Student Loan Scheme to Commence in January 2024, Announces President Tinubu
Speaking at the event, President Tinubu also asserted that the era of industrial actions in the nation's academic sector has come to an end.The President outlined his administration's plans to stabilize the economy with the collaboration of all stakeholders, with a particular emphasis on the private sector's involvement.
AKACHI NOEL 
During the 29th annual Nigerian Economic Summit, held at the Transcorp Hilton, Abuja, President Bola Tinubu confirmed that the implementation of the student loan scheme would commence in January 2024.
Speaking at the event, President Tinubu also asserted that the era of industrial actions in the nation's academic sector has come to an end.The President outlined his administration's plans to stabilize the economy with the collaboration of all stakeholders, with a particular emphasis on the private sector's involvement.
READ ALSO:Rich Nigerian Man Takes CLA 45 AMG Benz Worth Over N42M to UNILAG, Clip Shows Students "Rushing" Him
Furthermore, President Tinubu stressed the importance of initiating a sustainable credit scheme as part of an effective anti-corruption campaign. He stated, "By January 2024, the new Students Loan Programme must commence. To the future of our children and students we're saying no more strikes. There must be consumer credit; the scheme will have to come into effect as soon as possible."
President Tinubu expressed the need for such financial programs to eliminate the need for individuals to search for cash for basic needs and emphasized the importance of addressing financial concerns in the pursuit of an anti-corruption agenda.
RECOMMENDED FOR YOU:Nigerian Scholar Grabs Scholarships for Mechanical Engineering Master's and PhD Programs at Three U.S. and Canadian Universities
This announcement marks a significant step toward enhancing access to higher education in Nigeria and reducing the frequency of academic disruptions due to strikes.
