ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 17, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Reps Invite Ministers, CBN Gov Over Abandoned Education Bank Initiative

by Adebiyi Adedapo
3 years ago
in News
CBN Gov
Share on WhatsAppShare on FacebookShare on XTelegram

House of Representatives has invited the minister of finance, budget and national planning, Zainab Ahmed; the minister of education, Adamu Adamu and the governor of the Central Bank of Nigeria , Godwin Emefiele to brief it on efforts to reestablish the Education Bank in Nigeria.

Advertisement

The member representing Ohaji-Egbema/Oguta/Oru West federal constituency, Imo State , Uju Kingsley in a motion ‘Need to Establish Nigerian Education Bank in line with the Nigerian Education Bank Act,’ noted that the Education Bank was established in 1993 to provide loans for students, and was designed to replace the former Students Loans Board.

He expressed concerns that the failure to establish the bank has affected students as they lack credible sources to take loans to finance their education.

“The House is aware that according to Section 70 of the Nigerian Education Bank Act, the Bank was saddled with the responsibility of approving and disbursing loans for educational purposes, providing loans to students to finance their education in institutions of higher education, recovering loans disbursed and providing short term loans to individuals or other bodies in appropriate cases, as well as aid authors by providing them with funds for the purpose of financing the printing and publishing of the educational book, among other functions.

“The House is concerned that since inception in 1993, the Education Bank has not had a Governing Board and for over 25 years, the bank had no physical address anywhere in Nigeria neither has the Act establishing it been repealed.”

Related News

Fubara: ‘Supreme Court Should Have Decided PDP Governors’ Case’, Says Ex-ACF Scribe

6 minutes ago

Tinubu Redefining Modern Leadership, Says VP Shettima

14 minutes ago

Adopting the motion, the House mandated its Committees on Banking and Currency, and Legislative Compliance to ensure compliance.

 

Join Our WhatsApp Channel

Tags: CBN GOVERNOREmefieleReps
SendShare10172Tweet6358Share

Other News Updates

News

Fubara: ‘Supreme Court Should Have Decided PDP Governors’ Case’, Says Ex-ACF Scribe

2025/09/17
News

Tinubu Redefining Modern Leadership, Says VP Shettima

2025/09/17
News

Elumelu Cuts Short US Trip Over UBA Staff Killed In Afriland Towers Fire In Lagos

2025/09/17
News

FIRS Loses 4 Senior Staff Members To Afriland Towers Fire In Lagos

2025/09/17
News

‘Stop Blaming Tinubu, Hunger Has Always Been In Nigeria’, Bwala Fires Back At Atiku

2025/09/17
News

Oyo Government Denies Crude Oil Discovery Rumour

2025/09/17
Leadership Conference advertisement

LATEST

Fubara: ‘Supreme Court Should Have Decided PDP Governors’ Case’, Says Ex-ACF Scribe

Tinubu Redefining Modern Leadership, Says VP Shettima

Police Arrest 6 Suspected Illegal Miners In Niger

Elumelu Cuts Short US Trip Over UBA Staff Killed In Afriland Towers Fire In Lagos

FIRS Loses 4 Senior Staff Members To Afriland Towers Fire In Lagos

‘Stop Blaming Tinubu, Hunger Has Always Been In Nigeria’, Bwala Fires Back At Atiku

Oyo Government Denies Crude Oil Discovery Rumour

BREAKING: Tinubu Lifts State Of Emergency On Rivers, Restores Democratic Rule

Fubara, Lawmakers Should Work Together For Rivers’ Good — Elders Council

Italy’s Furlani Wins World Long Jump Gold In Tokyo

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.