Categories: News

Breaking News: FG ignores ASUU, set to begin giving student loans in September

Federal Government has ignored the Academic staff union of universities ahead of the implementation and disbursement of student loans which will begin in September

The bill has previously met stiff opposition from the academic union and student bodies such as the National Association of Nigerian Students and workers’ unions, who described it as an attempt by the government “to wash its hands off the funding of the university.”

This was revealed in a press conference held in Abuja today, by the the Permanent Secretary, Andrew David Adejo, of the Federal Ministry of Education,who disclosed that a committee composed of ministries and agencies, as approved by President Bola Tinubu, has been established to oversee the implementation of the recently signed Student Loan Bill.

Adejo said the law would provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund.

The loan, he said, covers students in private and public schools.

He said that President Tinubu had also approved a committee made up of ministries and agencies to see to the fruition of the loan scheme.

Folaranmi Ajayi

Folaranmi Ajayi, Senior Reporter at Edugist is an educator with over a decade of experience in teaching and helping students pass exams with above-average grades. He is an investigative education journalist with a special interest in local education reporting, mentoring students, public speaking, and online training.

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