President Bola Tinubu, on Tuesday in Abuja, said poverty should not prevent any Nigerian from obtaining quality education at the highest levels.
Therefore, he pledged that his administration would commit more resources to the education sector to ensure that every Nigerian child, regardless of their background, has access to quality education.
“Poverty should not prevent anybody, any child, including the daughter or son of a wood seller, ‘Bole’ (plantain) seller or yam seller from attaining their highest standard of education, to eliminate poverty,” Tinubu said when he received the leadership of the National Association of Nigerian Students at the State House, Abuja.
The President declared that poverty should not be a barrier to education saying “If we all believe that education is the greatest weapon against poverty, then we have to invest in it. If you eliminate poverty from one family, you can carry the rest of the weight.”
President Tinubu, who promised to consider the requests of the NANS leaders, urged the student body to ensure unity among its members across the country to achieve more.
“You have to promote unity and stability among each other. You have to employ democratic means in your programmes and elections. I have to say, anyone who is unable to accept and celebrate a free and fair election, does not deserve the joy of victory,” he advised.
The President thanked the students for supporting the removal of subsidy on petrol, explaining the reasons behind the decision and the need to curb smuggling.
”I’m glad you understand the reason for the subsidy removal. We were at a point where Nigeria tried to draw water from a dry well and that is no longer acceptable and we equally must not continue to service the smugglers because they used to take our tankers and Premium Motor Spirit across the borders. We will put our money where our mouth is,” he said.
Earlier, the leader of the delegation, Umar Barambu, said the NANS leaders had come to thank the president for the signing into law of the Student Loan Bill, which will provide loans to indigent students such that no Nigerian student in tertiary institutions will drop out of school over inability to pay school fees.
The Bill, sponsored by former House of Representatives Speaker Femi Gbajabiamila, was signed into law by President Tinubu on Monday, June 12, which is Democracy Day.
Barambu said “We are here to congratulate you and to thank you for what you have been doing to the country since you assumed responsibility as the President. We want to equally thank you for the Students Loan Bill.”
Speaking to State House Correspondents after engagements with the President, Barambu revealed that they urged him to review the constitution of the special committee that will oversee the new Nigerian Education Loan Fund to include student representatives.
He said the students want the inclusion of its past national leaders and the exclusion of lecturers and lawyers from the loans board as provided in the Students Loan Act.
Speaking on the contentious clause of the Act, the NANS President said: “We have outlined the clauses that we are not too comfortable with. And part of them is the issue of that board that we mentioned to the President, which we said at least students’ representatives should be captured and there are some organisation that they put there, which to us, they don’t need to be there.
“We gave him an example, most especially the Nigerian Bar Association, ASUU. ASUU have their own microfinance bank running their own affairs without students on their board. So I don’t think it’s wise for us to allow them to be inside our own board because it is purely students.
“We are the major stakeholders of that bank. So I don’t think allowing them to be there is good. Not only them, but we also mentioned a lot of people that they should remove and put more of student-oriented organisation.”
On the purpose of the visit, Barambu said: “We are here to congratulate you and to thank you for what you have been doing to the country since you assumed responsibility as the President of this country. We want to equally thank you for the students’ loan Bill.”
BREAKING: Jubilation across Nigeria as BUA Reduces Price Of Cement To N3,500
One of the major companies in Nigeria, BUA Group , has announced a reduction of ex-factory cement price to N3,500 per bag.
The company, which made this known in a statement on Sunday, said the reduction will take effect from 2 October, 2023.
The statement titled : ‘BUA Cement reduces ex-factory cement prices to N3,500/bag effective October 2, 2023’, reads in full :
“We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.
As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward. As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.
Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.
NOTE: all pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023. Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance
Activate state police, politicians will become terrorists target – Primate Ayodele to Tinubu
The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has advised President Tinubu to activate state police to combat insecurity in the country.
Primate Ayodele revealed that the rate of insecurity will be alarming, adding that the existing security operatives will not be able to handle it, hence the need for state police.
In a statement signed by his spokesman, Oluwatosin Osho, Ayodele mentioned that more hands are needed, and state police will be very effective in this area.
He stated that terrorists will soon start targeting politicians for attacks, and it will get to a point where they will start walking and moving with fear.
According to Ayodele, the government should activate CCTV in sensitive areas to effectively combat insecurity.
He said, “The government should introduce state police and activate it as soon as possible to combat insecurity in the country.
“The rate of insecurity will be alarming, and the military, police, DSS, and NSCDC will not be able to handle it.
‘’The government should activate CCTV cameras to fight insecurity. We need more hands to fight it; it will get to a point where politicians will be moving with panic and fear.
“They will become targets of terrorists; there will be kidnappings among them.”
Who is the new CBN Governor? Unveiling Yemi Cardoso: The Citibank Prodigy And Financial Genius Behind Lagos’ Tax Revolution!
In the buzzing financial district of Lagos, Yemi Cardoso’s name is whispered with a mix of respect, admiration, and perhaps a dash of envy. Today, as the entire country turns its eyes towards the Central Bank of Nigeria (CBN), the question on everyone’s lips is, “Who is the new CBN Governor?” We delve into the life and legacy of Yemi Cardoso, the man now at the helm of Nigeria’s financial future.
Born to a modest family, Yemi’s early life gave little indication of the powerhouse he would become. However, a relentless pursuit of education and an intrinsic passion for finance would set him on a meteoric rise. Starting his illustrious banking career with Citibank, Cardoso swiftly climbed the corporate ladder. His innate understanding of banking intricacies and a knack for strategic planning saw him rise to the esteemed position of Vice President. But the ambitious Cardoso didn’t stop there. He took a bold leap, co-founding Citizens International Bank, and for eight defining years, played a pivotal role as an Executive Director.
Yet, banking wasn’t the only domain where Cardoso left an indelible mark. He answered the call of public service, becoming the first Commissioner for Economic Planning and Budget for Lagos State. It was under his visionary leadership that Lagos underwent a pivotal financial reform, developing its own robust independent tax revenues. This wasn’t just a bureaucratic change – it was a revolution that altered the fiscal landscape of Lagos forever.
But who is Yemi Cardoso, the man behind the accolades and achievements? Beyond the corporate meetings and policy discussions, Cardoso has been a vital consultant and policy expert, aligning with major global development giants like the World Bank, UN Habitat, and even the Bill and Melinda Gates foundation. His expertise has shaped policies and development strategies, making him a revered name on global platforms.
Yet, for all his achievements, Cardoso remains grounded. A recipient of several awards, including a coveted honorary Doctorate Degree from Aston University, his alma mater, and the Global Distinguished Alumni award from Citi, he remains deeply connected to his roots. His Masters in Public Administration from the prestigious Harvard Kennedy School, where he was a celebrated Mason Fellow, is a testament to his commitment to public service and excellence.
As Nigeria stands on the cusp of a new financial era, the appointment of Yemi Cardoso as the CBN Governor isn’t just a political move; it’s a statement. A statement that Nigeria is ready to merge global financial strategies with homegrown expertise. With Cardoso steering the ship, the future of Nigeria’s financial landscape certainly seems promising
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