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FG Considers Replacing 2020 WASSCE with GCE
The Federal Government has said Nigerian students may be asked to sit for the General Certificate Examinations (GCE) holding in November if the country fails to meet up with this year’s timetable for the West African Secondary School Certificate Examination(WASSCE).
The GCE is a private examination which is only offered in November and the results are available by December.
The Minister of State for Education, Emeka Nwajiuba, made this known at the bi-weekly Presidential Task Force (PTF) on COVID-19 meeting on Thursday.
The minister explained the shift may become necessary since the WASSCE cannot be rescheduled for any reason.
PREMIUM TIMES reported how the Nigerian government reversed its earlier announcement on the resumption of schools.
It also said no Nigerian school will participate in the WASSCE earlier scheduled from August 5 to September 5.
The decision was made to prevent the spread of COVID-19 among students who usually gather in large numbers during the yearly examination.
Also, Nigeria, Ghana, Sierra Leone, The Gambia, and Liberia have begun discussions on postponing the WASSCE.
However, Mr Nwajuiba said there was already a negotiated timeline to move local language subjects such as Ibo, Yoruba and Hausa as offered in Nigeria, behind from their usual spots as first written subjects.
This is to allow all participating countries the needed time to write the general subjects at the same time if Nigeria is able to meet up with the WAEC timetable.
“Nigeria is not moving away from it, the option would have been to go to November to take the GCE external exams. Nigeria is carefully studying that if in the event everything fails, we may go to that,” he said.
“In the guideline, there is a checklist of the requirements to be put in place and we have given a cut off date so we can know who needs help,” he said.
According to him, “we need to know if the teachers cannot be provided with masks, if the school is unable to do that we need to know ahead because states that have given dates for resumption of schools are setting a timetable along the lines we have already explained and they are free to do this.
“Many states have come to say they are unable to meet up with that date that is why the minister requested WAEC give us and the schools some time to meet up,” he said.
He said the government will work out a ‘domestication module’ that will take “our peculiar subjects behind after we have done general (subjects). This will buy us the time we need for all of us to be at par with the rest of West Africa and operating at the same time because the unanimity with which WAEC has always worked is still very important to us.
“WAEC unfortunately, is unable to wholesomely move the exams but we have also worked out a negotiated timeline with WAEC on what we call peculiar Nigerian subjects. These are subjects that are only held in Nigeria such as Ibo, Hausa, Yoruba. The Ghanaians will take examinations peculiar to them,” he said.
Premium Times
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2027: Lagos APC Guber Aspirant Rejects Hamzat As Consensus Candidate
All Progressives Congress (APC) governorship aspirant in Lagos State, Samuel Ajose, has declared that the endorsement of Deputy Governor Obafemi Hamzat as the next governor by Governor Babajide Sanwo-Olu and the Governance Advisory Council (GAC) will not stand.
GAC, regarded as the highest decision-making body of the All Progressives Congress in Lagos State, endorsed Hamzat, as its consensus candidate for the 2027 governorship election.
The decision was reached during a closed-door meeting held at Lagos House, Marina, indicating an early alignment within the ruling party ahead of the next electoral cycle.
Speaking after the session, GAC leader, Tajudeen Olusi, said members unanimously agreed on Hamzat, expressing confidence in his ability to sustain and build on the state’s developmental progress.
Olusi explained that the meeting was convened to deliberate on the party’s forthcoming primaries and assess the governorship position ahead of the 2027 elections.
Speaking about the GAC adoption of Hamzat as Lagos APC consensus 2027 governorship candidate on Arise News on Tuesday, Ajose said that Sanwo-Olu and others are trying to force President Tinubu into making a decision.
“I don’t think our president, Asiwaju Bola Ahmed Tinubu, is giving in to what they are doing.
“What they are just trying to do is to coerce him into taking a decision, and I don’t think that decision will stand.”
News
Reps Approve Tinubu’s Fresh $516.3m Loan Request
The House of Representatives has approved President Bola Tinubu’s request to borrow Five Hundred and Sixteen Million, Three Hundred and Thirty-three Thousand, seven ($516,333,007) US dollars in syndicated financing from Deutsche Bank AG.
The House approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the House Committee on Aids, Loans, and Debts Management, Abdullahi Rasheed.
The money is expected to fund the construction of sections of the Sokoto–Badagry Super Highway.
President Tinubu wrote to the lawmakers, seeking a $516.3 million loan from Deutsche Bank to support the construction of the road.
The president said the loan, to be sourced from a syndicated financing facility by Deutsche Bank, will fund sections 1, 1A, and 1B of the project, which covers about 120 kilometres.
Tinubu requested a resolution in line with Sections 16 and 21 of the Debt Management Office (Establishment) Act, 2011, to enable the federal government to secure the financing for Sections 1, Phase 1A, and Phase 1B of the project.
The project is a flagship initiative of Tinubu’s Renewed Hope Agenda and is targeted at enhancing national connectivity, improving the movement of goods across key economic corridors, and drastically shrinking travel time.
The 1,000-kilometre project will link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, connecting Illela to Badagry.
According to him, the financing arrangement will be backed by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
He said the Federal government will provide counterpart funding of over N265 billion for land acquisition, compensation, and related infrastructure.
The former Lagos governor said the loan is structured for nine years and includes a three-year grace period.
It has an interest rate pegged at the Chicago Mercantile Exchange SOFR plus 5.3 per cent per annum.
Already, the Federal Executive Council has approved the financing plan.
News
EFCC Arrests Ex-Skye Bank Chair, Tunde Ayeni over Nbillions Fraud Allegations
Operatives of the Economic and Financial Crimes Commission have arrested a former chairman of defunct Skye Bank Plc, Tunde Ayeni, over alleged money laundering, misappropriation and diversion of funds amounting to N36.54bn and $30m.
Ayeni, a businessman, was arrested in Abuja on Thursday, and is currently being held at the commission’s facility.
The arrest followed an EFCC probe into alleged misappropriation and diversion of funds said to have been obtained from Polaris Bank through multiple entities linked to him.
“Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a former board chairman of defunct Skye Bank Plc and businessman, Tunde Ayeni, in connection with alleged money laundering, misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m.
“Ayeni was arrested sequel to the investigation of the EFCC into alleged misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m obtained from Polaris Bank Plc by different entities linked to him.
“The funds were loans obtained allegedly for specific investment projects but subsequently transferred to other entities’ accounts. Investigations showed that, though the loans were obtained for purposes such as finance of marine security activities, electricity distribution contract, estate development, they were diverted to the NITEL/MTEL asset acquisition through NATCOM account,” one of the sources said.
Another source said the commission is currently probing 12 companies allegedly linked to Ayeni, which it said were used to obtain the loans from Polaris Bank.
“Twelve different companies linked to Ayeni are being investigated by the EFCC. They are entities he allegedly used to obtain loans from Polaris Bank for his shady activities. The loans are depositors’ funds fraudulently obtained and frittered into diverse wasteful purposes. Ayeni will be arraigned in due course upon conclusion of investigations,” the source said.
When contacted, EFCC spokesman Dele Oyewale confirmed the arrest but declined to give further details.
The Punch






