OSBC SANCTIONS PRESENTER OVER UNAUTHORIZED PONZI SCHEME BROADCAST. (PHOTO).

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 OSBC Sanctions Presenter Over Unauthorized Ponzi Scheme Broadcast The Osun State Broadcasting Corporation (OSBC) has sanctioned a presenter for airing an unauthorised segment promoting the collapsed CBEX Trading Exchange Global scheme on Orisun FM, Ile-Ife. OSBC’s Public Relations Officer, Gbenga Faminu, said the misleading five-minute content was broadcast without editorial approval and was the independent action of the presenter involved. The corporation has launched an internal investigation, enforced corrective measures, and reaffirmed its commitment to ethical broadcasting. It also warned the public to remain vigilant against fraudulent investment schemes. The EFCC has launched a probe into CBEX, which defrauded investors despite prior warnings.
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RE: NON-INCLUSION OF BENEFICIARIES FROM SOUTU EAST TERTIARY INSTITUTIONS IN THE DISBURSEMENT OF STUDENTS' LOANS BY NELFUND. (PHOTO).

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 South East National  Assembly Caucus


Press Release


Re: Non-inclusion of Beneficiaries from South East Tertiary Institutions in the Disbursement of Students' Loans by NELFUND


The attention of the South East caucus of the National Assembly has been drawn to the glaring absence of beneficiaries from South East tertiary institutions in the list of beneficiaries of the students' loan being disbursed on behalf of the Federal Government by the Nigerian Education Loan Fund (NELFUND).  


With a total of  N2,946,927,155 already disbursed to 27,667 from 19 institutions in the country, South East higher institutions were conspicuously missing from the list. 


In its defence, NELFUND has stated that the absence of beneficiaries from South East institutions was because even though verification lists have been sent to all schools, South East institutions are yet to respond to their request for the verification of the lists sent to them. 


Consequently, the South East caucus of the National Assembly, wishes to urge tertiary institutions in the South East to comply with the verification request by NELFUND, so that our children can benefit from this national programme. 


We also wish to encourage all South East students who need this support to ensure they apply. This is important as it can help ameliorate some of the challenges limiting access to higher education, which we must all agree is critical to self-development and growth. 


It is important that as a people, we do not intentionally marginalise ourselves from opportunities which are open to all Nigerians. Those opportunities are our right and we must, like others, demand for what rightfully belongs to us.


Senator Enyinnaya Abaribe Leader of the South East Senate Caucus of the National Assembly 


Rt. Hon. Igariwey Iduma Enwo Leader of the South East Caucus of the House of Representatives

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