News
Tinubu’s initiative will foster a new generation of well-educated, skilled Nigerians-Group
Joel Ajayi
The Tinubu Stakeholders Forum (TSF) has said that the newly launched Student Loan Scheme will contribute in no small measure to national development by building a generation of well-educated citizens with high level manpower tranning
The scheme, the TSF said, in a statement signed by its chairman, Ahmad Sajoh and Secretary Afolabi Josiah, will enable individuals to be self-reliant, attain their maximum educational ambition, and be useful members of the society.
“This scheme is bound to ensure that financial constraints do not deny indigent students of quality education while knowledge acquired will be useful to the country.
The group futher said: “This initiative, overseen by the Nigeria Education Loan Fund (NELFUND), marks a significant milestone in our nation’s educational history, with 103,000 successful applications out of 164,000 registered between May 25 and July 17, 2024.
“For us, the scheme underscores President Bola Tinubu’s commitment to education as a powerful tool to combat poverty and insecurity in Nigeria.
“For the avoidance of doubt, the Nigerian government has, historically, catered to students through bursaries and scholarships. While those methods have been beneficial, the current initiative promises a more structured and expansive approach, ensuring that financial constraints do not hinder any Nigerian from accessing quality education.
“Comparatively, the student loan systems in the UK and USA have long supported students in achieving their educational goals, leading to well-established and effective frameworks. So, the implementation of a similar programme in Nigeria signals a commitment to adopting best practices that have proven successful globally.
“This program is designed to not only support current students but to be a sustainable model that will serve future generations.
“President Tinubu’s initiative ensures that tuition fees are paid directly to institutions, while students receive stipends for their upkeep, thus covering all critical aspects of their educational pursuit. This initiative is poised to create a lasting impact on the educational landscape of Nigeria, fostering a generation of well-educated and skilled individuals equipped to contribute significantly to national development.”
The group also urged beneficiaries to ensure they honour their commitment in order to ensure that the programme is sustained.
“As we celebrate this landmark achievement, we urge the beneficiaries to approach this opportunity with utmost seriousness and integrity. The successful implementation and sustainability of this program rest on the responsible utilization and timely repayment of these loans.
“By honouring their commitments, beneficiaries will not only secure their own futures but also pave the way for countless other students to benefit from this scheme in the years to come.
“We at the TSF believe that this programme will be entrenched and will grow to support many generations of Nigerian students. We commend President Tinubu for his visionary leadership and unwavering dedication to making education accessible to all,” added.
Foreign news
Algeria’s Glorious Revolution: Embassy Marks 72nd Anniversary in Abuja
Joel Ajayi
The Embassy of Algeria in Nigeria has commemorated the 72nd anniversary of the country’s Glorious Revolution of November 1, 1954, with a reception in Abuja, highlighting Algeria’s liberation struggle and strengthening diplomatic relations with Nigeria.
The event, held on November 9, 2026, at Continental Suites Hotel, attracted prominent personalities, including the Speaker of the House of Representatives, Dr Tajudeen Abbas, members of the Federal Government, senior government officials, heads of diplomatic missions and other friends of Algeria.
Speaking at the reception, Algeria’s Ambassador to Nigeria, Hocine Mezoued, welcomed guests and paid tribute to the country’s freedom fighters who sacrificed their lives during the struggle for independence.
He described the November 1, 1954 revolution as the foundation of modern Algeria, noting that the sacrifices of the nation’s martyrs made it possible for the country to reclaim its sovereignty.
On Algeria’s development agenda, Mezoued said President Abdelmadjid Tebboune’s administration had continued to pursue economic reforms, diversification and national development under its New Algeria vision.
He noted that the country was recording progress in non-hydrocarbon exports, while improvements in the business environment had boosted investor confidence and attracted significant foreign investments.
On foreign policy, the ambassador reaffirmed Algeria’s commitment to non-interference, respect for national sovereignty, peaceful conflict resolution and the right of peoples to self-determination.
Addressing security challenges in the Sahel, he stressed that lasting peace could not be achieved through military measures alone, insisting that economic development, inclusive dialogue and peaceful resolution of disputes remained essential.
Turning to Nigeria-Algeria relations, Mezoued described the partnership as one founded on shared values and the commitment of both countries’ leaders to advancing African development.
He identified the Trans-Saharan Highway, Trans-Saharan Gas Pipeline and Trans-Saharan Fibre Optic Backbone as major strategic projects receiving attention from both countries.
The ambassador also disclosed that Algeria had continued to provide scholarships to Nigerian students to strengthen human capital development and capacity building.
He further announced that Air Algérie expanded its Nigerian operations on October 26, 2026, with the introduction of two weekly flights to Lagos, expressing confidence that the service would boost trade and tourism.
Looking ahead, Mezoued said 2027 would offer fresh opportunities to deepen bilateral cooperation, particularly through the fifth Joint High Bi-National Commission scheduled to hold in Abuja.
He expressed optimism that the meeting would provide an opportunity to assess existing partnerships, identify new areas of cooperation and move Nigeria-Algeria relations towards a more practical and results-driven phase.
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