President Bola Tinubu said the Federal Government’s new Students Loan Programme is set to launch in January 2024.
President Tinubu disclosed this while speaking at the 29th annual Nigerian Economic Summit, organized by the Nigerian Economic Summit Group (NESG) at the Transcorp Hilton in Abuja.
He expressed a strong commitment to ending the era of strikes in the nation’s academic environment.
Tinubu said, “By January 2024, the new Students Loan Programme must commence. To the future of our children and students, we’re saying no more strikes.
“There must be consumer credit, the scheme will have to come into effect as soon as possible. I thank my team and my colleagues for building this program and developing it now.
“We cannot talk about anti-corruption when you have to look for cash to buy a car when there’s no mortgage for homeownership,” he said.
Tinubu stressed the need for an immediate and sustainable credit scheme, which he believes will play a vital role in promoting an effective anti-corruption campaign.
Kanyi Daily recalls that the Academic Staff Union of Universities (ASUU) had appealed to Bola Tinubu to transform the recently assented Students Loans Act into grants specifically designed for indigent students.
