Nigeria, USA annual trade hits $10bn — Official

The Nigerian Education Loan Fund, NELFUND, has restated its commitment to revitalising education in the country through the student loan programme designed to reduce unproductivity among Nigerian students. The Managing Director of NELFUND, Akintunde Sawyerr, made this commitment in Maiduguri, Borno State capital at an engagement meeting with students, educators, and government officials. Sawyerr noted
We’re committed to supporting Nigerian students – NELFUND

The Nigerian Education Loan Fund, NELFUND, has restated its commitment to revitalising education in the country through the student loan programme designed to reduce unproductivity among Nigerian students.

The Managing Director of NELFUND, Akintunde Sawyerr, made this commitment in Maiduguri, Borno State capital at an engagement meeting with students, educators, and government officials.

Sawyerr noted the loan’s modalities which include creating an online profile as a prerequisite for application, clarifying that the loan is interest-free and does not require a fixed repayment period, making it accessible and flexible for students.

On his part, the Borno State Commissioner for Education, Science, Technology, and Innovation, Lawan Wakilbe, reiterated the state government’s commitment to facilitating student’s access to the loan, as he announced the establishment of a dedicated desk officer for NELFUND in the state to work in collaboration with the Special Adviser to Governor Zulum on Higher Education.

Walkibe said the initiative will guide students throughout the application process and ensure they fully understand the benefits of the loan which he describes as a low-risk grant available to all eligible students to take advantage of.

DAILY POST reports that NELFUND is an initiative of President Tinubu’s Renewed Hope Agenda, which aims to provide all higher institution students with access to financial resources, enabling them to pursue their educational goals and aspirations with ease.

We’re committed to supporting Nigerian students – NELFUND

President Bola Tinubu has revealed that within less than two years of his administration, Nigeria has successfully attracted $30 billion in Foreign Direct Investments, FDI, commitments. The National Security Adviser, NSA, Nuhu Ribadu who represented President Tinubu stated this while opening the Comptroller General of Customs, CGC, 2024 conference in Abuja. “In the significant search
We attracted $30bn investment commitments – Tinubu

President Bola Tinubu has revealed that within less than two years of his administration, Nigeria has successfully attracted $30 billion in Foreign Direct Investments, FDI, commitments.

The National Security Adviser, NSA, Nuhu Ribadu who represented President Tinubu stated this while opening the Comptroller General of Customs, CGC, 2024 conference in Abuja.

“In the significant search for Foreign Direct Investment, in less than two years in office, my administration has received over $30 billion in commitments from foreign investors”, he said.

He noted that the administration set out with a clear vision to strengthen Nigeria’s economic foundation, highlighting the substantial progress his government has achieved.

According to him, “shortly, critics will have little to challenge”, citing the recent stability, which has propelled crude oil production to an impressive 1.8 million barrels per day.

He further explained that the removal of fuel subsidies and the unification of the exchange rate system aimed to create a more transparent and sustainable economic framework.

President Tinubu acknowledged that the policies required adjustments by citizens but insisted they were essential for the country’s long-term benefit.

We attracted $30bn investment commitments – Tinubu