UPDATED: Tinubu signs Student Loans Act 2024

has signed the Student Loans Bill 2024 into law, expressing determination to give education the proper attention.

The Student Loan Act 2023 was signed into law by President Bola Ahmed Tinubu GCFR on June 12, 2023, with the Act establishing the Nigerian Education Loan Fund to supervise, coordinate, administer and monitor the management of student loans in Nigeria. “We are determined to ensure that education is given the proper attention necessary for the country, including skills development programmes. This is to ensure that no one, no matter how poor their background is, is excluded from quality education and opportunity to build their future.

“This is a very great day for the country, great day for education, great day for Nigerian students and who have great need for support. We want to thank Mr President for his compassion and passion for the downtrodden, who are the beneficiaries of this scheme.

“We’ve seen Mr President’s commitment at the signing of the bill today, it shows that Mr President is the father of modern education in Nigeria and the initiator of this bill. He’s a hero of education, so we’re happy. “Today we are happy. God bless Mr President and the initiator of this bill. We are happy that it is happening now”, Emonefe said.

Source: Education Headlines (educationheadlines.net)

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