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FG Unveils ₦10 Million Loan Program for Tertiary Institution Staff

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By Samuel Adeola

The Federal Government has launched the Tertiary Institution Staff Support Fund (TISSF), a new loan program designed to offer up to ₦10 million to eligible staff members across Nigerian universities, polytechnics, and colleges of education. This initiative aims to significantly boost the welfare, financial stability, and career progression of both academic and non-academic personnel nationwide.

Minister of Education, Dr. Tunji Alausa, officially announced the fund in Abuja during a key stakeholder engagement session on Thursday, July 24, 2025. A statement released by the Ministry’s spokesperson, Folasade Boriowo, emphasized that the TISSF is a vital component of President Bola Tinubu’s Renewed Hope Agenda, seeking to reposition the nation’s tertiary education sector.

The scheme, which will be managed by the Bank of Industry (BOI), is designed to ensure “transparency, accountability, and effective delivery.” Staff members can access loans capped at 33.3% of their gross annual salary, with permissible uses including transportation, medical support, and investment in small-scale businesses such as poultry farming.

“This is not just about welfare. It is about empowerment,” Dr. Alausa stated, highlighting the broader vision behind the fund.

The initiative has garnered widespread praise from top education officials, including the Executive Secretary of TETFund, the Senior Special Assistant to the President on Student Engagement, and various heads of tertiary institutions. All pledged their support for the smooth implementation of what they described as a timely intervention.

The Ministry of Education assured continued collaboration with all stakeholders to cultivate “a more resilient, motivated, and empowered education workforce,” reinforcing the government’s commitment to enhancing the well-being of those at the forefront of Nigeria’s tertiary education system.

Education

Oyelami Named Acting CEO of National Mathematical Centre

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By Omoniyi David

The Federal Government has appointed Professor Oyelami as Acting Chief Executive Officer of the National Mathematical Centre with immediate effect.

The appointment was announced in a statement by the centre’s Controller of Information and Public Relations, Onyekachi Njoku. He said the decision followed the elevation of the former CEO, Promise Mebine, as Vice-Chancellor of the Federal University Otuoke.

Njoku disclosed that the approval was conveyed in a letter signed by Rakiya Ilyasu, Director of University Education at the Federal Ministry of Education.

Professor Oyelami, a mathematician who joined the centre over two decades ago from Abubakar Tafawa Balewa University, previously served as Coordinator of the Mathematics and Theoretical Physics programmes and as Deputy Director/Academic Planning Coordinator.

An alumnus of the University of Jos and Abubakar Tafawa Balewa University, he holds a Second-Class Upper degree, MSc and PhD in Mathematics and has published widely in local and international journals.

The centre said his appointment would strengthen its mandate to promote research, innovation and capacity building in mathematical sciences.

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Abuja Reports

UniAbuja Council Denies NELFUND Loan Diversion Claim

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By Patrick Idowu

The Governing Council of the University of Abuja has refuted allegations that the institution diverted funds provided by the Nigerian Education Loan Fund (NELFUND), for its students.

In a statement issued on Saturday, the council, chaired by Senator Olanrewaju Tejuoso, said no NELFUND money was diverted, misappropriated or unlawfully withheld by the university or any of its officials.

The denial comes a day after NELFUND also dismissed the allegation and cleared the university of wrongdoing.

The statement, signed by the Acting Registrar and Secretary to the Governing Council, Malam Sambo Mohammed, said the university operates within established financial regulations and maintains strict accountability in managing intervention funds.

The council urged the public to disregard what it described as a misleading media report, while reaffirming confidence in the university’s management led by Vice-Chancellor, Prof. Hakeem Babatunde Fawehinmi.

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Education

JAMB Warns Candidates Against Infractions in 2026 UTME Registration

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By Onyeanya Ebere Immaculata

The Joint Admissions and Matriculation Board (JAMB) has warned that candidates who violate registration rules or breach the attestation signed during the ongoing 2026 Unified Tertiary Matriculation Examination (UTME), registration will face severe sanctions.

JAMB Registrar, Prof. Ishaq Oloyede, issued the warning on Monday as the registration entered its third week.

He said offenders could be barred from sitting for the UTME for up to three years, adding that the names of defaulters may be published in national newspapers and forwarded to other public examination bodies.

Oloyede also disclosed that candidates involved in serious offences could be handed over to the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), or the Police for prosecution.

JAMB said the measures are aimed at protecting the integrity of the examination process and ensuring fairness for all candidates.

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