The Executive Secretary of the Tertiary Education Trust Fund, Sonny Echono has disclosed that the launch of the student loan scheme contrary to the news making round has only been postponed for a couple of weeks and not indefinitely. Echono disclosed this at the TETFUND headquarters in Abuja when the governor of Kwara state paid him a courtesy visit. He said the delay in the process is only to fine tune it such that the authorities make sure that there are no stone left unturn in the proper implementation of the scheme and to ensure that the scheme is up to standard.

The Federal Government has indefinitely postponed the launch of the Student Loan Scheme which was earlier scheduled to kick-off on Thursday, 14 March 2024. This was disclosed on Tuesday during an interview on Arise News by the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyer.

The Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union (NASU) declared on Monday their decision to embark on a seven-day warning strike, reportedly set to commence on Monday 18, March 2024. This decision was reached in a Joint Action Committee (JAC) meeting of the 2 unions as part of efforts to pressurize the Federal Government (FG) to pay the four months withheld salaries of their members, following the previous administration’s ‘No Work, No Pay’ policy over their 2022 nationwide strike.

The Federal Government has set March, 2024 as a final and new dateline for opening of the Nigeria Education Loan Fund, NELFund, popularly called students loan portal for eligible students to check in. Executive Secretary of the NELFund, Dr Akintunde Sawyerr, disclosed this during an interview with the News Agency of Nigeria this morning in Abuja urging eligible students to register on the link provided to access the fund. 

The President of the Senior Staff Association of Nigerian Universities (SSANU), Mohammed Ibrahim has appealed to the Federal Government (FG) to release the withheld 4 months salaries of its members. Recall that President Bola Ahmed Tinubu directed that workers in public universities should be paid their withheld salaries which was halted by the previous administration’s ‘No work, No Pay’ policy as result of the industrial strike embarked by universities’ unions in 2022.

The Federal Government (FG) has commenced the payment of withheld salaries of public university lecturers under the aegis the Academic Staff Union of Universities (ASUU). Multiple sources within the academic sector confirmed the development on Monday, stating that several members of the Union have began receiving credit alerts of 2 months withheld salary out of the outstanding 8 months.