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N2.18tr for Education in 2024 Budget is to reposition the sector, says Tinubu

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Graduants

President Bola Ahmed Tinubu has indicated that the N2.18tr earmarked for the education sector in the 2024 budget was deliberate to improve and reposition it
He pointed out that the sector is having the second highest sectorial allocation which is more that 80 percent higher than the 2023 allocation of N1.29trilliin.
The President who spoke in Minna, the Niger State capital on Thursday during the 41st Founder’s Day and 31st and 32nd combined convocation ceremony of the Federal University of Technology (FUT), Minna, disclosed that the aim is to address the challenges of welfare, infrastructure and other facilities that would enhance teaching, learning and innovation.
In addition to improved funding of the tertiary education in the country, he stated further that his administration has assented to the Student Loan Act, implementation which will commence in January 2024, adding that “We expect that with this, indigent students would stay in school rather than drop out as had been the case for many in the past.
“I therefore assure Nigerians that we shall continue to give this sector the necessary support because human capital development is critical to national development”.
The President who was represented by the Executive Secretary National University Commission (NUC) Professor Chinedu Nwajuba, expressed regrets that the security challenges facing the country on different fronts have necessitated the increased in the deployment of resources to address it, hence the situation has affected the availability of funds for addressing other needs.
This notwithstanding, he maintained that “We shall, however, continue to ensure that our campuses remain safe and conducive for learning”.
He also assured that his administration is committed towards having industrial harmony in our educational institutions and shall continue to dialogue with the University staff based unions to amicably resolve differences.
“While assuring them of our commitment to improving their welfare within the limits of available resources, I urge the unions to maintain the path of dialogue at all times as frequent strikes hurt us all”.
He acknowledged that the expectations of staff may not have been met as speedily as they may have wished,, “but be rest assured that I value your efforts and contributions to national development and my administration will fulfil my promises and obligations to you all”.
He congratulated the graduands for the successful completion of their programme of study in the University bringing a deep sense of fulfilment to them, immense joy to their families and loved ones and sense of fulfilment to the institution.
“It is the outcome of years of hard work and perseverance by the students, the unflinching supports by their parents and guardians, that reflects in their dedication and commitment to high ethical principles and set objectives of the institution.
“You are the strength of our nation and I believe you will continue to do us proud as I formally congratulate all of you on successful graduation”.
He further reminded the new graduates that not only have they been conferred with degrees but also have been empowered to innovate, through the entrepreneurial programs already acquired make the society better and soar in life.
“Resist the urge to succumb to the influence of undesirable groups due some inconveniencing circumstances you may face as you sojourn further in life”, he added.
The President nonetheless commended the Management and entire staff of the University for diligently playing their roles and going the extra mile to attain the feat that is being celebrating today.
“I am aware that successive leadership of this University have been steadfast in the pursuit of excellence, with many laudable results to show.
“The Federal University of Technology, Minna is an institution that we are proud of and I want to urge the Management and Senate to continue on the path of fulfilling the university’s mandate, to which they have committed themselves”.
Earlier the Vice Chancellor of the University Professor Faruk Adamu Kuta told the visitor to the institution that the university with a staff strength of 2,385 and a student population of 26,051, all the 58 academic programmes in the have attained full National Universities Commission (NUC) accreditation status adding that the University is preparing to host an international accrediting body for International accreditation.
He said that of 7,312 graduating students in the 31st and 32nd combined convocation for 2020/2021 and 2022/2023 academic session, 189 of them will be awarded First Class Degrees in various disciplines.
Adamu Kuta stated further that the award of second class degrees (upper division) to 2,190 graduating students and 3,410 second class degrees (lower division) to deserving students.
The Vice Chancellor said of this number 71 students bagged First Class in the 2020/2021 academic session while 116 bagged First Class in the 2022/2023 academic session.
Giving further breakdown of the degrees to be awarded , the Vice Chancellor noted that for 2020/2021 academic session, 1,091 students got Second Class Upper division while 1,916 students got Second Class Lower.,adding that a total of 767 students got 3rd Class while 22 students will be going home with Pass degrees.
According to him for the 2022/2023 academic session, 116 students bagged First Class, 1,099 students got Second Class Upper, 1,494 Students got Second Class Lower, 716 students got Third Class and 20 students got Pass, adding that no student was withdrawn from the school due to academic performance with the year under review.
The Vice Chandelier stated further hat 120 Postgraduate Diplomas, 955 Master’s Degrees, and 150 Doctorate Degrees will be conferred with their degrees.
Professor Kuta pointed that the highlights of this year’s convocation was the commissioning of four key projects embarked by the institution under his administration and these includes African Center of Excellence for Mycotoxin and Food Safety (ACEMFS) building, the remodeled of the University main entrance gate, 500 metres road network within the campus and 38 No rooms students hostel at the main campus.

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Senate Approves President Tinubu’s N1.767 Trillion Loan Request

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The Senate has granted approval for a $2.09 billion (N1.767 trillion) loan requested by President Bola Tinubu to address the N9.7 trillion deficit in the N28.7 trillion 2024 budget. The decision was made during Thursday’s plenary, just 48 hours after the request was submitted to the National Assembly.

President Tinubu, in letters to both chambers of the legislature earlier this week, highlighted the importance of the loan for financing key projects and programs critical to national development.

Following the request, the Senate assigned its Committee on Local and Foreign Debts, led by Senator Aliyu Wammako (APC, Sokoto North), to review the proposal. Presenting the committee’s report, Senator Wammako described the loan as vital for implementing the Debt Management Strategy, reducing borrowing costs, extending debt maturity, and bolstering Nigeria’s external reserves.

The committee recommended raising the loan through Eurobonds or similar international financing instruments, subject to market conditions. It also suggested that any excess funds from exchange rate adjustments be directed toward capital projects in 2024 to support infrastructure and economic growth.

The Senate approved the loan unanimously, with no objections raised during deliberations. Deputy Senate President Jibrin Barau, who presided over the session, commended the Wammako-led committee for its swift and thorough handling of the proposal.

This loan approval is part of the government’s broader strategy to bridge fiscal gaps while focusing on developmental priorities and economic stability.

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Finland Detains Pro-Biafra Agitator Simon Ekpa on Terrorism Charges

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Simon Ekpa

Simon Ekpa, a Finland-based pro-Biafra agitator, has been arrested and detained by the Päijät-Häme District Court in Finland on charges of inciting public crimes with terrorist intent.

The alleged offence reportedly occurred in Lahti on August 23, 2021. Finnish authorities apprehended Ekpa on Monday, November 19, marking another chapter in his history of legal confrontations.

A source confirmed Ekpa’s arrest, noting, “He was arrested three days ago. But this is not the first time. He will likely be questioned and released soon.” Ekpa was previously detained in 2023 on suspicion of fundraising fraud but was released the same evening.

The Finnish National Bureau of Investigation (NBI) has also requested the detention of four additional suspects in connection with terrorism-related charges.

Ekpa has gained notoriety for his leadership of a Nigerian separatist group advocating for an independent Biafran state in southeastern Nigeria. Finnish authorities allege that he used social media platforms to coordinate actions that resulted in violence against civilians and authorities in Nigeria.

Detective Chief Inspector Otto Hiltunen of the NBI stated that the investigation focuses on a Finnish citizen of Nigerian descent, born in the 1980s, suspected of public incitement to crimes with terrorist intent.

Meanwhile, the Nigerian government has continued to engage the Finnish government through the European Union (EU) to extradite Ekpa. In August, Nigeria’s Defence Headquarters emphasized the dual approach of diplomatic engagement and sustained military operations against the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN).

Director of Defence Media Operations, Major General Edward Buba, reiterated the government’s resolve, saying, “The FG would respond appropriately to the Finnish Government through the EU. On the part of the military, troops would sustain operations against IPOB/ESN.”

Ekpa, who has represented Finland’s National Coalition Party (NCP) in local government, currently serves on Lahti’s public transport committee. Finnish authorities continue to investigate his activities, emphasizing the potential connection between his leadership role in the separatist movement and violent actions in Nigeria.

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Ogun Council Polls: Ex-Rep Amusan hails APC’s Landslide Victory

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Jelili Kayode Amusan

***Lauds Governor Abiodun’s Leadership

***Tasks New Local Government helmsmen on Grassroots Development

Former House of Representatives member, Hon. Jelili Kayode Amusan, has commended the All Progressives Congress (APC) for its sweeping victory in the recently concluded local government elections in Ogun State.
He described the outcome as a clear affirmation of the party’s growing acceptance and connection with the people.

In a statement released by his media office, Hon. Amusan attributed the victory to the leadership of Governor Dapo Abiodun, whose administration has prioritized the development of critical sectors, including security, healthcare, education, and infrastructure.

“This victory did not come as a surprise. It is a reflection of Governor Abiodun’s commitment to delivering good governance to the people of Ogun State. His numerous initiatives, including improved road networks, strengthened security, and better healthcare services, have earned the APC the confidence of the people across all local government areas,” Amusan noted.

The former lawmaker, who previously vied for the governorship, said the APC’s success in all local government areas highlights the effectiveness of the Governor’s grassroots-oriented policies and his ability to inspire trust and unity within the party.

While congratulating the newly elected local government chairmen, Hon. Amusan urged them to emulate Governor Abiodun’s leadership style by focusing on service delivery and fulfilling their campaign promises.

“Local governments are the closest tier of government to the people. Their effectiveness in governance plays a crucial role in the overall success of any political system. The new chairmen must prioritize grassroots development and ensure they deliver the dividends of democracy to their communities,” he advised.

He also expressed gratitude to the people of Ogun State for their overwhelming support for the APC, encouraging them to continue backing the party as it works to fulfill its promises.

“Our people have shown unwavering support for the APC, and I am confident that with their continued trust, the party will further enhance governance and bring more prosperity to Ogun State,” Amusan concluded.

END

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