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Tinubu Signs Student Loan Bill into Law

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Student Loan Bill

By Adedapo Adesanya

President Bola Tinubu has signed the Student Loan Bill into law. ⁣⁣

An aide to the president, Mr Dele Alake, disclosed this to State House Correspondents on Monday evening.⁣⁣⁣

The bill will enable Nigerian students to access loans at interest-free rates, easing the financial pressures on parents as well as helping to reduce the high rate of dropouts.

The Student Loan (Access to Higher Education) Bill, 2019, a.k.a a Bill for an Act, provides for easy access to higher education for Nigerians through interest-free loans from the Nigerian Education Fund established in this Act was sponsored by Mr Femi Gbajabiamila in 2019.

The piece of legislation passed second reading at the House of Representatives on May 25, 2023.

It will see the establishment of the Nigerian Education Fund, domiciled with the Central Bank of Nigeria (CBN), from which qualified applicants can access education loans through commercial banks in the country.

Once codified will provide, notwithstanding anything to the contrary contained in other enactments, all students seeking higher education in any public institution of higher learning in Nigeria equal right to access the loan under this Act without any discrimination arising from gender, religion, tribe, position or disability of any kind.

It shall be granted to students only for the payment of tuition fees. The grant of the loan to any student under the Act shall be subject to the students/applicant(s) satisfying the requirements and conditions set out under it.

However, this could mean that Nigeria’s heavily subsidized tertiary education may become a thing of the past.

To qualify for the student loan, the applicant’s family income must be less than N500,000 per annum. He or she will also have to provide two guarantors— Civil servants not less than level 12, a  Lawyer with at least 10 years post-call, a judicial officer or a justice of the peace.

As for repayment, beneficiaries of the student loan must commence repayment two years after the completion of the National Youth Service Corps (NYSC) scheme.

It involves 10 per cent of salaries when employed, done through direct debit from the employer, while for self-employed beneficiaries, it is 10 per cent of their profit.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Education

11 Poetry Collections Vie for 2026 Nigeria Prize for Literature

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Nigeria Prize for Literature

By Adedapo Adesanya

The Nigeria Prize for Literature has unveiled an 11-title longlist for its 2026 edition, selecting the outstanding poetry collections from a record 223 submissions received for the competition.

This was contained in a press statement signed by General Manager, External Relations & Sustainable Development, Mrs Sophia Horsfall.

The announcement, by the chairman of the Advisory Board for the Prize, Professor Akachi Adimora-Ezeigbo, marks a significant milestone in this year’s competition and reflects the exceptional quality, creativity and diversity of contemporary poetry.

The longlisted titles, arranged alphabetically, are:

1. Adult Love by Tanure Ojaide
2. Bakandimiya by Saddiq Dzukogi
3. Black Passport by Paul Akpomuje
4. 2000 Blacks by Ajibola Tolase
5. Ceremony for The Nameless by Theresa Lola
6. Corpus: Animistic Verses by Ayo Oyeku
1. Floral’s Love Colony by Tares Oburumu
2. The Origin of Wounds by Malik Gbolahan
3. The Years of Blood by Adebayo Agarau
4. Unbind Me Now by James Ugwu Eze
5. Why Does God Need a Gun by Ogaga Ifowodo

Professor Adimora-Ezeigbo described the announcement as an important stage in the 2026 edition of arguably Africa’s biggest and most prestigious literary Prize.

She noted that the collections demonstrate the remarkable capacity of poetry to illuminate human experience through thoughtful reflection, cultural memory and artistic expression.

The academic added that the works revisit history while interrogating dominant historical narratives and exposing the forces that shape collective identities and social relations.

She stated that despite their varied emphases, the books share a commitment to exploring the endurance of individuals and communities in the face of violence, oppression, and social fragmentation.

Commenting on style and language, she said the books display an impressive diversity of poetic techniques marked by lyrical intensity, symbolic depth, and artistic innovation.

“Many employ densely poetic, allegorical, and elegiac modes that invite multiple layers of interpretation, while others draw extensively on folklore, oral traditions, and contemporary realities to create a compelling fusion of past and present. Their language is generally fluid, evocative, and aesthetically refined, relying on vivid imagery, emotional resonance, and intellectual sophistication to communicate complex ideas. These works demonstrate how poetic language can illuminate social realities, challenge established perspectives, and give voice to both individual and collective experiences.

“The next stage will demand a closer reading of each work, with attention to language, form, originality and lasting literary value,” she stated.

She also commended the judges for their work and reaffirmed the Advisory Board’s commitment to a credible process, literary excellence and the promotion of a strong reading culture.

The announcement of the 11-title longlist formally opens the next phase of the shortlist of three in August and the possible announcement of the winner in October.

The Nigeria Prize for Literature, sponsored by NLNG, carries a cash award of $100,000 for the author of the winning book. In its 22nd year, the prize rotates annually across four genres – prose fiction, poetry, drama and children’s literature – with the 2026 edition devoted to poetry.

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Education

FG Slashes Textbook Ranking Fees to Support Publishers, Policy Rollout

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Textbook Ranking System

By Adedapo Adesanya

The federal government has slashed the fees for the assessment and ranking of textbooks ahead of the implementation of the National Textbook Ranking Policy scheduled to commence in September 2026.

The reduction, approved through the Nigerian Educational Research and Development Council (NERDC), was aimed at easing the financial burden on publishers and authors while facilitating compliance with the new national textbook quality assurance framework.

The decision comes ahead of the implementation of the National Textbook Ranking Policy introduced by the Minister of Education, Mr Tunji Alausa, to improve the quality and standardisation of instructional materials used in schools across the country.

Announcing the development in a statement on Wednesday, the Executive Secretary of NERDC, Mr Salisu Shehu, said the assessment fee had been reduced from N2,000 to N1,500 per page, while the ranking fee for each textbook title had been cut from N1 million to N750,000.

He said the revised fees take immediate effect and apply to all publishers and authors submitting textbooks for assessment and ranking.

Mr Shehu also disclosed that publishers who had already paid the previous assessment fee of N2,000 per page would receive refunds of the excess payments, adding that details of the refund process would be announced in due course.

He urged all stakeholders in the publishing industry to comply with the new fee regime.

“Under the policy, only textbooks that have been assessed, approved and ranked by NERDC will be approved for use in Nigerian classrooms from September 2026, while unranked textbooks will no longer be permitted,” he said.

Meanwhile, the minister explained that the initiative was designed to tackle the proliferation of textbooks in schools and ensure that teachers and learners have access to high-quality, curriculum-compliant instructional materials.

The minister restated that NERDC will continue to exercise its statutory responsibility of approving textbooks for use in schools, but that approval alone would no longer be sufficient under the new policy.

“Instead, every approved textbook will undergo a structured national evaluation and ranking process by expert committees to determine the most suitable and highest-quality books for each subject and level of education,” he said.

The minister was optimistic that the National Textbook Ranking Policy will strengthen quality assurance in education by providing schools, teachers and parents with reliable guidance on the best instructional materials for teaching and learning.

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Education

Firm, Bank Organise Free Innovators’ Camp for Children in Lagos

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STEM subjects

By Aduragbemi Omiyale

A free educational initiative to equip children with practical Science, Technology, Engineering and Mathematics (STEM) skills needed to grow, thrive and prosper in a rapidly evolving world has been put together in Lagos.

The programme, Young Innovators Camp, commenced on Monday in the Lekki area of Lagos State. It is organised by MONAT, with Fidelity Bank as the sponsor.

Participating children, who must be between 4 and 10 years, will have a hands-on learning experience focused on creativity, innovation, problem-solving and critical thinking. They will be introduced to age-appropriate STEM concepts, guided build sessions and other engaging activities designed to stimulate curiosity and encourage practical learning.

The camp will also feature small group learning with facilitators, financial literacy sessions, creative activities, and other interactive experiences that support confidence-building among participants.

Every participant will also receive a specially curated gift pack filled with educational resources and STEM learning materials to encourage continued exploration and learning at home, making the camp both a memorable and transformative experience.

The Young Innovators Camp reinforces Fidelity Bank’s ongoing investment in initiatives that prepare children and young people for the future. It builds on the bank’s education-focused interventions, including initiatives such as SWEETA, which supports children, and the lender’s broader CSR agenda, which prioritises youth empowerment, education, skills development and access to opportunities that can improve long-term outcomes for individuals and communities.

“The future will be shaped by those who can solve problems, think creatively, and harness technology to improve lives.

“At Fidelity Bank, we believe these abilities should be nurtured from an early age.

“Through the Young Innovators Camp, we are giving children the opportunity to explore science, technology, engineering and mathematics in a fun, practical and engaging way that inspires curiosity, builds confidence, and encourages innovation.

“We want every child who participates to leave believing that they have the potential not just to succeed in the future, but to help create it,” the Divisional Head of Brand and Communications at Fidelity Bank, Mr Meksley Nwagboh, said.

“As a bank committed to helping people grow, thrive and prosper, we see education, particularly STEM education, as a strategic investment in Nigeria’s future.

“Today’s young innovators will become tomorrow’s engineers, scientists, entrepreneurs, inventors and technology leaders.

“By partnering with Monat, we are investing in a generation equipped with the skills, mindset and confidence to solve real-world challenges, create opportunities, and contribute meaningfully to national development.

“This is more than a summer camp; it is about unlocking potential and inspiring the next generation of innovators,” he added.

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