The Presidency has disclosed that President Bola Tinubu will on Thursday launch the Student Loan Scheme.
Tinubuโs Special Adviser on Media and Publicity, Ajuri Ngelale, disclosed this on Sunday while appearing on TVCโs programme โCounting the Cost of Presidents Tinubuโs Reforms.โ
According to Ngelale, โLater this week, on Thursday, the President will launch the historic National Student Loan Programme.
โThis is a major form of obligation reduction for Nigerians and families and young people at a time when Nigerians are feeling the pinch. We believe this is the way to go.โ
On June 12, 2023, Tinubu signed the Access to Higher Education Act, 2023, into law.
The bill is aimed at enabling students to access interest-free loans for educational purposes.
The Federal Government had delayed in starting the scheme that was initially scheduled to commence between September and October 2023,