ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, September 16, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    American Tinch Wins World 110m Hurdles Gold In Tokyo

    New Zealand’s Kerr Clinches Gold In Men’s High Jump At World Athletics Championships

    World Athletics Championships: Kipyegon Wins Historic Fourth World 1500m Gold

    NSC Pays Athletes’ Allowances, Bonuses At Tokyo World Championships

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    American Tinch Wins World 110m Hurdles Gold In Tokyo

    New Zealand’s Kerr Clinches Gold In Men’s High Jump At World Athletics Championships

    World Athletics Championships: Kipyegon Wins Historic Fourth World 1500m Gold

    NSC Pays Athletes’ Allowances, Bonuses At Tokyo World Championships

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Senate Moves To Establish Financial Aid Scheme For Students

by Sunday Isuwa
3 years ago
in News
Senate
Share on WhatsAppShare on FacebookShare on XTelegram

A bill seeking to provide for the establishment of the National Student Financial Aid Scheme scaled second reading in the Senate yesterday.

 

Advertisement

The bill sponsored by Senator Umar Sulieman (APC, Kwara North), seeks to provide a realistic framework for the success of education financing.
Suleiman, in his lead debate on the principles of the bill, said same provides for the management, governance and administration of the scheme.

According to him, the National Student Financial Aid Scheme, upon its establishment, would grant interest free loans and bursaries to eligible students at higher Institutions.

He added that it would also ensure the well-structured administration of such loans and bursaries and their recovery.

He recalled that the Nigeria Students Loan Board which was established in 1982 to help students finance undergraduate and graduate studies within and outside Nigeria, provided loans between 1972 and 1991 totaling N46 million to help students finance their education.

Related News

Police Arrest Suspected Cultists, Fish Thieves In Niger

24 minutes ago

Lenders Would Have Seized My Assets If Refinery Project Failed – Dangote

25 minutes ago

He disclosed that out of the sum, the board faced the problem of recovering outstanding loans of over N40 million, which led to the suspension of the scheme in 1992.

He stated that the Students Loans Boards was replaced in 1993 by the Nigerian Education Bank.

He explained that the Education Bank served as a major intermediary in education credit market financing, and designed to harness private sector resources for funding education.

 

The lawmaker, noted that the bill to establish the National Students Financial Aid Scheme, also seeks to repeal the existing Nigerian Education Bank.

 

The bill after consideration was referred by the Senate President, Ahmad Lawan, to the Committee on Tertiary Institutions and TETFUND for further inputs.

 

Meanwhile, a bill to establish the Federal University of Education (Technical) Bichi, also scaled second reading on Wednesday.

 

The bill was sponsored by Senator Jibrin Barau (APC, Kano North).

 

The bill after consideration was also referred by the Senate President to the Committee on Tertiary Institutions and TETFUND.

 

The committee was given four weeks to report back to the Senate in plenary.

Join Our WhatsApp Channel

Tags: Financial AidNigerian senateStudents
SendShare10175Tweet6360Share

Other News Updates

News

Police Arrest Suspected Cultists, Fish Thieves In Niger

2025/09/16
Business

Lenders Would Have Seized My Assets If Refinery Project Failed – Dangote

2025/09/16
News

Akwa Ibom Police Nab 3 Suspects In Failed Human Trafficking Bid

2025/09/16
News

JUST-IN: Fire Guts UBA Branch On Lagos Island

2025/09/16
News

Honour National Symbols, NOA Urges Nigerians

2025/09/16
News

Tinubu Congratulates Gumel, Amusan On Appointment, 2025 WAC Feat

2025/09/16
Leadership Conference advertisement

LATEST

JUST-IN: Abia Lawmaker Akaliro Dumps APC For LP Over ‘Exclusion’

Police Arrest Suspected Cultists, Fish Thieves In Niger

Lenders Would Have Seized My Assets If Refinery Project Failed – Dangote

Akwa Ibom Police Nab 3 Suspects In Failed Human Trafficking Bid

JUST-IN: Fire Guts UBA Branch On Lagos Island

American Tinch Wins World 110m Hurdles Gold In Tokyo

New Zealand’s Kerr Clinches Gold In Men’s High Jump At World Athletics Championships

Honour National Symbols, NOA Urges Nigerians

Tinubu Congratulates Gumel, Amusan On Appointment, 2025 WAC Feat

Court Affirms ICPC’s Investigative Powers Over Kano Scholarship Funds

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.