Student loan scheme to start January 2024 – Tinubu

Student loan scheme to start January 2024 – Tinubu

By Jimmy

President Bola Tinubu has disclosed that plans are underway for his administration to roll out the Student Loan Scheme in January 2024.

The President made this announcement on Monday while speaking at the 29th edition of the annual Nigerian Economic Summit, anchored by the Nigerian Economic Summit Group (NESG), at the Transcorp Hilton, Abuja.

He emphasized the need to immediately initiate a sustainable credit scheme, which according to him, will aid an effective anti-corruption campaign, is urgently needed.

SEE: Tinubu orders payment of four months ASUU withheld salaries

President Tinubu noted that “By January 2024, the new Student 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 programme 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 also spoke about his administration’s plans to stabilise the economy, through the collaboration of all stakeholders, especially the private sector.

Leave a Reply

Your email address will not be published. Required fields are marked *