interviews while the case was ongoing.

The Ekiti Police Command had arraigned Farotimi following a petition from an elder statesman and Senior Advocate of Nigeria, Afe Babalola, who accused the activist of criminally defaming him in his recently-released book.

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Ooni Commiserates With Families of Slain Ibadan Stampede Children, Stands with Embattled Ex-wife

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The Ooni of Ife, Oba Adeyeye Ogunwusi, has commiserated with the families whose children died in the stampede during a funfair in Ibadan, the Oyo State capital, on Wednesday.

“We share in the grief and pains that have engulfed the affected families. We pray that Olodumare grants them the fortitude to bear this trying time,” the monarch’s spokesman Moses Olafare said in a statement on Thursday.

At least 35 persons have been confirmed dead in a stampede that occurred at the Islamic High School, Basorun, Ibadan venue of the family event organised by Wings Foundation owned by a former queen at the Ooni’s Palace, Naomi Ogunseyi.

The police have arrested the ex-wife of the monarch and seven others for their various involvements in the funfair.

The police said the case has been transferred to the Homicide Section of the State Criminal Investigation Department, Iyaganku with a Deputy Commissioner of Police in charge leading the investigation.

Ooni’s spokesman expressed sympathy with the Government of Oyo State and the families of the children whose lives were lost in the tragedy.

The Palace also showed solidarity with the ex-queen, saying she genuinely cared for children and organised similar events in Osun State when she was queen.

The Palace spokesman said, “While at the Ile Oodua here as a queen, Miss Naomi Silekuola Ogunseyi demonstrated love and care to the children of Ile-Ife through similar events which she executed passionately to give succour to children of indigent parents every December period like this.

“The House of Oduduwa pledges to support all efforts aimed at bringing solace and healing to those affected by this devastating loss.

“The House of Oduduwa calls for immediate actions to prevent such unfortunate incidents in the future, emphasizing the need for rigorous adherence to safety standards and child welfare policies in educational institutions.”

“While the situation calls for solemn reflection and collective responsibility, we would want to express dismay at the unprofessional conduct of some bloggers who have chosen to sensationalize the tragic incident rather than uphold journalistic integrity.

“The House of Oduduwa encourages all stakeholders, from government officials to the media and citizens, to unite in compassion and constructive dialogue. Let us honour the memories of the departed by fostering a culture of care, respect, and accountability in our communities,” the statement added.

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