Tinubu Signs National Students Loan Amendment Bill into Law

The President signs the national Students loans amendment bill into law at the State House in the presence of the Senate President, Godswill Akpabio, Deputy President of the Senate, Barau Jibrin, The Chief of Staff to the President, Femi Gbajabiamila, the Minister and Minister of State for Education, Hannatu Musawa, the Minister of State for Youth, Ayodele Olawande, the president of the National Association of Nigerian Students, other government officials on Wednesday.

The president has initially signed the student loan bill into law back in June 2023, to provide financial assistance to Nigerian students in tertiary institutions.

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As the bill was earlier signed by Tinubu however its implementation has faced delays due to various challenges hindering its rollout

The President’s speech at the signing of the bill:

“We have just signed the bill proclaiming the student loan effective.

“First of all, I must thank the members of the National Assembly for their expeditious handling of this bill, considering the children of Nigeria that education is the tool to fight against poverty effectively.

“We are determined to ensure education is given the proper attention necessary for the country, including skill-development programmes.

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“This is to ensure that no one no matter how poor their background is, is excluded from quality education and opportunity to build their future.

“We are here because we are all educated and we are helped, in the past we’ve seen a lot of our children drop out of colleges and given up the opportunity.

“That is no more! The standard and the control is there for you to apply no matter who you are as long as you are a Nigerian citizen.”

By Sophina Ovuike, Abuja