National News
President Tinubu signs students loan Bill
President Tinubu signs students loan Bill
By: Our Reporter
President Bola Tinubu has signed into Law the student loans Bill in fulfilment of a promise he made during his campaign.
Federal Government spokesperson, Mister Dele Alake who made the announcement this evening, stated that the funds will be domiciled in the Ministry of Education and will only be accessed by indigent students of tertiary institutions.
The student loan bill sponsored by the Speaker, of the 9th House of Representatives, Femi Gbajabiamila which provides for interest-free loans to indigent Nigerian students, passed the third reading at the House, two weeks ago.
The law is to provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund.
President Tinubu signs students loan Bill