July 21, 2024
Tinubu Writes Senate, Demands Reenactment Of Students Loan Act
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Tinubu Writes Senate, Demands Reenactment Of Students Loan Act

President Bola Ahmed Tinubu has written to the Senate, demanding a repeal and reenactment of the students loan act.

The president made the demand in a letter dated March 14, addressed to the Senate President, Godswill Akpabio, and read on the floor of the Senate during plenary on Thursday.

READ ALSO: Tinubu Appoints Ilori As New NACA DG

This is coming a day after the federal government announced that the commencement of the student loan scheme had been temporarily suspended.

The Student Loan Bill seeks to enhance the implementation of the Higher Education Loan Scheme by addressing challenges related to the management structure of the Nigerian Education Loan Fund (NELF), applicant eligibility requirements, loan purpose, funding sources and disbursement and repayment procedures.

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