NANS Advocates Transparent Disbursement of Tinubu Government's Student Loans
Mr. Obi further highlighted the necessity of establishing transparent and effective monitoring mechanisms to track the disbursement process and ensure the appropriate allocation of funds. This includes regular audits, public reporting, and feedback channels for students to report any issues or irregularities they may encounter.
Binye-lum 
The National Association of Nigerian Students (NANS) has emphasized the need for transparency in the disbursement of student loans initiated by the government. In a statement released on Friday in Abeokuta by NANS’ national president, Pedro Obi, the association urged the federal government to appoint individuals known for their integrity and competence to oversee the scheme, ensuring its success and sustainability.
While acknowledging the efforts of President Bola Tinubu’s administration in initiating the student loan scheme, Mr. Obi called for inclusive engagement of all relevant stakeholders in its implementation process. He stressed the significance of transparency and accountability in the disbursement of the loans, emphasizing the importance of engaging all stakeholders to ensure the success and integrity of the scheme.
Mr. Obi further highlighted the necessity of establishing transparent and effective monitoring mechanisms to track the disbursement process and ensure the appropriate allocation of funds. This includes regular audits, public reporting, and feedback channels for students to report any issues or irregularities they may encounter.
The National Assembly passed the Amended Student Loan Bill into law on March 20, and President Bola Tinubu assented to it on April 3. The loan scheme aims to alleviate the financial burdens faced by many students and their families, potentially ending the mass exodus of Nigerian students seeking education abroad.
