By Promise Rotimi President Bola Tinubu has approved N70,000 as the new minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years. President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage. …
Read More »Monthly Archives: July 2024
FG Receives $751.88M from $1.5Bn World Bank Facility
By Funmi Ojo The Federal Government of Nigeria has secured $751.88 million from the recently approved $1.5 billion World Bank facility under the Nigeria Reforms for Economic Stabilisation to Enable Transformation, Development Policy Financing Programme project. According to documents from the World Bank, the loan was disbursed on June 28, …
Read More »NELFUND: Southern Students Hesitant to Apply
By Funmi Ojo The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyer, has revealed that students from the southern region of the country are hesitant to apply for the student loan scheme due to doubts about its viability. Speaking to journalists after the launch of the loan …
Read More »Tinubu Launches Education Loan Fund, Calls For Fairness
By Taiwo Niyi President Bola Tinubu has inaugurated the Nigerian Education Loan Fund (NELFUND), stating his commitment to fairness, equity, and inclusiveness. The digital disbursement exercise for the fund was launched at the State House on Wednesday, aiming to remove financial barriers to higher education for Nigerian students. President Tinubu …
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