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Student Loans: A Game Changer For Education Financing In Nigeria

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Prof. Tunji Olaopa

By Tunji Olaopa

The Tinubu administration has just signed into law the student loan fund (SLF) that is meant to critically address the funding gaps that have plagued higher education in Nigeria.

The bill, introduced in 2016, is called the “Student Loans (Access to Higher Education) Act, 2023.” The SLF is meant to provide easy access to available loans that will ease education especially for indigent students in Nigeria’s tertiary institutions. The signing of this Act gives me a sense of reform relief, even though it is coming after such a long time. 

In the year 2000, during my stint as the head of the Education Sector Analysis Unit of the Policy Division at the Federal Ministry of Education, we were confronted with the protracted crisis of funding and access to tertiary education. This issue is at the very heart of the dispute, still ongoing, between the Federal Government and the Academic Staff Union of Universities (ASUU). After a deep-seated diagnostic analysis, it became evident, first, that alternative learning platforms, like the open and distant learning system, had become inevitable in a country like Nigeria. And that we had to draw on comparative global best practices to make it happen. Second, the diagnostic study revealed the imperative need for institutional financing schemes that would facilitate the expansion of the existing structures that enable students to make the most of their educational access through scholarship, grants, loans, bursaries and other targeted subsidies by the government at various levels. This was to be enabled by the student loans scheme (SLS) and the idea of the education bank in ways that heavily subsidize access to higher education in a cost-sharing arrangement between the government and the students. This diagnosis was backed up by an immediate research and evidence-based study tour, sponsored by the World Bank, that enabled my team to attend a World Bank seminar and training workshop in Denver, Colorado, United States. This intensive training exercise concerned issues of designing the SLS and managing its implementation and intended objectives, as well as mapping all the desirable institutional collaborations, especially with commercial banks and other regulatory mechanisms that will make its implementation successful.

While I am very delighted that the federal government has eventually arrived at the SLF. the time it takes to get to this point  – twenty-three years after it was first broached as a policy option, and seven years after the bill was introduced in the National Assembly – is a negative testament to how long it takes for game-changing policies to ever get signed into law, if ever they are signed into law or even get implemented. And now that we have arrived at the commencement of this beautiful policy, we need to diligently explore its many ramifications and implementational requirements to make it fill the financing gaps that it is meant to address in the first place.

Funding higher education has remained a huge problem since it became axiomatic that education has become critical to fashioning a human capital framework for enhancing the development agenda of states. This crisis of funding higher education arises from the multiple deficits of tertiary education in Nigeria, the source of many conflicts and analyses by scholars and  educationists. A major avatar of the struggle to address higher education and its many challenges remains ASUU and its many notorious strikes that have in turn crippled the universities for many years. These challenges are fundamental: poor financing, inability to recruit and retain quality staff, poor research funding, inadequate infrastructural facilities, lack of quality incentives, poor governance, and many more. We must not also forget to add the numerous and incessant strikes that are meant to address these challenges, but which eventually contribute to the damage they are meant to address.

This is the fundamental context that gave birth to the imperative of alternative policy thinking around funding and access to higher education, and specifically, SLF, with favorable conditions. targeted at specific fields that can contribute immensely to undermining the bottlenecks that freeze the loosening up of manpower skills in those fields. This is why the scheme is now operational in over fifty countries all across the world with different variations and with Colombia as pioneer. The objectives of adopting the scheme as an alternative means of financing higher education are essentially five: (i) income generation and therefore financial autonomy. (ii) facilitating the expansion of higher education, (iii) improving equity and access for the poor, (iv) meeting specific manpower needs, (v) easing student financial burdens, and (vi) increasing the supply of manpower in specialized and specific areas of national skills and competence gaps.

With the SLF therefore, there is the prospect of an increased flow of funding into the higher education system in ways that make for an equitable infusion that trumps the conventional financing through scholarship, bursaries and grants that are often crippled by fiscal deficit, bureaucratic corruption and acute politicization of the schemes. And this immediately signaled why the implementation of this SLF must be the function of an internal efficiency of the institution that supervises its implementation to achieve the desired objectives. But then, as my reform lesson has taught me so critically: the devil is always in the details. And the details in this regard concern the implementation of any beautifully designed policy at all. There is no good policy that cannot be undermined during execution. And the SLF is not an exception. For instance, there is the number one crucial issue of who qualifies for this loan. If the SLF excludes in any way those it is meant to serve in terms of encouraging and facilitating access to education, then its purpose is defeated already. Critical attention must therefore go into fine-tuning the accessing of the fund by indigent students since it is meant for them in the first place. Since the scheme is subsidized, the government needs to weigh its involvement in terms of its solid and sustained capital investment and the extent of the subsidy so as to ensure that the principle of equity is not undermined, and the poor students are not short-changed. Thus, the lower the interest rate and the longer the repayment period, the greater will the efficiency of the loan be.

This is not to say that policies do not fail in their design stage too. And this is where all stakeholders in this Act must really pay attention in order to ensure that the trajectory of the policy, from design and formulation to implementation, is not fatally flawed as to render it useless. One key issue concerns the administrative model for the SLF. This demands some deep and creative reflection so as to guarantee that the policy objectives will be properly conceptualized, coordinated and implemented coherently. The institutional mechanism and management system that go into the administrative model must learn and adopt what works and does not work in comparable countries experiences as well as the Nigerian good financial institution practices. This is to ensure that the SLF does not collapse and lose its good objectives like similar institutional financing schemes and institutions in Nigeria. Policy creativity demands, of course, the establishment of an agency to administer the SLF.

The agency will be saddled with the responsibility of thinking through and to thoroughly dimension the challenges embedded in the conditions for and the operational guidelines and procedures guiding its disbursement, repayment terms for the loans, assistance from and relationship with commercial banks, and other issues that will make for a seamless administration. Of course, the SLF agency has to be girded and circumscribed by good corporate governance practices that will prevent the SLF from being undermined by bureaucratic bottlenecks and corruption. The management of the loan-fund and the dynamics of its administration will be crucial matters to beware of Nigeria’s unfortunate statistics of youth unemployment that will play a critical role in how the framework of repayment will play out. There is also the important issue of those who have benefitted from the loans not being able to pay back because they are only able to get low-paying jobs, or struggling in the informal sector to make ends meet. And this should make us wary because even the United States is currently facing an epidemic of federal student loan debts totalling $1.6trillion as at September, 2022. The government and all stakeholders therefore have a fundamental stake in ensuring its success. Nigeria is a postcolonial and underdeveloping state with lots of dysfunction and deficit. But that is not an indication that good policies cannot be monitored to perform excellently.

That the SLF has now become a reform reality, and is in the process of being implemented, is a significant development, according to my reform intuition. Indeed, I am excited that the fundamental crisis of funding higher education in Nigeria is getting attention from a government that wants to tackle the development agenda from the perspective of facilitating human capital development. We can only just wait and keep hoping that the SLF will do what it is meant to do – alleviate the crisis of funding higher education in ways that will enhance the injection of critical funds into tertiary education and loosen up the dynamics that will throw up critical human capital that energize Nigeria’s development agenda.

Olaopa is a retired Federal Permanent Secretary, and Professor of Public Administration. tolaopa2003@gmail.com

 

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Opinion

Act Now To End Witchcraft Accusations And Ritual Attacks

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Witch Burning, Impunity And Abuses Linked to Witchcraft Beliefs In Benue State
Dr Leo Igwe
Dear Sirs/Madams,
This is an open letter to you, Emeritus Professors, Professors, Senior and junior lecturers, deans of faculties, heads of departments, and school teachers. I am writing because I feel heartbroken, disappointed, and betrayed. I write you because I believe, as educators, we are failing in our duty and obligation. I am writing to draw your attention to a disturbing and dangerous trend in our country: witchcraft accusations and ritual attacks. These practices are an ill wind that blows nobody any good. I urge you all to get involved in addressing this menace, campaigning against these harmful practices, and educating and enlightening the public. As you may have noticed, recently, our society has been witnessing a growing wave of attacks and killings linked to witchcraft accusations and ritual attacks. The situation is getting out of hand.
There have been rampant cases of abuse, savage acts, murder of suspected witches, and horrific killing of other human beings by ritualists. Men and women, youths and adults, children and elderly persons have been victims. The perpetrators have mainly been youths. These revulsive acts are motivated by misconceptions about nature and how nature works, by irrational and superstitious beliefs about causes of illnesses, death, and other misfortunes. These barbaric killings are motivated by mistaken ideas about wealth and riches, about how to make money or become successful. Witch hunting and ritual attacks persist because many people are deluded and have refused to confront and combat their delusions and superstitions. Witch hunting persists because many people believe strongly that human beings can turn into birds and cats, that human beings can harm others, and cause accidents and death through spiritual, magical, or supernatural means. These are nonsensical ideas, aren’t they? Ritual attacks take place in our society because many people believe in the potency and efficacy of ritual sacrifice of humans and animals. A notion that is outright hogwash!
Distinguished colleagues, you would agree with me that witch-hunting and ritual attacks persist due to the failure of our schools and teachers to educate and reorient the minds of our students, youths, and other members of society. We must admit that we have failed in our duty as educators and enlighteners of students and society. But we can rectify this failure, fix this problem, and combat the menace of witch hunts. Unfortunately, many lecturers and teachers hold and enable these superstitious beliefs. They reinforce these misconceptions in the minds of their students. Many lecturers are witch hunters; they are witchcraft imputing and exorcising pastors/imams or members of witch-hunting churches/mosques and shrines. Many teachers believe in ritual money, engage in ritual sacrifice, or sanction ritual beliefs and practices. They defend witch hunting and ritual sacrifice of humans and animals as a part of African culture. As intellectuals, we are complicit in this social menace. And our complicity constitutes a betrayal of intellectual and moral trust.
So, I urge you to have a change of heart and mind because our society is smoldering away due to superstitious nonsense. As intellectuals in a country like Nigeria, you are the people’s last and best hope. I urge you all to step forward and provide the intellectual and moral leadership that the situation urgently requires and help get our society out of this mess and danger.
There are two ways you can do this. First, before every lecture or class, remind your students that no one can harm or kill them through spiritual and supernatural means. Tell them nobody turns into a bird and flies out at night to harm others. Tell them that ritual money is fiction and has no basis in reason or reality. Second, liaise with the Advocacy for Alleged Witches to organize a seminar or a debate on witchcraft and ritual beliefs in your institution. Create opportunities for your students to discuss, challenge, and interrogate witchcraft and ritual narratives, exchange ideas, and share experiences.
Please, let’s begin to push back. Let’s start reorienting our students and youths for a better tomorrow.
Treat as urgent
Sincerely
Leo Igwe Ph.D (Bayreuth), Director, Advocacy for Alleged Witches, Affiliate Researcher, Institute of African and Diaspora Studies, University of Lagos. Research fellow, Institute for Policy Research and Integration in Africa, Freetown, Sierra Leone.
Tel 08130593605

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Ritual Killings: Resurgence And Need For Urgent Action In Nigeria

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Dooyum Dominic Ingye

By Dooyum Dominic Ingye

Before the end of last year, I watched several video clips on TikTok in which some Nigerian youths boasted about engaging in money rituals to get rich. I vividly remember a video showing several young people gathered in the home of a traditional priest for consultation on money rituals. Furthermore, the internet was flooded with videos of young Nigerians declaring, “As 2024 no work for me, na rituals we go do for 2025.” These were disturbing signs of the events that would later define 2025.

Due to the number of ritual killings recorded in 2025, Nigeria’s House of Representatives urged the Federal Government to declare a state of emergency. This was partly in response to figures released by the National Bureau of Statistics (NBS), which indicated that over 150 ritual killing cases linked to young people seeking quick wealth had been recorded in the six months leading up to January 2025. Many of these cases occurred in the western part of Nigeria and the Federal Capital Territory.

For those wondering, ritual killings have always been practiced in Nigeria—from the Ogbuefi and Otu-Edo ritual killings in pre-colonial times to the Otokoto ritual killings in post-independence Nigeria. In 1910, British High Commissioner Sir Hugh Clifford documented various ritual killings in Southern Nigeria. Essentially, where superstitious traditional beliefs held sway, ritual killings were practised.

Prior to Nigeria’s return to democracy in 1999, most ritual killings were performed for so-called traditional religious purposes. However, contemporary Nigeria is characterized by exploitative ritual killings driven by superstition, greed, and power. Vulnerable people—such as women, children, and the elderly—are the primary targets.

Many youths who engage in money rituals today likely grew up in the early 1990s and 2000s, a period when Nollywood movies and the media romanticized or sensationalized money rituals. Films such as Living in Bondage (1992), Circle of Doom (1993), Idejimba (1995), Blood Money (1997), Rituals (1997), and Last Burial (2000) effectively promoted ritual themes that not only evoked strong catharsis in viewers but also solidified their belief in rituals and other superstitious nonsense.

During this period, Nigerians were still reeling from the effects of the Structural Adjustment Program, which caused widespread hardship and suffering. Many saw these movies as validation of the effectiveness of rituals, believing that they could be used to escape poverty. These fictional narratives became ingrained in the minds of children who grew up admiring actors such as Kanayo O. Kanayo, Clem Ohameze, Kenneth Okonkwo, Pete Edochie, and others as classic examples of the success of rituals. They aspired to become like the fictional characters these actors played.

Similarly, the release of Isakaba in 2001 actively promoted the belief in magical powers, particularly Odeshi—the belief that certain charms can make the human body impervious to bullets and machetes. Isakaba depicted a society plagued by crime, where the policing system had failed. The introduction of the Isakaba Boys, who possessed magical powers to apprehend and kill criminals, was portrayed as a welcome solution.

The impact of this movie was profound: it resonated with Nigerians’ real-life experiences, and many wished for a real-life Isakaba to deal with criminals. As a result, many Nigerians grew up believing that certain rituals could make them invincible.

Furthermore, Nigeria’s weak law enforcement system has allowed ritualists to operate freely. Corruption and lack of consequences have emboldened those who engage in money rituals, as they see no one willing or able to stop or prosecute them.

Coupled with increased economic hardship—especially in the last two years—and social media pressure, many young people have been driven to kill others for ritual purposes. In a country where wealth is glorified without question, where education lacks critical thinking, and where social values are eroded, the belief that human body parts can be used to attain wealth or power reigns supreme.

These beliefs have led to the deaths of many young Nigerians with promising futures.

For instance, in January 2025 in Ogun State, four teenagers were arrested for the murder of 20-year-old Sofiat Kehinde. They allegedly decapitated her and burned her head, intending to use it in a money-making ritual. In Ushata village, Nasarawa State, a suspect was arrested for allegedly killing his friend’s seven-year-old son for ritual purposes. The arrest followed a report by the boy’s father regarding his son’s disappearance. In Kwara State, Ismaila Saliu, a 25-year-old herbalist, and an accomplice were arrested by the Nigeria Security and Civil Defence Corps for allegedly murdering Saliu’s 14-year-old brother for a money ritual. Reports indicate that he conspired with another herbalist and an accomplice to commit the act. In Abeokuta last month, Taiwo Yemitan was arrested by the Ogun State Police Command for possessing a fresh human head and dismembered body parts of a female victim. Last year, in Isua Akoko, Ondo State, Yusuf Adinohi was apprehended for allegedly possessing eight human skulls.

These killings have created fear and paranoia in communities. Feelings of trust and friendship have been completely eroded. Women and girls, who are often the victims, increasingly see men as dangerous predators. Worse still, ritual killings are now so rampant that ritualists kill their own wives and children, believing that sacrificing their loved ones will bring them wealth. The most sought-after human body parts for rituals include private parts, eyes, breasts, hearts, heads, tongues, and hands.

To address these issues, the government, as the major stakeholder, must take a decisive action by creating jobs and youth empowerment programmes to reduce desperation for quick wealth. There is a need to introduce stricter punishments for ritual-related crimes to deter offenders and to sponsor national awareness campaigns that educate Nigerians on the dangers of ritual killings. It is also necessary to address misconceptions around wealth and superstition by partnering with organizations such as the Advocacy for Alleged Witches (AfAW), which has spent the last four years addressing witchcraft accusations and ritual killings in Nigeria.

This year, AfAW launched the “Stop Witchcraft Accusations and Ritual Killings” campaign to tackle witch hunts and ritual killings by teenagers. Now is the right time for the government to support AfAW and end this menace once and for all.

Dooyum Dominic Ingye is the Program Manager of the Advocacy for Alleged Witches.

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Opinion

Reading Femi Osofisani’s Well-languaged Mind (1)

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Readers’ Showers Of Encouragement
Prof. Tony Afejuku

By Tony Afejuku

Let me begin this essay with an open confession – by “open confession” I mean my saying it loud here about writing or speaking about this column’s present subject without difficulty. He is a man, a literary personage of distinction, whose writing span covers years upon years running into decades of verbal self-expression of longitude and latitude of dexterity. Where do I begin and end my scrutiny of Professor Emeritus Femi Osofisan – a distinguished literary scholar and professional of numerous parts that are more than numerous parts? He is a writer who is intimately concerned with imaginative literature; he is an academic/literary administrator; he is a theorist and critic; he is a playwright and dramatist; he is a novelist, biographer and short story writer; he is a newspaper columnist; he is a teacher and mentor; he is a poet, he is, he is a poet. In these listed parts and landscapes, so to say, in which we can rightly examine him without qualms, he so fittingly, so skillfully and so penetratingly distinguishes himself to the extent that we cannot or may not but see him as a literary personality whose stories constitute a story of how his imagination is kindled by experiences, that is, by happenings that were/are intrinsically insignificant and significant at the same time. What this means (to me) is that Femi Osofisan is one gem of a human being and a writer who appeals to me as a significant embodiment of our world, of our landscape, and his response to it.

Now my difficulty about writing about Femi Osofisan today should be apparent to my readers. I cannot possibly dwell on everything I have listed above – as important as they are because I really set out to view him as a poet, a well-languaged poet, of “a particularly wholesome or edifying matter of communication,” as TS Eliot would say. His two recent volumes of new and selected poems respectively called Remember Tenderness (Volume 1) and The Jeweller of Night (Volume 2: On Night and Life’s Mutations) represent faithfully and interestingly what Femi Osofisan (Okinba Launko – his pen name – in publishing the volumes) essentially means to me from my perspective or impression of the qualities of the poems that well define him as a considerable figure in the world of poetry and of letters generally.

In drawing my readers’ attention to Okinba Launko’s new and old offerings in this light exercise, I am not too certain if I should stick squarely to a run of the mill newspaper critique or do the run of the grain on a piece of wood reading distinct in a lavish manner from the former. Which one will delight my readers – my sophisticated and un-sophisticated readers – more? My rumination on the matter fetches me this answer: “Employ what inspiration fetches you to fit into the scheme of the length of time of your purpose and position at present.”

As a poet, what school of poetry does Okinba Launko belong to in our clime as his volumes reveal? Furthermore, what generation of poetry Okinba Launko’s volumes belong to – as the volumes equally reveal? What span of years do they cover or seem to cover in terms of the generations of poetry in our age and clime? These are weighty and difficult questions. I was a young man, a young under-graduate of the Ahmadu Bello University in Zaria trying my hands at poetry and learning to hone my writing skills as a poet or would-be poet. Of course, at this time the great Chinua Achebe had published me in Okike, the very remarkable journal of new African writing he founded, and which is still existing. And my poems had appeared in Poetry From ABU edited by Brian F. Downes, an Irish, and one of our under-graduate lecturers who supervised my collection of poems which I submitted in my final year as the requirement for the Original Composition Course which I was the lone student allowed and expected to offer the course. I cannot remember at this time that I had encountered Femi Osofisan’s name or figure in the world of our literature. But something happened when the late novelist Kole Omotosho visited ABU’s English Department to deliver a lecture to us. After the lecture I remember asking him a question that bordered on the generation(s) of Nigerian Literature. I don’t remember that he answered the question to my literary or critical satisfaction. As the editor of the students’ Departmental literary magazine, The Mirror and one of the founders of ABU Writers’ Club, I was looking for masters outside the class or the generation of Achebe, Soyinka, JP Clark, Christopher Okigbo and others – who would stir us to write what we wanted to write. My stubbornly inquisitive insistence elicited Femi Osofisan’s name from him – but the poetry of the young Osofisan did not exist for me; it certainly did not ring a bell.

Let me relate another encounter. As an undergraduate, Onibonoje Publishers, Ibadan had accepted to publish several of my poems in an anthology – in which other poets – aspiring and established ones – would also be published. Just before I graduated Onibonoje Publishers sent me their contract papers which I duly filled,  signed and dispatched to them. When I did not hear from them after a long time that was more than a pretty long time, after my NYSC year, and I was already in Zaria as a Graduate Assistant, I travelled to Ibadan. Who did I meet there in the publishers’ office – but Kole Omotosho? He told me after hearing my story that Femi Osofisan was the editor of the envisaged anthology committed to the kind of poetry that world allow young writers/poets to use their voices to lead other younger ones the use of their own voices in an original manner. Up to this moment, even though we had ceaselessly seen or met each other at different times, I had not raised the issue with Osofisan whose figure has since loomed large in our consciousness. (Kole Omotosho informed me then in Ibadan that Onibonoje Publishers had some publishing hiccups which I presumed was why the anthology did not eventually see the light of the day).

Now, why this lengthy tale? It is germane, from my point of view, to the matter of the generation of poetry Okinba Launko two volumes that are well-languaged belong to. If at the time I alluded to Femi Osofisan had not made a name as a poet, but as a play-wright and dramatist, can I, can we, regard his poetry as that of a predecessor? And from another point of view can I, can we, regard his poetry as that of a contemporary? The year I mean in this reference to the master of drama and now of poetry after the generation of the big four – Achebe, JP Clark, Soyinka and Okigbo – is from 1975 on.

To be Continued.

Afejuku can be reached via 08055213059.

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