In a recent address at the 29th annual Nigerian Economic Summit, held at the Transcorp Hilton in Abuja and organized by the Nigerian Economic Summit Group (NESG), President Bola Tinubu disclosed the anticipated commencement date for his administration’s Students Loan Scheme. The President stated that the program is set to kick off in January 2024.
During his speech, President Tinubu emphasized the importance of the Students Loan Programme in the context of Nigeria’s education system and the persistent issue of strikes. He declared, “By January 2024, the new Students Loan Programme must commence. To the future of our children and students, we’re saying no more strikes.”
President Tinubu also highlighted the need for a Consumer Credit Scheme to be implemented as swiftly as possible. He underlined the significance of such a scheme, stating, “We cannot talk about anti-corruption when you have to look for cash to buy a car, when there’s no mortgage for homeownership.”
This announcement is expected to be of considerable interest to students and families across Nigeria, as it addresses key issues in the education sector and aims to provide financial support to students while promoting stability in the country’s educational institutions.
