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How To Access The Student Loan Signed By Tinubu

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How To Access The Student Loan Signed By Tinubu

How To Access The Student Loan Signed By Tinubu

The Student Loan Bill which is now Law officially known as AN ACT TO PROVIDE EASY ACCESS TO HIGHER EDUCATION FOR NIGERIANS THROUGH INTEREST FREE LOANS FROM NIGERIAN EDUCATION BANK ESTABLISHED was Sponsored by Hon. Femi Ghajabiamila

Students applying for loan under this Act must apply to the Chairman of the Bank through their respective institutions upon satisfaction
of the following conditions:
(i) Student must have secured admission into any public Nigerian
University,Polytechnic, COE or TVET school

Applicant income or family income must be less than N500,000 per annum;Applicant must provide at least two civil servants as guarantors: of not less than level 12 years in service; or a Lawyer with at least 10 years post-call experience; a Judicial officer; or a Justice of Peace.

Read Also: Students Loan: It’s Dead On Arrival’ – ASUU Reacts As Tinubu Signs Bill Into…

Students who have defaulted in previous loans; found guilty of exam malpractices, felony, drug offenses will not be considered.
Students with parents who have defaulted in respect of previous loans will not be considered.

All Applications will be submitted through the Students Affairs Office of each Institution via a list of all
qualified applicants from the institution accompanied by a cover letter signed by the Vice Chancellor or Rector or the head of the institution and the student affairs.

Any beneficiary of the loan to which this Act refers shall
commence repayment two years after completion of the National Youth Service Corps programme.
(Repayment shall be by direct deduction of 10% of the
beneficiaries salary at source by the empioyer.

Where the beneficiary is self employed, he shall remit 10% of his
total profit monthly to the Students loan account to be prescribed by the Bank.

Dr George Ogunjimi
Principal Partner
Juris Republc Legal Practitioners.
12/06/2023.

How To Access The Student Loan Signed By Tinubu

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Education

UNIBEN Partners with OpenBinacle to Preserve African Languages

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UNIBEN Partners with OpenBinacle to Preserve African Languages

UNIBEN Partners with OpenBinacle to Preserve African Languages

……Collaboration Aims to Promote AI-Driven Language Preservation

The University of Benin (UNIBEN) has joined forces with OpenBinacle, a Nigerian-owned tech company, to advance the preservation and promotion of African languages through the use of Artificial Intelligence (AI) and Machine Translation (MT).

The partnership, formalized through a joint statement issued in Benin, focuses on standardizing and preserving indigenous languages across Nigeria and Africa. Vice-Chancellor of UNIBEN, Prof. Lilian Salami, praised the collaboration, highlighting its alignment with the university’s mission of being a globally recognized institution in research and education.

OpenBinacle’s CEO, Emmanuel Gabriel, emphasized that the initiative would foster the development of AI researchers and software developers, enhancing language translation technologies across the continent. The project aims to preserve over 2,000 African languages, providing job opportunities and technical training for students and youths.

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Education

Sprezzatura Publishing Introduces Innovative Resource for Young Learners

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Sprezzatura Publishing Introduces Innovative Resource for Young Learners

By Halima Abdulkadiri

Sprezzatura Publishing Limited has launched a pioneering new book titled “Taxation: Essential Knowledge for Nigerian Children,” authored by Arabinrin Aderonke and Ejura Blessing Haruna. The 147-page guide is designed to make the complex topic of taxation accessible and engaging for young readers in Nigeria.

The book opens with a foreword by Dr. Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), underscoring the importance of early tax education. Dr. Adedeji highlights the role of tax knowledge in shaping financially responsible citizens, emphasizing its relevance to the nation’s democratic future.

Structured into 13 chapters, the book covers various aspects of taxation, from its historical roots to the different types of taxes and the government’s role in tax collection. The authors utilize simple language and relatable examples, making the subject approachable for children and young adults.

To further enhance learning, the book includes interactive elements such as questions and activities at the end of each chapter. This method not only reinforces key concepts but also encourages readers to actively engage with the material, fostering a deeper understanding.

“Taxation: Essential Knowledge for Nigerian Children” is being recommended for educational institutions across Nigeria, offering a valuable resource to equip young minds with the knowledge needed for their financial futures.

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Education

WAEC announce 215,267 Results Over Exam Malpractices, Records 73.79% Pass Rate

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WAEC announce 215,267 Results Over Exam Malpractices, Records 73.79% Pass Rate

WAEC announce 215,267 Results Over Exam Malpractices, Records 73.79% Pass Rate

The West African Examinations Council (WAEC) announced the release of the 2024 West African Senior School Certificate Examination (WASSCE) results on Monday, revealing that 73.79% of the candidates achieved credit passes in at least five subjects. However, the results of 215,267 candidates, representing 11.92% of the 1,805,216 candidates who took the exam, have been withheld due to various cases of examination malpractice.

Dr. Amos Dangut, Head of WAEC Nigeria, stated that the 2024 exam was conducted over seven weeks, from April 30 to June 24, across Nigeria. He noted that 1,301,941 candidates, or 72.12%, obtained credits in five subjects, including English Language and Mathematics. Additionally, 93.39% of the candidates had their results fully processed and released, while 6.61% are still under processing.

Dangut attributed the withholding of results to incidents of malpractice, including the use of cell phones in examination halls and organized cheating in certain schools. The number of withheld results this year is 4.37% lower than in 2023, where 16.29% of results were withheld.

Investigations into the malpractice cases are ongoing, and decisions will be made by the appropriate WAEC committee. Candidates whose results have been withheld will be informed through their schools, and they have the option to appeal via the WAEC website.

Furthermore, Dangut highlighted that the results of candidates from states owing the council will not be released until the debts are settled. The WASSCE was conducted in four WAEC member countries: Nigeria, Gambia, Sierra Leone, and Liberia.

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