Forum for Democracy and Development (FDD) president Edith Nawakwi has advised government to make use of suspense accounts which have excess monies and channeled the funds to the education sector.
Ms Nawakwi has told Qfm News in an interview that there are quite a number of Suspense accounts at National Pension Scheme Authority (NAPSA), Zambia State Insurance and Workers Compensation Fund which are merely being abused by greedy people.
Ms.Nawakwi says all the social security schemes are just being abused while the future of the young Zambians who require higher education is being wasted.
She states the monies in these institutions can help support students yearning for higher education.
The FDD president explains that this money which is lying idle can be taken to ZANACO and allow the bank to structure loans for students.
Ms Nawakwi says it is unfortunate that even those who are extra brilliant with good points are failing to get into the university because their parents cannot afford to pay for their education.
( Tuesday 07th October 2014 )