Niger Delta
Bayelsa Pays N900m To Service Students’ Loans
The Executive Secretary of Bayelsa State Higher Education Students Loan Board, Dr Michael Amaegberi, has disclosed that the state government has spent over N900 million as loans to pay school fees of Bayelsans in the last two years.
Amaegberi, who stated this in an interview on the activities of the board said more than 4000 Bayelsans have also benefitted from the scheme.
According to him, the loan scheme is better than bursary payment because of its impact on the advancement of the education of Bayelsans.
He said the loan scheme was a novel idea which other state governments in Nigeria desirous of improving the educational pursuits of its people should emulate.
‘We have given loans to more than 4000 students and still counting. From last year when we started till now, we have spent more than N900 million paying school fees for students.
“This is a great feat that any government can achieve. Those calling for bursary payment don’t know what they are saying. If the government spends N200 million on bursaries and gives 10,000 to students, that is about N20,000 each, people would go home happy that they have received N20,000, which is free money.
“But here is a government that is paying school fees. If the school fees are N200,000 we are paying, if it is N300,000 we are paying, N150,000, N80,000, etc, we are paying depending on the programme.
“If it is medicine, education or other disciplines we pay. We even extended it to Masters and PhD students. This is a novel idea that other states should emulate. You can not find this anywhere in Nigeria.
“All those cynical about what we are doing and are just criticising our achievements in the education sector, should come up with better ideas and not criticising genuine government policies.’
Amaegberi, who further disclosed that the loan scheme also covers ANAN, ICAN and other professional exams commended the administration of former governor, Henry Seriake Dickson, for initiating the programme and Governor Douye Diri for sustaining the programme.
‘I believe people should applaud what the prosperity government is doing and for following through the entire process by ensuring the loan board continues to stay afloat. It did not start with Governor Douye Diri but he saw it as a very good idea and has kept to his promise to continue to fund the loans board according to law and he has been doing that judiciously. So people should applaud the restoration government first for starting it, then the prosperity government for continuing with this laudable scheme.’
While noting that the scheme has limited funds to attend to Bayelsans studying in universities, polytechnics and colleges of education, he said the board was exploring ways the Nigerian Content Development Monitoring Board (NCDMB) and oil companies can partner with the board to help Bayelsans.
Niger Delta
NDDC Begins N50,000 Monthly Payment To 10,000 N’Delta Youths
The Niger Delta Development Commission (NDDC) has begun the payment of N50,000 monthly stipends to 10,000 indigenous youths from the Niger Delta under its Youths Internship Scheme.
The Director of Corporate Affairs at the NDDC, Mrs Seledi Thompson-Wakama, disclosed this to journalists in Port Harcourt, Rivers State capital, yesterday.
She explained that the beneficiaries would undergo practical, hands-on training across the various organisations for 12 months to develop critical skills.
Recall that during the inauguration of the scheme on July 31, 2024, Senate President, Godswill Akpabio, had announced the Federal Government’s approval of a N50,000 monthly stipend for the trainees.
According to Thompson-Wakama, the commission has successfully completed the selection process and has begun placing trainees in organisations to gain practical experience.
“Consequently, with the completion of these phases, the payment of the monthly stipends has also commenced,” she announced.
She revealed that the 10,000 beneficiaries were transparently selected from over 3.2 million youths who registered for the empowerment programme.
“This unprecedented response highlights the immense potential and aspirations of our youths to improve themselves.
“NDDC remains steadfast in ensuring this life-changing opportunity reaches the most deserving candidates, creating a lasting impact and paving the way for a brighter future,” she stated.
Thompson-Wakama explained that the scheme had enabled the commission to collate essential data, including the qualifications, skills, interests, needs, and employment status of the youths in the region.
The data, she explained, would guide the commission in designing programmes tailored to address the unique challenges faced by young people.
She disclosed that the NDDC partnered with KPMG, a global audit and consultancy firm, to enhance the commission’s corporate governance framework.
“KPMG has produced a Governance Advisory Report that will serve as a tool to support the commission’s transition from a transaction-based to a transformation-focussed policy,” Thompson-Wakama added.
The director commended the youths for their patience and cooperation during the selection process for the scheme.
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