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NELFUND Begins Disbursement of Monthly Stipends to 20,371 Students in Six Institutions

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NELFUND has commenced disbursement of N20,000 monthly stipends to 20,371 students following President Tinubu’s N50 billion commitment.

The Nigerian Education Loan Fund has commenced the disbursement of N20,000 for the month of July to 20,371 students in six institutions.

This comes after President Bola Tinubu, on Sunday committed the sum of N50 billion to the student loan programme.

A statement released by the Fund listed the institutions to include Bayero University Kano; Federal University, Dutsin-Ma; University of Ilorin; University of Benin; University of Ibadan and the University of Maiduguri.

Signed by its Director of finance, Ibom Uche, the Fund stated that it was working towards the commencement of the payment process for students from approximately, “55 additional tertiary institutions.

“It is anticipated that this will be concluded within the next two weeks as the fund is committed to ensuring that all eligible students receive their stipends promptly.”

“It is noteworthy that the President only Sunday committed a further 50 billion Naira from recovered proceeds of crime.”

The student loan scheme is Tinubu’s flagship project in the education sector.

APC Chairman Ganduje Urgess Indigent Students To Apply For Education Loan Fund

Nigeria To Commence Disbursement Of Education Loan By September

Barely a month after his inauguration as president, Tinubu had signed the Access to Higher Education Act, which creates a legal framework for granting loans to indigent or low-income Nigerians to facilitate the payment of their fees in Nigerian tertiary institutions.

 

NELFUND is saddled with the responsibility of handling all loan requests, grants, disbursement, and recovery.

 

The Fund, according to the Act, is to be funded from multiple streams and would engage in other productive activities.

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Education

Tertiary Institutions to Exit IPPIS Payroll Platform, as Accountant-General Issues Guidelines

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By Elizabeth Okwe and Ojone Grace Odaudu 

In line with the long-standing agitations by the Academic Staff Union of Universities (ASUU), the federal government has rolled out guidelines for the removal of federal tertiary institutions from the Integrated Personnel and Payroll Information System (IPPIS).

The IPPIS is a centralised payroll system the federal government introduced in 2006 to manage the salaries of public sector employees.

Administered by the office of the accountant-general, the platform had increasingly accommodated federal tertiary institutions by 2016.

It however became a subject of heated protests for many public tertiary institutions that alleged unilateral manipulation and fraud.

Administrators across universities, polytechnics, and colleges of education argued that its centralised nature eroded the powers of provosts and governing councils since the head of the civil service often had to determine what staffers were employed and when.

The Academic Staff Union of Universities (ASUU) proposed the Unified Treasury Accounting System (UTAS) proposed as an alternative.

Oluwatoyin Madein, the accountant-general of the federation, has now issued a circular effectively setting out a guideline for the removal of federal tertiary institutions from the IPPIS payroll platform.

The move, he said, was approved by the Federal Executive Council (FEC) for institutional autonomy and efficient payroll management.

The circular highlighted an exit strategy for the tertiary institutions and mandated that the affected institutions immediately comply.

Madein said the payroll for the public institutions will be processed by the IPPIS for October ahead of the exit in November 2024.

He said the institutions would now process the payrolls themselves while the IPPIS department of accountant-general’s office vets them.

The accountant-general said payment will be through the Government Integrated Financial Management Information System (GIFMIS).

Madein said institutions must fill out and submit GIFMIS enrolment forms to personnel handling payroll-related roles before October 21.

He said the forms will grant access to the personnel cost budget line for each institution on the GIFMIS platform.

On outstanding financial obligations that have been the subject of protests, the circular instructed federal tertiary institutions to compile data on promotion/salary arrears and forward them to the budget office of the federation for onward further processing and resolution.

Madein said the bank details of the employees must be validated and uploaded on the GIFMIS platform within the specified timeframe.

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Education

Glisten Academy Felicitates with Muslims on Eld-el- Maulud

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* Emphasis on the need for selfless service, integrity and social justice

By Ojone Grace Odaudu

As Muslims in Nigeria join others all over the world to celebrate Eid-el-Maulud, the birthday of the Holy Prophet Muhammad (PBUH), the management of Glisten International Academy, Abuja has charged the people to reflect on his exemplary life of compassion, integrity and humility.

In a statement by the institution to felicitate with the Muslim community, the Academy said the ceremony will be more significant if the people strive to embody the values of patience, generosity and justice in the society.

The Eid-el-Maulud celebration, according to the statement, should remind the people of the importance of kindness, honesty and dedication to serving others selflessly.

Dr Samira Jibir
Proprietress, Glisten International Academy

“As we mark the birth of Prophet Muhammad (peace be upon him), we reflect on his exemplary life of compassion, integrity, and humility. This occasion reminds us of the importance of kindness, honesty, and dedication to serving others. Let’s strive to embody the values of patience, generosity and justice in our communities”, the Academy wrote in its statement.

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Education

Pegging WASSCE/NECO Candidates’ Ages Detrimental to Children’s Development – NAPPS

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By Ojone Grace Odaudu

Proprietors of Private Schools have expressed concern over the Federal Government’s directive to peg the age of the West African Examination Council (WAEC) and National Examination Council (NECO) candidates.

Alaka Lukman, Chairman of the National Association of Proprietors of Private Schools (NAPPS), Lagos Chapter, expressed this concern in an interview with the Newsmen in Lagos.

The Federal Government recently directed that candidates under the age of 18 years will no longer be allowed to sit for the West African Senior School Certificate Examination (WASSCE) and National Examination Council (NECO).

Lukman said that pegging the age limit for the candidates for the examinations would lead to delaying and denying some students access to higher education when they complete their secondary education.

Dr Samira Jibir
National President, NAPPS

“The policy of the government gives us room for concern. We believe that the government is only focusing on maturity of the students.

“But this is just one of the mental development of any human being.

“Maturity does not come by age alone. This policy can prove detrimental to brilliant students that finish secondary before they clock 18 years.

“Will they have to wait two years extra, before taking WAEC?

“There is need for the government to give the directive a second thought because it may not be the best for the system and can lead to frustration.

“The development can also lead to potential disparities in students’ educational outcomes, as not all students may have the same opportunities or resources to continue their education until they reach the age of 18.

“Our government should consider the mental health of our students, some are presently facing the pressure of how to quickly go through secondary school because of the financial position of their parents,” he added.

The NAPPS president suggested that the government should rather peg the entry age for students getting into university.

He said admission into university should not be for people at any age.

According to Lukman, the policy will breed teenagers with idle hands roaming about the streets, adding that this can prove detrimental, if an alternative way of engaging these teenagers is not provided.

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