Connect with us

NEWS

Students Loan Scheme Suffers Another Setback

Published

on

In a surprising turn of events, the eagerly anticipated launch of the Nigerian Students Loan Scheme has been abruptly postponed by the Federal Government.

Executive Secretary, the Nigerian Education Loan Fund (NELF), Akintunde Sawyer disclosed this unexpected development during a detailed interview with Arise News on Tuesday.

Scheduled to kick off this Thursday, the Nigerian Students Loan Scheme is now facing another setback.

Sawyer attributed the delay to ongoing corrections required for the launch.

He said, “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.”

BIZTELLERS recalls that in June 2023, President Bola Tinubu endorsed a bill initiated by former Speaker Femi Gbajabiamila, establishing a Students Loan Fund offering interest-free loans for higher education in Nigeria.

Initially slated for a September-October 2023 launch, President Tinubu later announced a delay, pushing the scheme’s commencement to January 2024, following a missed deadline the previous year.

In January, Minister of State for Education, Yusuf Sununu, declared the readiness of the Student Loan Scheme program during a meeting.

This encompassed the completion of preparations, including the establishment of the Student Loan Scheme website and strategic planning for the program’s launch.

Receiving leaders of the National Association of Nigerian Students (NANS) at the State House in Abuja, President Tinubu assured them that the program would commence once enhancements, such as the incorporation of vocational studies, were finalized.

 

 

3 Comments
0 0 votes
Article Rating
Subscribe
Notify of
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Lasvegas168 จะมีอะไรให้เล่นบ้าง

821220 370941Deference to web site author , some excellent entropy. 8080

UOBilad
7 months ago

442609 109936Spot up for this write-up, I in fact feel this superb site requirements a great deal much more consideration. Ill more likely be once again to read considerably a lot more, thank you that details. 490199

psilocybin chocolate bar purchase

989988 652201Empathetic for your monstrous inspect, in addition Im just seriously great as an alternative to Zune, and consequently optimism them, together with the very great critical reviews some other players have documented, will let you determine whether it does not take appropriate choice for you. 700067

NEWS

Aiboni Emerges Shell’s First Nigerian, Female EVP/Country Chair

Published

on

Global energy major, Shell has appointed former Managing Director of Shell Nigeria Exploration and Production Company Limited (SN EPCo), Elohor Aiboni, as Executive Vice President and Country Chair Nigeria.

The appointment makes her the first Nigerian and first woman to hold the combined position in the company’s more than six decades of operations in the country.

The appointment takes effect from August 1, 2026.

Aiboni succeeds outgoing Executive Vice President and Country Chair Nigeria, Marno de Jong, who is leaving Shell after a distinguished 34-year career with the company.

Aiboni brings a rare blend of operational, technical and international leadership experience gained across Nigeria, Kazakhstan and Brunei.

With over 24 years in the Shell Group, Aiboni has built an impressive record across the company’s offshore, shallow-water and onshore operations.

ALSO READ: NNPC Ltd, TotalEnergies Extend Methane Reduction Partnership by Two Years

In 2021, she made history as the first female Managing Director of SNEPCo, Shell’s deepwater subsidiary in Nigeria, becoming the first woman to lead a Shell exploration company in Nigeria.

Under her leadership, the flagship Bonga deepwater asset achieved the landmark production of its one-billionth barrel of oil in 2023 while maintaining strong operational performance.

She later moved to Brunei Shell Petroleum in 2024 as Asset Director, where she has been responsible for asset performance, production delivery and project execution.

Industry observers view her return to Nigeria as a strategic move at a critical period for Shell’s business, as the company advances major investment projects including Bonga North and offshore gas developments aimed at boosting Nigeria’s energy output.

Announcing the transition, Marno de Jong expressed confidence in his successor’s ability to build on recent gains.
“I leave with fond memories of warm friendships and strong support from colleagues in Shell and our partners. I’m confident that Shell operations in Nigeria will continue to deliver value and growth under Elohor, given the strong leadership credentials she brings to the roles,” he said.

De Jong, who joined Shell in 1992, led the company’s Nigerian operations through a period of significant transformation, overseeing strong performance at the Bonga asset and helping advance key investment decisions, including the HI gas project and the Bonga North development.

Responding to her appointment, Aiboni pledged to build on the foundation laid by her predecessor.

“I’m excited at the opportunity to continue to contribute to the efficient delivery of Shell’s business in Nigeria and thereby power progress in a country we’ve been part of for more than 60 years. Marno has led from his heart these six-plus years, sustaining operations and breaking new ground in project delivery and growth. It’s a legacy I’m keen to build on with the support of colleagues and other stakeholders,” she said.

Aiboni’s appointment further reinforces the growing influence of Nigerian professionals in the global energy industry and represents a major milestone for diversity and local leadership within Shell’s worldwide operations.

Continue Reading

NEWS

NUPRC Projects 1.9m bpd Crude Oil Production

Published

on

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed confidence that Nigeria can increase crude oil production to 1.9 million barrels per day (bpd), following recent gains that pushed output to a peak of 1.86 million bpd in May.

The Commission Chief Executive, Oritsemeyiwa Eyesan, made teh disclosure on Wednesday at a meeting with the Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, at the NRS headquarters in Abuja.

In a statement, Eyesan said the country’s oil sector has returned to a growth path, noting that production is steadily improving despite existing challenges.

“We are back to production. We are ramping up now, and we want to continue working,” she said.

She said addressing infrastructure gaps and improving asset integrity across the sector would be critical to sustaining output growth.

ALSO READ: Dangote Refinery Inspires Future Engineers as FUTO Students Experience Africa’s Largest Industrial Complex

“We still recognise the constraints. Infrastructure and asset integrity are major constraints, but we will work on these,” she added.

Eyesan also noted that human capacity development in the sector remains important for sustaining production expansion.

The meeting focused on strengthening collaboration between NUPRC and the Nigeria Revenue Service to improve transparency, accountability and efficiency in revenue collection from the oil and gas industry.

She commended reforms at the revenue agency, noting that the transition under the new framework had been smooth.

Eyesan said the commission remains focused on creating an enabling environment for investors and operators in the petroleum sector.

“We are here to enable their businesses, ensure that they survive, and that they succeed. And we want to grow the pie because when you grow the pie, everybody benefits,” she said.

She also disclosed that digitisation of NUPRC operations has been largely achieved as part of its reform agenda.

Responding, NRS Chairman Dr. Zacch Adedeji pledged continued collaboration with the commission to boost revenue generation and strengthen transparency in the petroleum sector.

“It is in the interest of Nigeria that we work together to grow revenue for the country in a transparent manner,” he said.
He added that the NRS would continue supporting royalty collection and other revenue processes in the upstream petroleum industry.

Continue Reading

NEWS

IPOB Claims Members Died in Custody, Announces Major Leadership Overhaul

Published

on

Kanu’s Trial: IPOB Reactivates Sit-at-Home Order

The Indigenous People of Biafra (IPOB) has alleged that some of its members died while in detention, as the group announced a major restructuring of its leadership and pledged to prioritise the welfare and release of detained members.

The development was disclosed in a statement issued on Wednesday from Langerfeld, Germany, and signed in the name of IPOB leader, Nnamdi Kanu.

The statement, made available through the group’s spokesperson, Emma Powerful, also confirmed the dissolution of the third administration of IPOB’s Directorate of State (DOS) and the inauguration of a new leadership team.

SEE MORE: “We Close Our Case”— FG Ends Terrorism Trial Against IPOB’s Kanu

According to the group, the decision followed a review of the outgoing administration’s performance, particularly its handling of issues concerning members being held in detention facilities across Nigeria.

IPOB expressed concern over what it described as the prolonged detention of hundreds of its members, especially those allegedly being held without trial at Wawa Military Barracks in Niger State.

“The most grievous failure of the outgoing administration was its inability to prioritise the welfare and liberation of hundreds of Biafrans detained across various detention facilities, particularly those held for years without trial at Wawa Military Barracks in Niger State,” the statement read.

The group further alleged that many detainees had suffered severe hardship, while some reportedly died in custody.

“No movement that claims to stand for justice can neglect those who paid the highest price for their commitment. The abandonment of detained Biafrans represents a profound dereliction of the duty of care owed to every member of the IPOB family,” the statement added.

IPOB also accused the dissolved leadership of focusing on internal disputes and factional disagreements rather than prioritising diplomacy, legal advocacy, prisoner welfare and strategic planning.

As part of the restructuring, US-based Chris Nwaọgụ was named head of the fourth administration of the Directorate of State and is expected to oversee the administration and day-to-day affairs of the movement under Kanu’s authority.

Other appointments announced by the group include Solomon Egbo as Deputy Head, Nnennaya Anya as Head of Finance and Budget Planning, Chigozie Okekenta as Coordinator of Coordinators, Chukwudi Nwogwugwu as Head of Medical and Welfare Planning, and Ikechukwu Onuoha as Head of Media.

The organisation also unveiled an Elders Advisory Council, which it said would provide strategic guidance and institutional support to both Kanu and the newly appointed leadership team.

In addition, IPOB disclosed that officers previously appointed by Kanu had been restored to their positions pending administrative review, while previous suspensions and expulsions had been set aside.

The group urged its members and supporters around the world to remain disciplined and cooperate with the new administration as it seeks to reposition the movement and strengthen internal unity.

Founded in 2012 by Nnamdi Kanu, IPOB advocates for the restoration of an independent Biafra state in Nigeria’s South-East region.

While the group insists its agitation is peaceful and based on self-determination, the Federal Government has repeatedly accused it of involvement in violent activities and secured a court order proscribing it as a terrorist organisation in 2017.

IPOB continues to reject the allegations and challenge the proscription.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

3
0
Would love your thoughts, please comment.x
()
x