Federal government says the student loan scheme that was approved by president Tinubu in June is on track to commence in January 2024.
In a statement by the minister of state for education, Yusuf Tanko Sununu, the federal government is ready to commence implementation of the loan in 2024, noting that all necessary plans are in place.
President Tinubu had in November, at the 29th national economic summit, emphasised the viability of the student loan scheme as a means of financing tertiary education and expanding the public’s accessibility to higher learning.
He stated that by January 2024, the new students loan programme must commence. To the future of the children and students, to put an end to strikes.
According to him, to address long-standing issues in the education sector, a more sustainable model of funding tertiary education will be implemented, including the student loan scheme scheduled to become operational by January 2024