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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

Egbin Power, FIPL to Host Sahara Power Academy

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Sahara Power Academy

By Modupe Gbadeyanka

A transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation nationwide has been launched by Sahara Power Group.

This programme, known as the Sahara Power Technical and Innovation Academy (SPTIA), will be hosted by Egbin Power and First Independent Power Limited (FIPL), two of Nigeria’s leading power generation companies and members of the Sahara Power Group.

It was created as part of the company’s vision to deliver reliable and sustainable energy through a combination of infrastructure investment and human capital development, ensuring that Nigeria’s energy future is powered by both innovation and indigenous expertise.

Fifty graduate engineers will undergo a rigorous 10-month programme that combines intensive classroom learning with hands-on, on-the-job training across critical generation assets.

Participants will be exposed to real-time plant operations, maintenance systems, and industry best practices, positioning them for impactful careers in the power sector.

A strong emphasis will also be placed on safety as a core pillar of the academy.  The trainees will undergo mandatory safety modules covering industry standards and safe work practices, complemented by practical, scenario-based sessions.

This approach is designed to instil a safety-first culture and ensure that all participants are equipped to operate confidently and responsibly beyond compliance within the Plant environment.

At the end of the programme, top-performing trainees will be deployed across Sahara Power Group’s businesses, including Egbin Power, FIPL, and upstream operations, while others will be released into the broader Nigerian electricity labour market as part of the Group’s commitment to strengthening sector-wide capacity.

The Managing Director of Sahara Power Group, Mr Kola Adesina, said the initiative represents a deliberate investment in Nigeria’s future and a strategic response to the sector’s talent needs.

“We are committed to powering Nigeria not just through infrastructure, but through people. This academy reflects our belief that the future of sustainable energy delivery must be driven by skilled, young professionals who understand the local operating environment,” he stated.

“Egbin Power and FIPL provide the ideal platforms for this initiative, given their track record of operational excellence and technical depth. By leveraging these assets, we are creating a pipeline of engineers who are not only technically sound but also industry-ready from the outset,” he added.

Mr Adesina further charged the trainees to work as a team and ensure that the training programme brings out problem-solving skills that will enable them to contribute to human development and the progress of the power sector.

“We are here to truly and responsibly make a difference. We are here to look around our environment, and we are curious enough to see how we can make things better. We believe you are to make things better and add value to the sector,” he said.

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Education

Conference on Investing in Boys for Stronger Families, Communities Holds in Ibadan

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Boys Aid Network

By Aduragbemi Omiyale

A conference with the theme Flourish and Thrive: Investing in Boys for Stronger Families and Communities will take place at the Local Government Training School, Secretariat, Agodi, Ibadan, Oyo State, on Thursday, May 14, 2026.

The programme, in its second edition, is part of activities lined up to mark the 2026 International Boys’ Day Conference. It is being put in place by Boys Aid Network to confront a question many institutions have quietly ignored: Who is intentionally preparing the next generation of boys for the realities of leadership, responsibility, and manhood?

Expected to grace the occasion are educators, mentors, advocates, parents, and students.

The speakers include Jesudamilare Adesegun-David, Co-founder of Enovate Lab; Samson Folarin, Editor of Punch Newspaper Weekend Titles; Oluseye Joseph, Founder of EnterpriseCEO; Barrister Dotun Akinsanmi, Managing Partner at Dotun Akinsanmi LP; and media personality, Folakemi Arowolo, popularly known as Folakemi Mighty.

The convener, Barrister Olufunke Oyinlola, described the initiative as a deliberate effort to create safe and transformational spaces for boys to learn, reflect, and engage in meaningful conversations about their future.

“Too many boys are growing up without guidance, without safe spaces to express themselves, and without people intentionally helping them navigate the realities of life. This conference is our response to that challenge. We want boys to know that they are seen, valued, and capable of becoming responsible men who positively influence their families and communities,” she stated.

She added that the conference is ultimately about helping boys see possibilities differently and exposing them to conversations that can shape their confidence, choices, and sense of purpose.

More than 300 secondary school boys from across Oyo State are expected to participate in the event, which is organised in partnership with the Oyo State Ministry of Education, Science and Technology. The programme will combine keynote sessions, mentorship conversations, interactive learning, and a spelling bee competition aimed at boosting confidence and intellectual engagement.

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Education

Nollywood Star Alex Ekubo Dies

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Alex Ekubo

By Modupe Gbadeyanka

A popular Nigerian actor, Alex Ekubo, has reportedly passed away after a protracted illness.

According to reports, the movie star died after a battle with cancer, which kept him away from public glare and social media.

Last year, some of his fans expressed concerns over his sudden absence from social media, asking about his whereabouts.

On Tuesday evening, news about his demise flooded the blogosphere.

One of the sympathisers, Peter Okoye of the P-Square fame, wrote a Rest in Peace on the Nollywood star’s picture on X, formerly known as Twitter, confirming his death.

Several personalities and others have also expressed shock over the passing of the 40-year-old entertainer, who dazzled many with his acting skills.

During his lifetime, Alex Ekubo, who was said to have died of cancer, won several awards.

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