BUSINESS DAY
President Bola Ahmed Tinubu has announced the federal government will commence the disbursement of student loan to Nigerians by January 2024.
Tinubu who spoke at the openings session of the ongoing Nigerian Economic Summit in Abuja on Monday, said that the program is in furtherance of his commitment to ameliorate the sufferings of Nigerians.
“You have my commitment that my government will act on all its promises and the summit report when it is received. Be ready to challenge me after you have crafted those recommendations,” he said.
Students and parents are worried over the recent hikes in tuition by some higher institutions amid the delay in the implementation of a loan scheme expected to start this month.
The student loan scheme was initiated by President Tinubu’s administration to provide interest-free education loans for Nigerians willing to acquire tertiary education.
