FUTA VC, Prof. Adenike Oladiji, Advocates for Effective Implementation of Student Loan Scheme
The Vice Chancellor of the Federal University of Technology, Akure (FUTA), Professor Adenike Oladiji, emphasized the importance of effectively implementing the student loan scheme to aid students in their educational pursuits during the 2024 Labour Colloquium organized by the Senior Staff Association of Nigeria Universities (SSANU).
Chris Oyeoku Okafor 
The Vice Chancellor of the Federal University of Technology, Akure (FUTA), Professor Adenike Oladiji, has emphasized the significance of proper implementation of the student loan scheme to aid students in their educational pursuits.
Speaking at the 2024 Labour Colloquium organized by the Senior Staff Association of Nigeria Universities (SSANU), Professor Oladiji underscored the potential of the student loan scheme to facilitate access to education, provided it is effectively executed.
The Student Loan Bill, initiated by the Speaker of the 9th House of Representatives and current Chief of Staff to the President, Femi Gbajabiamila, was enacted into law by President Bola Tinubu in June 2023. This legislation aims to provide interest-free loans to financially disadvantaged Nigerian students, thereby easing their path to higher education through the Nigerian Education Loan Fund.
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Addressing attendees at the colloquium, which took place at FUTA, Professor Oladiji stressed the importance of examining the student loan scheme to ensure that the repayment process is manageable for students. She emphasized the need for a mechanism that eases the burden on beneficiaries, thus maximizing the scheme's impact in supporting indigent students.
Furthermore, the discourse on the student loan scheme resonated among stakeholders present at the event. A representative of Governor Lucky Aiyedatiwa echoed the call for the education sector to embrace and actively support the implementation of the scheme.
The discussion at the Labour Colloquium reflects a broader commitment to enhancing access to higher education and addressing socio-economic disparities in Nigeria. Through collaborative efforts and strategic initiatives such as the student loan scheme, stakeholders aim to create a more equitable educational landscape, empowering aspiring students from all backgrounds to pursue their academic ambitions.
The Vice Chancellor's advocacy underscores FUTA's dedication to promoting inclusive education and supporting initiatives that foster academic excellence and socio-economic development.
