BREAKING: President Tinubu Signs Students Loan Bill

Student Loan
FG Sets Date To Begin Giving Student Loan

President Bola Tinubu’s signing of the Students Loan Bill into law may have brought relief to the nation’s poor students.

This was revealed to State House reporters at the Presidential Villa in Abuja by Mr. David Adejo Andrew, the Permanent Secretary of the Ministry of Education.

The Students Loan Bill, which was signed into law, is an interest-free loan, according to the Permanent Secretary.

Recall that Tinubu had pledged to provide student loans during one of his campaigns in an effort to expand the educational sector and increase the capacity of young people.

Tinubu made the promise at the British Royal Institute in London.

“Youths are the greatest asset of tomorrow,” Tinubu said in Chatham House while fielding questions from participants at the event, adding that they will be part of his “all-inclusive” government, pointing to the Lagos State Governor Babajide Sanwo-Olu.

“The education system is to change. We would overhaul it and tinker with some areas with the philosophy that no one would be left behind. There will be student loans for all. We are going to reform the Almajiri system, We are equally going to build more schools, recruit more teachers and train them,” the former Lagos state governor said.

To further help young people, he said if elected, his government would equally introduce technology hubs where youths can acquire digital skills to better develop their leadership skills.

“Youths can even develop technological languages on their own and make a better 21st-century approach to governance in Nigeria,” he said.