The House of Representatives on Wednesday invited the Minister of Finance, Zainab Ahmed; the Minister of Education, Mallam Adamu Adamu; and the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on efforts to reestablish the Education Bank in Nigeria.
![](https://thenigerialawyer.com/wp-content/uploads/2024/11/TheNigerialawyer-WhatsApp-Channel1.jpg")
The resolution followed the adoption of a motion titled, ‘Need to Establish Nigerian Education Bank in line with the Nigerian Education Bank Act,’ sponsored by Hon. Uju Kingsley.
Moving the motion, Kingsley noted that the Education Bank was established in 1993 to provide loans for students, and was designed to replace the former Students Loans Board.
He expressed concerns that the failure to establish the bank has affected students as they lack credible sources to take loans to finance their education.
He said, “The House is aware that according to Section 70 of the Nigerian Education Bank Act, the Bank was saddled with the responsibility of approving and disbursing loans for educational purposes, providing loans to students to finance their education in institutions of higher education, recovering loans disbursed and providing shortterm loans to individuals or other bodies in appropriate cases, as well as aid authors by providing them with funds for the purpose of financing the printing and publishing of the educational book, among other functions.
“The House is concerned that since inception in 1993, the Education Bank has not had a Governing Board and for over 25 years, the bank had no physical address anywhere in Nigeria neither has the Act establishing it been repealed.”
Adopting the motion, the House mandated its Committees on Banking and Currency, and Legislative Compliance to ensure compliance.
“Order Your Copy Now” — Basil Momodu, Esq. Unveils Second Edition Of His Book, "Civil Procedure In Nigeria"
According to the learned author, Basil Momodu Esq. "Law review is a continuum. We will continue to track changes in the law to enrich future editions." Recommended Booksellers: Lagos: 08033855230, Abuja: 08035991379, and others.
_______________________________________________________________________
[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation
______________________________________________________________________
ARTIFICIAL INTELLIGENCE FOR LAWYERS: A COMPREHENSIVE GUIDE
Reimagine your practice with the power of AI “...this is the only Nigerian book I know of on the topic.” — Ohio Books Ltd
Authored by Ben Ijeoma Adigwe, Esq., ACIArb (UK), LL.M, Dip. in Artificial Intelligence, Director, Delta State Ministry of Justice, Asaba, Nigeria.
Bonus:
Get a FREE eBook titled “How to Use the AI in Legalpedia and Law Pavilion” with every purchase.
How to Order: 📞 Call, Text, or WhatsApp: 08034917063 | 07055285878 📧 Email: benadigwe1@gmail.com 🌐 Website: www.benadigwe.com
Ebook Version: Access directly online at: https://selar.com/prv626
______________________________________________________________________ “Bridging Theory And Courtroom Practice” — Hagler Sunny Okorie, Nathaniel Ngozi Ikeocha Unveil ‘Functional’ Tort Law Book For Nigerian Legal System
The book, titled The Law of Torts in Nigeria: A Functional Approach, authored by Professor Hagler Sunny Okorie Ph.D and Ikeocha, Nathaniel Ngozi Esq, offers law students, practitioners, and academics a comprehensive guide to understanding and applying tort law in Nigerian courts. Interested buyers can place orders via the following contact numbers: 08028636615, 08037667945, 08032253813, or +234 902 196 2209.
______________________________________________________________________
“Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence
Interested buyers are encouraged to place their orders and enquiries via:
0704 444 4777, 0704 444 4999, 0818 199 9888
Website: www.alexandernigeria.com
