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NEFGAD: Students Loan Unsustainable, Harmful to Nigerian Youth
NEFGAD: Students Loan Unsustainable, Harmful to Nigerian Youth
By: Michael Mike
The Network for Social Growth and Actualization of Viable Development (NEFGAD) has criticized the Students Loan Bill of President Bola Tinubu, describing it as unsustainable and injurious to the country’s development.
The group in a statement signed by its head of office, Mr Akingunola Omoniyi and made available to newsmen in Abuja at the weekend maintained that the series of postponements and uncertainties around the launch of the scheme showed that the idea is weak and looking more like a mere campaign slogan that should have ended with the 2023 general elections.
Akingunola said the bill is anti-development and psychologically harmful to Nigetian youth, while further stating that the policy lacks adequate support system necessary for efficient operations, and will end up killing the morale, drive and esteem of Nigerian youth at the long run.
He noted that since the hope of gainful employment remains the only collateral for the loan, government should first address the challenges of unemployment/underemployment and be certain that loan takers have high assurance of gainful employment after graduating from school before commiting them to employment-tied loan repayment plan, unless the government intend to breed high population of insolvent citizens.
He said that: “A country with over 40% unemployment rate and more under-employed should expect over 50% students loan defaulters rate, hence putting over 50% of a country’s supposed productive youth population automatically under perpetual burden and stigma of insolvency is retrogressive and detrimental to the aspirations of a developing nation.
Unlike Nigeria, in countries where such policies work, governments of those countries have proper employment and retirement plans for their citizens right from their day of birth.
He decried that the Students Loan Scheme if allowed to stand will further worsen the situations of nigerian youth and render them more distressed by combining the trauma of joblessness with the burden of insolvency.
Akingunola admonished President Tinubu and the National Assembly that if at all the bill must succeed they should ensure that a robust and sustainable job creation strategies and frameworks are in place before considering such a delicate proposal.
He however canvassed for the conversation of the Loan to grants for deserving indigent students instead and rather than creating an entirely new agency/board for the Fund at a time that the country is considering the implementation of the Steve Oronsanye report in order to reduce overbloated size of government, the extant law establishing the National Scholarship Board can be strengthened to administer the fund, he advised.
NEFGAD: Students Loan Unsustainable, Harmful to Nigerian Youth
News
UN@80: IPCR Says Charter Offers Guidance to Solving Terrorism, Violent Conflicts
UN@80: IPCR Says Charter Offers Guidance to Solving Terrorism, Violent Conflicts
By: Michael Mike
The Institute for Peace and Conflict Resolution (IPCR) has said the principles of the United Nations Charter offers guidance to Nigeria and other African countries bedeviled by terrorism and other violent conflicts.
The message was given by the Director-General of the Institute, Dr. Joseph Ochogwu to commemorate the 80th Anniversary of United Nations.
Ochogwu said: “Today, October 24, 2025, marks exactly 80 years since the entry into force of the United Nations Charter. As the world commemorates this historic milestone, we are reminded of the enduring vision of the Charter to save succeeding generations from the scourge of war, reaffirm faith in fundamental human rights, and promote social progress and better standards of life in larger freedom. This vision remains profoundly relevant to Africa and to Nigeria, where the pursuit of peace, justice, and inclusive development continues to shape our collective aspirations.
“In today’s complex and rapidly changing security environment, the principles of the Charter, namely sovereign equality, peaceful settlement of disputes, and respect for international law offer essential guidance. Across Africa, the persistence of violent conflicts, terrorism, and governance challenges underscores the urgent need to strengthen multilateral cooperation, preventive diplomacy, and mediation capacities. Nigeria’s leadership under President Bola Ahmed Tinubu and her experience in regional peacekeeping and conflict resolution affirm our commitment to these ideals and to the transformative role of international law in sustaining peace and security.
“The Institute for Peace and Conflict Resolution (IPCR) stands as a bridge between national policy and global peace initiatives. We reaffirm our partnership with the United Nations, the African Union, ECOWAS, and other stakeholders to promote dialogue, reconciliation, and institution-building. In this decade of action, we must deepen investments in peace infrastructure, youth empowerment, and cross-border cooperation to realize the aspirations of Agenda 2063 and the 2030 Agenda for Sustainable Development.”
He added that: “As we look to the future of the United Nations in Africa, the challenge before us is clear: to make peace sustainable, justice accessible, and security inclusive. The continued faith of Member States and communities in the principles of the UN Charter is an enduring source of hope for a more peaceful, secure, and prosperous continent.”
UN@80: IPCR Says Charter Offers Guidance to Solving Terrorism, Violent Conflicts
News
How Nigeria’s Ancient Storytelling Traditions Shape Modern Identity
How Nigeria’s Ancient Storytelling Traditions Shape Modern Identity.
By Fathia Adenike
The heartbeat of Nigeria’s bustling cities and quiet villages lies ìtàn a Yoruba word meaning “story” or “history” a powerful force shaping cultural identity. Across Nigeria’s diverse ethnic landscapes Yoruba, Igbo, Hausa,and beyond. Storytelling isn’t just tradition; it’s a living bridge connecting past, present, and future.It’s an Oral Threads of Heritage,From moonlit Yoruba folktales whispering òrìṣà deeds to Igbo elders recounting ancestral proverbs, Nigeria’s oral traditions transmit values, wisdom, and belongings. These stories embed moral codes, communal bonds, and cosmological maps that ground Nigerians amid rapid change. Ancient myths seep into contemporary Nigerian life. Olókun’s oceanic power meets Lagos’ tech-driven streets; Ọṣun’s fertility echoes in art exploring feminine resilience. Writers like Chinua Achebe Things Fall Apart and Ben Okri The Famished Road weave such mythic threads into explorations of identity, disrupting colonial ruptures.
Today, Nigerian storytelling leaps into digital realms. Podcasts like “The Nairaland Podcast and Twitter threads” retelling folklore showcase ìtàn’s adaptability. Social media becomes a virtual àbù̀ (drumbeat), amplifying voices across Nigeria’s youthful diaspora.
Ìtàn fosters cultural resilience. As Nigeria navigates urbanization, migration, and tech disruption, these stories offer anchors. They articulate collective memory, mediate conflict, and nurture belonging across ethnic lines Igbo, Yoruba.
Hausa in a nation of profound diversity.In Nigeria’s mosaic, ìtàn remains a vital pulse reminding Nigerians, globally, of roots nourishing identity’s complex, beautiful branches. ìtàn remains an irreducible heartbeat reminding Nigerians globally of identity’s deep, branching roots nourishing complex beauty. As Nigeria braids tradition with cutting edge innovation, these stories transmute into luminescent beacons, diachronistic continuity. Resonating poignantly in diaspora conversations spanning oceans.
Echoing vibrantly in Nigeria’s creative expressions celebrating Ultimately, ìtàn transcends mere retrospection; it dynamically sculpts Nigeria’s unfolding narrative vectors. These andaren’t antiquarian tales; they’re heritage-infused blueprints propelling Nigeria’s stories into uncharted tomorrows narratives carrying ancestral essence into modernity’s unspooling scroll. ìtàn brings identity filaments, affirming storytelling as Nigeria’s quintessential cultural DNA.
How Nigeria’s Ancient Storytelling Traditions Shape Modern Identity
News
ShightVault X Èkó Runners Club: Running Through Lagos, Redefining African Performance Culture
ShightVault X Èkó Runners Club: Running Through Lagos, Redefining African Performance Culture
LAGOS, NIGERIA – October 11, 2025 — Nigerian sportswear brand, ShightVault is making bold strides in redefining the culture of movement and style in Africa. The brand recently led a major collaboration with the Èkó Runners Club, hosting a vibrant community event themed “RUNWITHLAGOS” at The Finery, Ikoyi.
The activation brought together over 280 guests, including more than 140 runners who took part in a 5KM morning run through the heart of Lagos. The day unfolded into a full lifestyle experience, from yoga sessions and high-intensity training classes to ice baths, networking, food, drinks, and friendly competitions, blending wellness and urban culture in one energetic celebration.
At the center of it all was ShightVault, showcasing its limited-edition collaborative run-fit, a sleek performance line that sold out quickly at the venue.
Speaking at the event, Riches Efe Arhiakpore, Executive Director of ShightVault, described the collaboration as a reflection of the brand’s growing vision:
ShightVault is more than a sportswear label, it’s a movement. This collaboration with Èkó Runners Club represents how we want to connect fashion, fitness, and community. We’re open to working with more run clubs across the country and internationally as we expand our reach in both the sports and fashion industries.
The event was powered by key sponsors including KNGSMN, Pocari Sweat, ZoneX, Red Bull, and Glacee Table Water, alongside partners who helped deliver one of Lagos’ most engaging fitness activations of the year.
As ShightVault continues to grow beyond Nigeria’s borders, the brand is positioning itself as a global voice for African sportswear innovation, bridging performance, design, and cultural expression in every stride.
ShightVault X Èkó Runners Club: Running Through Lagos, Redefining African Performance Culture
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