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Tinubu announces new date of commencement for student loan

President Tinubu said the loan programme “must commence” in January 2024.
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President Tinubu

THE Federal Government of Nigeria, under the leadership of President Bola Ahmed Tinubu, has announced a new date for the implementation of the Access to Higher Education Act, known as the Students Loan Law, recently assented to by President Tinubu.

Recall that since signing the bill into law in June, many Nigerians have criticised its introduction, describing it as a ground for the introduction of tuition fees in the nation’s tertiary institutions.5234

Meanwhile, despite the opposition to its implementation, the Permanent Secretary of the Ministry of Education, Andrew Adejoh, revealed at the time that the implementation would commence in September, which failed to happen.

However, speaking at the 29th National Economic Summit on Monday, President Tinubu said the loan programme “must commence” in January 2024.