Campaign Promises: Tinubu Signs Student’s Loan Bill Into Law
President Bola Ahmed Tinubu has signed the Student’s Loan Bill into law in fulfilment of campaign promise to liberalise funding of education in the country.
According to blueprint.ng, this was disclosed by the President’s media team led by Mr Dele Alake, who addressed State House correspondents in company of the Permanent Secretary of the Federal Ministry of Education, Mr. David Adejo Andrew.
“We are very happy to announce to you that today (Monday), just a few minutes ago, the President His Excellency, Bola Ahmed Tinubu, signed into law, the Student Loans Bill and that Student Loans Bill, you all know what it entails, what it connotes and the meaning.
“This is the promise made during the presidential campaign by the then candidate, Bola Ahmed Tinubu, that he will bring back the student loans issue to the front burner and today, that promise he made has been kept.
“He has just signed that bill into law, which henceforth, will allow or enable our indigent students to access federal government loans to fund their educational pursuit or career and this is how it is done in other developed climes all over the world,” he said.
He said the grant is solely for the purpose of creating opportunity for indigent candidates to get education.
He said the new law provides easy access to higher education for Nigerians through interest free loans to be obtained from the Nigerian Education Bank.
