NEWS
JUST IN: FG Announces Launch Date For Student Loan Applications

The Federal Government of Nigeria (FGN) has announced that the portal for student loan applications will officially open on May 24, 2024.
This development is part of the Nigerian Education Loan Fund’s efforts to enhance access to higher education, as stated by the Fund’s media lead, Nasir Ayantogo, on Thursday night.
According to Ayantogo, the launch of the application portal is a significant step in President Bola Tinubu’s commitment to providing accessible and inclusive education for Nigerian students.
This initiative follows the signing of the Access to Higher Education Act, 2023, by President Tinubu on June 12, 2023 which aims to provide interest-free loans to financially disadvantaged students pursuing higher education in Nigeria.
Dele Alake, a member of the former Presidential Strategy Team, noted that this move fulfills one of President Tinubu’s key campaign promises to liberalize funding for education.
The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to handle all loan requests, grants, disbursements, and recoveries.
Initially, the government announced that the scheme would launch in September, but it faced several delays, resulting in an indefinite postponement in early March.
The Presidency attributed the delay to President Tinubu’s directive to expand the scheme to include loans for vocational skills.
Following a briefing from the NELFUND team led by the Minister of State for Education, Dr. Yusuf Sununu, on January 22, President Tinubu instructed the Fund to extend interest-free loans to Nigerian students interested in skill-development programs.
President Tinubu stressed the importance of including those who may not seek university education, noting that skill acquisition is equally as important as earning academic degrees.
He had said, “This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas.
“This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.
“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,”
Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.
According to the statement, the portal features a user-friendly interface, allowing students to conveniently submit their loan applications.
The statement added, “We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation. Students can access the portal on www.nelf.gov.ng to begin application.”
NEWS
FG To Launch Forensic Audit Of NNPCL Amid Economic Reforms, Says Edun

The Federal Government of Nigeria is set to launch a forensic audit of the Nigerian National Petroleum Company Limited (NNPCL), in a major move aimed at enhancing transparency and accountability in the oil and gas sector.
This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the ongoing Nigerian Investor Forum, held on the sidelines of the IMF/World Bank Spring Meetings in Washington DC.
READ ALSO: Loans Necessary For Budget Despite High Revenue Collections – Wale Edun
Edun explained that the upcoming audit, along with recent changes in NNPCL management, is part of a broader effort to reform the state-owned oil company and rebuild trust in Nigeria’s economic institutions.
Addressing top global investors, including representatives from financial giant J.P. Morgan, Edun outlined a series of bold economic reforms introduced by the administration of President Bola Tinubu.
He said the measures are already yielding positive results and have laid a strong foundation for future growth.
“Our goal is not just to maintain this momentum, but to accelerate it,” Edun said. “We are targeting seven per cent annual growth, and we believe the policies we have implemented have laid the groundwork to achieve this.”
According to Edun, Nigeria’s economy grew by 3.84% in the fourth quarter of 2024, with an overall annual growth rate of 3.4%.
He described the government’s economic strategy as “unprecedented,” adding that key indicators such as the budget deficit, trade balance, and exchange rate have all shown signs of improvement.
“We said we would do it, and now we have done it. This time, we’re staying the course,” he emphasized.
The minister also highlighted the government’s focus on agriculture as a critical driver of economic growth, saying efforts are underway to close the food supply gap by empowering local producers.
“We aim to close the food supply gap, not by importing more, but by enabling domestic producers to scale and innovate,” he said.
In the area of infrastructure, Edun announced that 90,000km of fibre optic cable has been rolled out to boost internet connectivity, especially for young Nigerians and the tech ecosystem.
Additionally, 4,000km of roads have been earmarked for private sector participation, with the first 1,000km already approved for construction.
International News
Russia Launches Deadliest Attack On Ukraine As Ceasefire Hopes Fade

In the early hours of Thursday, Kyiv was rocked by a devastating Russian missile and drone attack, described by Ukrainian officials as one of the most brutal strikes on the capital since Russia’s full-scale invasion began in 2022.
The Ukrainian air force reported that Russia unleashed 70 missiles and 145 drones overnight, targeting several cities across the country.
The barrage on Kyiv left at least nine people dead and over 60 wounded, including six children.
READ ALSO: Suspected Attack: Explosion Strikes Russian Consulate In France
Air raid sirens blared across the capital around 1:00 a.m., warning residents to seek shelter.
Moments later, loud explosions shattered the night, lighting up the sky and shaking buildings. “Phone calls can be heard from under the rubble — the search will continue until we are confident that we have found everyone,” said Interior Minister Igor Klymenko.
He confirmed that two children remained unaccounted for amid the chaos.
Rescue workers scrambled to pull survivors from under collapsed buildings. Fires broke out across multiple apartment blocks, and damage was reported in at least 13 locations.
In one tragic scene in the Sviatoshinsky district, a woman sat on a foldout chair beside a covered body, gently stroking the arm of a loved one killed in the strike.
Nearby, a bloodied woman clutched her dog as a first responder spoke calmly to her, trying to provide comfort amid the destruction.
Prime Minister Denys Shmygal condemned the assault in stark terms. “Cruise and ballistic missiles, drones, air bombs — Russia is cruelly and cynically firing missiles at Ukrainian cities, killing people while the world is making efforts to establish peace,” he wrote on social media.
The attack came just hours after Ukrainian President Volodymyr Zelensky reiterated his call for a ceasefire. “Stopping the killings is the number one task,” Zelensky stated online following a meeting between his aides and Western officials in London.
However, any momentum toward peace appeared to falter. Russian President Vladimir Putin has yet to respond to Zelensky’s offer to halt airstrikes on civilian areas and previously dismissed a joint U.S.-Ukrainian proposal for an unconditional ceasefire.
“Putin demonstrates through his actions, not words, that he does not respect any peace efforts and only wants to continue the war,” said Foreign Minister Andriy Sybiga. Echoing that sentiment, presidential aide Andriy Yermak declared, “Putin shows only a desire to kill.”
Former U.S. President Donald Trump, speaking hours before the attack, claimed a peace deal with Russia was close.
He blamed Zelensky for stalling negotiations by refusing to accept Moscow’s annexation of Crimea, stating that Ukraine’s position “will do nothing but prolong the ‘killing field’.”
Meanwhile, Russian forces expanded their offensive to other regions.
In Kharkiv, at least seven missiles struck a densely populated residential district, according to city mayor Igor Terekhov. Russia’s defense ministry also reported downing 87 Ukrainian drones, including 45 over Crimea.
Earlier this month, Russia’s campaign of aerial terror intensified. A missile strike on the city of Sumy killed at least 35 people, while another attack on Zelensky’s hometown, Kryvyi Rih, claimed 19 lives — nine of them children.
NEWS
Why NDLEA Wants Drug Tests For Corps Members, Couples

The National Drug Law Enforcement Agency (NDLEA) is intensifying its campaign against substance abuse by proposing mandatory drug integrity tests for National Youth Service Corps (NYSC) members and individuals preparing for marriage.
Chairman and Chief Executive Officer of the NDLEA, Brigadier General Mohamed Buba Marwa (Rtd), explained the rationale behind the proposal during a meeting with the NYSC leadership in Abuja on April 23, 2025.
Speaking to NYSC Director-General, Brigadier General Olakunle Nafiu, Marwa clarified that the tests are not intended to be punitive but are part of a broader strategy to curb drug abuse and intervene early in cases of dependence.
READ ALSO: NYSC Pulls Out Corps Members From Benue Community
“It is always better to detect drug use early before it gets to addiction, which eventually could get to psychiatric problems, and it becomes a danger to the user and society,” Marwa stated.
While welcoming the new NYSC chief, Marwa commended the scheme as “a national treasure and a veritable instrument of national unity.”
He highlighted the alarming rate of drug use in the country and called for collective efforts in tackling the challenge.
“The drug scourge has continued to devastate our kids, families, and communities everywhere. There’s nowhere you go in the country that you don’t have a drug abuse problem,” he said. “One in seven Nigerians between the ages of 15 and 64 uses drugs.”
Marwa emphasized that while NDLEA is working hard to restrict access and availability of drugs, reducing demand is equally important.
He urged NYSC to play a more active role in this regard.
“You have mentioned our efforts to cut off access and availability of these drugs but beyond that, we have to work with all stakeholders, including NYSC to ensure drastic reduction in the demand for drugs by our youths, and one of our strategies to address this is through our drug integrity test, which we’re advocating that NYSC should embrace for corps members.”
He also praised the introduction of the War Against Drug Abuse (WADA) clubs in NYSC camps, describing them as a positive development, while calling for further collaboration in areas such as prevention, counseling, and rehabilitation.
“This is a major drug demand reduction effort. In the same way we said, if you are getting married, both the bride and the groom should bring a drug-free certificate,” he added.
According to Marwa, early detection remains key to managing substance abuse and preventing it from evolving into more severe health or social issues.