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NELFUND confirms receipt of N50 billion from EFCC’s recovered loot for student loan scheme

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The Nigerian Education Loan Fund (NELFUND) has officially confirmed the receipt of N50 billion, which was recovered by the Economic and Financial Crimes Commission (EFCC) as proceeds from criminal activities to finance student loan scheme.

In a statement from NELFUND’s Head of Corporate Communications, Oseyemi Oluwatuyi, the loan fund expressed its satisfaction upon receiving an additional N50 billion from the anti-graft agency.

Oluwatuyi said that the release of these funds followed a directive from President Bola Tinubu, given in his speech on August 4, 2024, instructing the EFCC to transfer the recovered funds to NELFUND in order to further strengthen the student loan programme.

The statement released on Friday read in part:

“The Management of Nigerian Education Loan Fund (NELFUND), under the leadership of its Managing Director/CEO, Mr Akintunde Sawyerr has expressed its pleasure as it receives an additional N50 billion from the Economic and Financial Crimes Commission (EFCC).

“The release follows the directive of President Bola Tinubu in his speech on 4th August, 2024, directing the EFCC to transfer the funds to NELFUND to further boost the student loan program.

“This significant injection of funds represents a major milestone in the Administration’s commitment to bolstering access to education by providing financial support to students across Nigeria.

The fund extends Its deepest appreciation to President Bola Ahmed Tinubu for his unwavering dedication to the education sector and his continued efforts to support the most vulnerable segments of the population,” he said.

Education

How to check the 2024 NECO results through the online portal, SMS

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The National Examinations Council (NECO) has announced the release of the 2024 Senior School Certificate Examination (SSCE) results, which followed the completion of the marking exercise conducted from Monday, 19th August to Sunday, 8th September 2024.

The results were announced by NECO Registrar, Prof. Dantani Wushishi, at the council’s headquarters in Minna, Niger State, on Thursday.

The examination was held from Wednesday, 19th June to Friday, 26th July 2024, with over 1.3 million candidates sitting for the exam across Nigeria. The marking process was completed in less than a month, enabling the timely release of results.

Wushishi revealed that 1,376,436 candidates sat for the examination, with the results being made available about two months after the final exam. A total of 8,407 candidates were caught engaging in unethical practices. This marks a significant reduction compared to the 12,030 cases recorded in the 2023 examination.

Candidates can now check their results online through the NECO official website or via SMS. The online results system www.results.neco.gov.ng, allows for easy viewing of examination outcomes.

Ensure you have your NECO examination number, the examination year, a valid email address, and a NECO result checking token

To buy a NECO Result Checking Token(scratch card)  Visit the NECO Results website at https://result.neco.gov.ng. If you have an account, log in if not register by providing your details and select ‘Purchase Token’.

How to check the 2024 SSCE results through the online portal 

  • Visit the NECO result-checking portal at https://results.neco.gov.ng/
  • Select your examination year as “2024” and choose the type (SSCE Internal, SSCE External, BECE, NCEE, or GIFTED).
  • Enter the token sent to the mobile number you provided during registration.
  • Enter your registration number.
  • Click on the “Check my result” button.

How to check your 2024 NECO result via text message (SMS) 

On your phone, type NECOExamNoPIN*ExamYear (without spaces). For example, if your exam number is 12345678AB, your PIN is 6864123459678, and you’re checking the 2024 result, your message should look like this:

NECO12345678AB6864123459678*2024

Send the message to the official NECO result-checking SMS number.

You will receive a text message containing your result.

Important Notes:

You can buy result token can also be bought from any accredited vendor.

Double-check that all information is typed correctly and that the message is sent to the official SMS number.

If you don’t receive your result after a few minutes, try sending the message again.

For any issues with checking your result, contact NECO customer support.

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NECO releases 2024 SSCE results — malpractice drops 30.1%

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The National Examination Council (NECO) has released 2024 Senior School Certificate Examination (SSCE) results.

The 2024 SSCE was conducted from June 19 to July 26 with marking taking place from August 19 to September 8.

At a news conference in Niger state on Thursday, NECO said candidates can proceed to its website to access their results.

It said the number of candidates who registered for its 2024 SSCE is 1,376,423, representing 706,950 males and 669,473 females.

The number of candidates that sat the exam is 1,367,736, representing 702,112 males and 665,624 females.

A total of 828,284 candidates had five credits and above, including English and Mathematics.

This represents 60.55 percent.

The number of candidates with five credits and above, irrespective of English and Mathematics is 1,147,597, representing 83.90 percent.

The number of candidates involved in malpractice in 2024 is 8,437 as against 12,030 in 2023.

NECO said this amounts to a reduction of 30.1 percent.

It said 40 schools were found to have been involved in mass cheating across 17 states.

The council said the schools will be invited for discussion, after which appropriate sanctions will be applied.

“One school in Ekiti was recommended for de-recognition for Mass Cheating in 2 core subjects and 01 Science subject,” it said.

“Similarly, 21 supervisors were recommended for blacklisting due to poor supervision, aiding and abetting, abscondment, extortion, drunkenness and negligence, in 12 states.”

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Education

Nigerians face setback as Canada plans to slash student and work permits

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Canada is set to reduce the number of international students and work permits issued in 2025, a move expected to impact many Nigerians.

The country’s Immigration Minister, Marc Miller, announced the changes on Wednesday, September 18, citing the need to manage high immigration levels, straining Canada’s housing, job market, and social services.

“It is a privilege to come to Canada. It is not a right,” Miller stated during the press conference.

He further explained that Ottawa plans to issue 437,000 study permits next year, a drop from the 485,000 permits issued in 2024 and the over 500,000 granted in 2023.

This policy shift is part of Prime Minister Justin Trudeau’s government’s broader strategy to reduce the number of temporary residents.

Canada’s population surged past 41 million earlier this year, and concerns over housing shortages and job availability have sparked a reevaluation of immigration policies.

Among the changes, restrictions on work permits for spouses of international students and foreign workers will be introduced, and enhanced checks on travel visas will be implemented to curb fraudulent asylum claims.

Ottawa has already pledged to reduce the percentage of temporary residents in Canada from 6.8 per cent, recorded in April, to just five per cent.

This will likely affect many Nigerian students and workers seeking opportunities in Canada.

The new regulations are expected to pose significant challenges for those hoping to study or work in the country, especially Nigerians, who form a substantial portion of Canada’s international student community.

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