NANS Commends Tinubu's Student Loan Scheme, Vows to Monitor Implementation

Lucky Emonefe, the newly-elected president of NANS, conveyed this message during his maiden press conference at the conclusion of the national convention in Abuja. Emonefe commended President Tinubu for suspending the policy that would have mandated tertiary institutions to remit 40% of their Internally Generated Revenue to the government's coffers.

NANS Commends Tinubu's Student Loan Scheme, Vows to Monitor Implementation

The National Association of Nigerian Students (NANS) has expressed excitement over the upcoming implementation of President Bola Tinubu's student loan scheme, scheduled to commence in January. NANS, the umbrella body of Nigerian students, has pledged to actively monitor the scheme's execution.

Lucky Emonefe, the newly-elected president of NANS, conveyed this message during his maiden press conference at the conclusion of the national convention in Abuja. Emonefe commended President Tinubu for suspending the policy that would have mandated tertiary institutions to remit 40% of their Internally Generated Revenue to the government's coffers.

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Speaking at the press conference, Emonefe stated, "The stoppage of the proposed remittance of 40% IGR of public-owned tertiary institutions to the federal cover is manifest of Mr. President’s feelings of gauging the pulse of Nigerian Students and citizenry." He emphasized that the policy, if implemented, would have placed significant pressure on the well-being and survival of Nigerian students.

NANS, under Emonefe's leadership, plans to closely monitor and scrutinize government policies affecting students' well-being and the greater welfare of the Nigerian citizenry. The association appealed to President Tinubu to approve a national annual bursary of N200,000 for all Nigerian students, serving as palliatives to alleviate the economic challenges in the country.

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Emonefe said, "NANS is NANS for the students’ interests. As a flow from the above, we hereby make a passionate appeal to Mr. President to approve a national annual bursary of N200,000 to all Nigerian students irrespective of their creed or tribe. This, of course, will cushion the effects of the hard economic situation caused by the economic reforms of President Bola Ahmed Tinubu."