Connect with us

Education

Reps Move To Provide Interest-Free Loans For Youths

Published

on

Why You Should Buy YouTube Views Cheap

The senate yesterday began procedures to set up a scheme that will grant less privileged youths  interest free loans to finance their studies.

The move was made when the House passed for a second reading, a “Bill for an Act to provide easy access to higher education for Nigerians through Interest-free Loan with a view to providing education for all Nigerians and other purposes connected thereto.”

Making a passionate plea for the support of the bill while leading debate on its general principles, the minority leader, Hon. Femi Gbajabaiamila (ACN) Lagos said “the younger generation will ask what Nigeria has done for it,” if nothing is done to help them achieve their goals, hence the need to invest in the future of the country by increasing more access for to higher education.”

Contributing to the merits of the bill, Hon. Nnenna Ukeje (PDP) Abia, opined that education is worth more than money as empowerment was more than “dashing out motorcycles to youths.”

If the bill is passed into law, it will amongst other things, give indigent students interest free loans and make those loans payable three years after the mandatory National Youth Service Corps (NYSC).

Regarding the funds meant to service the loan, Hon Fort Dike (PDP) Anambra, said members should look towards the consolidated revenue fund and “identify areas that were important to the bill so as to design a framework for servicing such loan.”

 

Visit http://www.collegemarket.com.ng/ to post FREE ADVERT of your goods and services, click on “POST AN AD” button to post ads.

Continue Reading
2 Comments

2 Comments

  1. Ogundare Olusegun

    May 3, 2013 at 2:28 pm

    This bill is good, i like and support it.
    However, I also wish to appeal to our legislators that, they should also consider some graduates who want to go into business, some are actually in the business but they are cash strapped, such people should also be considered for a loan, if they cannot offer interest free loan at least loan with minimal interest, should be considered for such people and that will sure enhance job creation that has been hammering by our leaders…

  2. Sesan Bernard

    May 3, 2013 at 5:22 pm

    What a bill of great benefits to Nigerians’ future! May the Lord strenghten our legislators to achieve it,so as to build a better Nigeria,through eradication of joblessness,poverty that have given to crimes.

Leave a Reply

Your email address will not be published. Required fields are marked *

Education

Ondo To Reopen Schools November 2nd

Published

on

Ondo To Reopen Schools November 2nd

Rotimi Akeredolu

Governor of Ondo State, Rotimi Akeredolu has approved the reopening of schools for all classes in public and private schools across the state beginning from Monday, November 2.

This was disclosed on Thursday by the state Commissioner for Education, Science, and Technology, Pastor. Femi Agagu.

He expressed that the state has become peaceful following the unrest that trailed the #EndSARS protest.

Also Read: BREAKING: Public, Private Schools Can Reopen Monday – Lagos Govt

Recall that the state government had earlier directed schools to reopen on October 19 after seven months of closure due to COVID- 19 outbreak.

But the schools were shut days after when the #EndSARS protest broke out.

Continue Reading

Education

BREAKING: Public, Private Schools Can Reopen Monday – Lagos Govt

Published

on

Lagos Govt Relaxes Curfew From 10pm To 6am
BREAKING: Public, Private Schools Can Reopen Monday - Lagos Govt

Babajide Sanwo-Olu

The Lagos State Government on Thursday directed all public and private schools in the state to reopen all classes for academic activities.

Recall that schools were closed following the outbreak of violence that trailed the #EndSARS protests in the State.

The government directed students and pupils in boarding houses to report to school on Sunday, 1st of November in preparation for the general resumption by Monday, 2nd November, 2020.

Also Read: BREAKING: Sanwo-Olu Approves Full Reopening Of Lagos Markets

The directive was contained in a statement by the Commissioner for Education, Mrs. Folasade Adefisayo which was signed by Kayode Abayomi, Head, Public Affairs, Ministry of Education.

The Commissioner advised pupils/students to take their studies more seriously in a bid to recover the lost period and thereby excel.

Continue Reading

Education

FG, ASUU Disagree On Payment Platform

Published

on

Again, FG, ASUU Unable To Agree On Payment Platform
Again, FG, ASUU Unable To Agree On Payment Platform

ASUU

The meeting between the Federal Government and the Academic Staff Union of Universities (ASUU) ended in a deadlock on Wednesday.

The union and Minister of Labour, Chris Ngige led delegation failed to agree on the payment platform to be used in disbursing the salary arrears and the N30bn Earned Allowance of the university lecturers.

According to reports, the Federal Government offered to pay the salary arrears and the N30bn Earned Allowances of the university lecturers through the Integrated Payroll and Personnel Information System (IPPIS) platform pending the roll-out of ASUU’s preferred platform, the University Transparency and Accountability Solution (UTAS).

Also Read: Why We Haven’t Called Off Strike –ASUU

However, the ASUU delegation led by National President, Prof Biodun Ogunyemi, insisted that the payment by the Federal Government should be made through the UTAS.

Following the failure to reach a consensus, the parties agreed to consult their respective principals and stakeholders.

They are to reconvene next week Wednesday.

Continue Reading

Trending