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TERTIARY INSTITUTIONS SHORTCHANGING STUDENTS WITH STUDENT LOANS

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Recent investigations into the disbursement of the Federal Government Student Loan Fund have uncovered several unethical practices by some institutions of higher learning.

According to the latest report by the Community Orientation and Mobilisation Officers (COMO), of the National Orientation Agency (NOA), schools and banks are conspiring to short-change the students.

Mallam Lanre Issa-Onilu, the Director General of the NOA, announced the findings after meeting with NELFUND Managing Director, Mr. Akintunde Sawyerr, over the weekend. Initial reports indicated that certain university officials have been withholding vital information regarding loan disbursements, prompting immediate action from NELFUND.

The NOA’s feedback shows how specific institutions have, in connivance with some banks, deliberately delayed payments to successful student applicants for personal financial benefit. Some universities fail to acknowledge the NELFUND’s disbursements to the students. Mr. Akintunde Sawyerr confirmed that some institutions are failing to inform students about loan disbursements made in their name while still requiring them to pay tuition fees.

He stated, “Recent findings by NELFUND have shown that some institutions have received student loan disbursements directly into their accounts yet neglect to inform the affected students or record the payments in their financial records, leading to unnecessary confusion. Withholding critical financial information from students is not only unethical but also a breach of the principles on which NELFUND was founded. We are prepared to take legal action against any institution engaged in such deceptive practices.”

In response, Mallam Issa-Onilu has issued a strong warning to these institutions and collaborating banks to cease such activities.

NOA has directed its state directorates to provide further feedback from students across the country to ensure that the Federal Government takes appropriate actions against erring schools and banks.

 

Education

FG DISBURSES ₦50BN TO SETTLE ASUU AND NASU FOR EARNED ALLOWANCES

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The Minister of Education, Dr Maruf Alausa, has announced the release of ₦50 billion by the Federal Government to the academic and non-academic staff unions of federal universities for the settlement of earned allowances, as promised by President Bola Tinubu.

 

This was disclosed in a statement on Wednesday by the Director of Press at the Federal Ministry of Education, Folasade Boriowo.

 

Boriowo described the move “as yet another testament to Tinubu’s unwavering commitment to fundamentally transform Nigeria’s education sector.

“It reflects the administration’s bold resolve to transition the nation from a resource-based to a knowledge-based economy through strategic investments in education, infrastructure, and human capital.

 

“This intervention is not just a financial transaction—it is a reaffirmation of our President’s belief in the capacity of Nigerian youth and the invaluable role that academic and non-academic staff play in nurturing them,” she quoted the minister as saying.

 

“By prioritising their welfare, we are laying the foundation for a future where every Nigerian child receives highly qualitative and globally competitive education,” she added.

 

Alausa expressed Tinubu’s heartfelt appreciation to the academic and non-academic unions for their sustained trust in his administration and for fostering an atmosphere of peace and cooperation across Nigeria’s federal institutions.

 

“Notably, the country is currently experiencing one of the longest uninterrupted academic sessions in recent history—a feat attributed to the mutual understanding and shared commitment between the government and the university community,” the statement read.

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Harvard sues Trump’s administration over slashed billions in funding

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Harvard University has sued the Donald Trump administration for freezing $2.2billion in grants.

The school bemoaned what it believes is an “unprecedented and improper” control.

“The consequences of the government’s overreach will be severe and long-lasting,” Alan Garber, Harvard president, said on Monday.

The suit was filed in the federal district court in Massachusetts. It accuses the Trump administration of flouting the First Amendment and other federal laws.

The 51-page complaint is asking a federal judge to declare Trump’s “freeze order” unconstitutional and to order a reversal.

Last week, the US president announced a freeze of federal funding after Harvard refused to accept demands that the administration has said aim to address antisemitism on campus.

“The Government has not — and cannot — identify any rational connection between antisemitism concerns and the medical, scientific, technological, and other research it has frozen that aims to save American lives, foster American success, preserve American security, and maintain America’s position as a global leader in innovation,” the lawsuit said in part.

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Abia teachers to begin strike Thursday over unpaid salaries

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‎The Abia State Standing Committee of the Nigeria Union of Teachers has concluded plans to embark on strike action on Thursday over what they described as “stringent measures on teachers” by the state governor, Alex Otti.



‎They stated that the government and education stakeholders have refused to treat them well, they lamented that:

‎(1) teachers in Abia state are not paid the minimum wage in March and the teachers salary structure wasn’t used

‎(2)Teachers are still being retired by ASUBEB, despite His Excellency’s approval of the 65 years/40 years service extension. Promotions are released haphazardly without coordination.

‎(3)Non-payment of arrears to teachers in basic schools remains part of the problem. Since their colleagues in SEMB have started receiving parts of their arrears, it would be justifiable for basic school teachers to be considered as well.”

‎The strike action is expected to begin on Thursday, 24/04/2025.

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