President Bola Tinubu has signed the Student Loan Bill into law which allows Nigerian students to access loans from the government. The piece of legislation had passed the second reading at the House of Representatives on May 25, 2023.
Commenting on the bill, Alake told journalists that the new law was a fulfilment of one of the electoral promises of President Tinubu to liberalise funding of education in the country. “We are very happy to announce to you that today, just a few minutes ago, the President signed into law, the Student Loans Bill and that Student Loans Bill, you all know what it entails.
The bill, which passed second reading at the House of Representatives on May 25, 2023, was sponsored by Gbajabiamila, Speaker of the 9th House of Representatives.
Source: Education Headlines (educationheadlines.net)
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