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FCT minister presents N64bn proposal for 2022 budget
The Minister of Federal Capital Territory, Malam Mohammed Bello, has disclosed that the FCT would spend the sum of N64,861,604,695.00, for its 2022, National Priority Projects.
Mr Anthony Ogunleye, Chief Press Secretary to the minister, in a statement in Abuja, said Bello made the disclosure when he presented the FCT’s 2022 National Budget to the Joint Senate and House Committees on the FCT at the National Assembly.
The minister explained that the figure was contained in the 2022 Appropriation Bill presented to the National Assembly by President Muhammadu Buhari on Oct. 7.
Bello added that the National Budget estimate of the FCT leveraged the 2021-2022 Medium Term National Plan (MTNDP) of the Federal Government.
He also said that the priority of the of the MTNDP was the completion of on-going critical projects that would have the greatest impact on the citizenry.
According to him, the 2022 FCT budget estimates targets the sustained completion of 18 priority projects both within the Federal Capital City (FCC) and the satellite towns.
“Some of these priority projects include the installation of solar street lights along various roads in the satellite towns; provision of roads, water and electricity supplies to the resettlement site of Galuwyi Shere (Phase II).
“Rehabilitation and upgrading of street lighting facilities within the FCC; Design/ construction of dam, treatment plant, tanks and other bulk water supply infrastructure to Karshi; Abuja Light Rail Transit Phase II Addendum 1-2 (2)
” And the Rehabilitation of Federal Government Buildings amongst others,” he said.
Speaking further on the importance of some of the projects, Bello said that the construction of the Mpape –Shere Galuwyi road was a bold initiative of the FCT Administration to ensure a successful resettlement process of original inhabitants in about 16 communities.
” While the implementation of the Abuja Light rail Mass transit Phase II Addendum 1-2 (2) will fund the completion of a remaining 5.76km rail line thereby extending the rail line from Baizango to the Kubwa station.”
He said that the Greater Abuja Water supply project was a bilateral initiative to enhance water supply in the FCT and its implementation would extend the supply of potable water to 33 Districts covering Gwarimpa, one and two Utako, Dutse, Gudu Kaura, Wuye, Mabushi, Jahi, Kado , Karmo, Lokogoma, Kabusa, Dape amongst others.
On the performance of the 2021 National Budget, Bello said that the 2021 Appropriation Act had allocated the sum of N37, 430,762,421.00 for infrastructure development activities of the FCT Administration as of date.
The minister said, a total sum of N30,147,069,087.06 had been released representing a budget performance of 81 per cent.
” While the actual utilisation as at September 30 2021 stood at N18,350, 329,852.46 representing 60% of the sum released.”
Bello disclosed that there was a need to increase the FCT’s budgetary allocation, saying that the FCT should be considered as a national project.
He also said that the FCT was performing well in its revenue generation drive as it was now only second to Lagos State in Internally Generated Revenue (IGR).
Members of the FCT team to the National Assembly includes; the FCT Minister of State, Dr Ramatu Aliyu, FCT Permanent Secretary, Mr Olusade Adesola, Chief of Staff to the FCT Minister, Malam Bashir Mai-Bornu, among others
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NELFUND: The Renewed Hope Engine Propelling Nigeria’s Youth into Tomorrow
By Dayo Israel, National Youth Leader, APC
As the National Youth Leader of the All Progressives Congress, I have spent most of my tenure fighting for a Nigeria where every young person, regardless of their ward or local government, family income, or circumstance, can chase dreams without the chains of financial despair.
Today, that fight feels like victory, thanks to the Nigerian Education Loan Fund (NELFUND). Launched as a cornerstone of President Bola Ahmed Tinubu’s Renewed Hope Agenda, this initiative isn’t just a policy tweak; it’s a revolution. And under the steady, visionary hand of Managing Director Akintunde Sawyerr, NELFUND has transformed from a bold promise into a roaring engine of opportunity, disbursing over ₦116 billion to more than 396,000 students and shattering barriers for over a million applicants.
Let’s be clear: NELFUND was always destined to be a game-changer. Signed into law by President Tinubu on April 3, 2024, it repealed the outdated 2023 Student Loan Act, replacing it with a modern, inclusive framework that covers tuition, upkeep allowances, and even vocational training—ensuring no Nigerian youth is left on the sidelines of progress.
But what elevates it from groundbreaking to generational? Leadership. Enter Akintunde Sawyerr, the diplomat-turned-executioner whose career reads like a blueprint for results-driven governance. From co-founding the Agricultural Fresh Produce Growers and Exporters Association of Nigeria (AFGEAN) in 2012—backed by icons like former President Olusegun Obasanjo and Dr. Akinwumi Adesina—to steering global logistics at DHL across 21 countries, Sawyerr brings a rare alchemy: strategic foresight fused with unyielding accountability.
As NELFUND’s pioneer MD, he’s turned a fledgling fund into a finely tuned machine, processing over 1 million applications since May 2024 and disbursing ₦116 billion—₦61.33 billion in institutional fees and ₦46.35 billion in upkeep—to students in 231 tertiary institutions nationwide. That’s not bureaucracy; that’s brilliance.
Sawyerr’s touch is everywhere in NELFUND’s ascent. Since the portal’s launch, he’s overseen a digital ecosystem that’s as transparent as it is efficient—seamless verification, BVN-linked tracking, and real-time dashboards that have quashed misinformation and built trust. In just 18 months, the fund has empowered 396,252 students with interest-free loans, many first-generation learners who might otherwise have dropped out.
Sensitization drives in places like Ekiti and Ogun have spiked applications — 12,000 in a single day in one instance, while expansions to vocational centers in Enugu pilot the next wave of skills-based funding. And amid challenges like data mismatches and fee hikes, Sawyerr’s team has iterated relentlessly: aligning disbursements with academic calendars, resuming backlogged upkeep payments for over 3,600 students, and even probing institutional compliance to safeguard every kobo. This isn’t management; it’s mastery—a man who doesn’t just lead but launches futures.
Yet, none of this happens in a vacuum. President Tinubu’s alliance with trailblazers like Sawyerr is the secret sauce securing Nigeria’s tomorrow. The President’s Renewed Hope Agenda isn’t rhetoric; it’s resources—₦100 billion seed capital channeled into a system that prioritizes equity over elitism. Together, they’ve forged a partnership where vision meets velocity: Tinubu’s bold repeal of barriers meets Sawyerr’s boots-on-the-ground execution, turning abstract policy into tangible triumphs. It’s a synergy that’s non-discriminatory by design—Christians, Muslims, every tribe and tongue united in access—fostering national cohesion through classrooms, not courtrooms.
As Sawyerr himself notes, this is “visionary leadership” in action, where the President’s political will ignites reforms that ripple across generations.
Why does this matter to us, Nigeria’s youth? Because NELFUND isn’t handing out handouts—it’s handing out horizons. In a country where 53% of us grapple with unemployment, these loans aren’t just funds; they’re fuel for innovation, entrepreneurship, and endurance.
Picture it: A first-generation polytechnic student in Maiduguri, once sidelined by fees, now graduates debt-free (repayments start two years post-NYSC, employer-deducted for ease) and launches a tech startup. Or a vocational trainee in Enugu, equipped with skills funding, revolutionizing local agriculture. This is quality education that endures—not fleeting certificates, but lifelong launchpads. Sawyerr’s focus on human-centered design ensures loans cover not just books, but bread—upkeep stipends of ₦20,000 monthly keeping hunger at bay so minds can soar. Under his watch, NELFUND has debunked doubts, refuted fraud claims, and delivered results that scream sustainability: Over ₦99.5 billion to 510,000 students by September, with 228 institutions on board.
As youth leaders, we see NELFUND for what it is: A covenant with our future. President Tinubu and MD Sawyerr aren’t just allies; they’re architects of an educated, empowered Nigeria—one where poverty’s grip loosens with every approved application, and innovation blooms from every funded desk. This isn’t charity; it’s an investment in the 70 million of us who will lead tomorrow.
We’ve crossed one million applications not because of luck, but leadership—a duo that’s turning “access denied” into “future unlocked.”
To President Tinubu: Thank you for daring to dream big and backing it with action.
To Akintunde Sawyerr: You’re the executor we needed, proving that one steady hand can steady a nation.
And to every Nigerian youth: Apply. Graduate. Conquer.
Because with NELFUND, your generation isn’t just surviving—it’s thriving, enduring, and eternal.
The Renewed Hope isn’t a slogan; it’s our story, now written in scholarships and success. Let’s keep turning the page.
Dayo Israel is the National Youth Leader of the All Progressives Congress (APC).
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