Just another News Updates
The Academic Staff Union of Universities (ASUU) has raised concerns over the proposed education loan scheme, warning that it will plunge students into perpetual debt. ASUU, following its National Executive Council meeting at the Niger Delta University, criticized the failure of the government, led by Bola Tinubu, to address longstanding issues, leading to nationwide strikes […]
President Bola Tinubu has reaffirmed his dedication to preventing any student from dropping out of tertiary institutions due to financial constraints during his tenure. He assured that his administration will prioritize providing essential resources to support educational institutions in fulfilling their responsibilities. Speaking at the 33rd convocation ceremony of the Federal University of Technology, Akure […]
Following the harmonization of the ₦2.17 trillion 2023 Supplementary Budget, both the Senate and the House of Representatives have increased the student loan appropriation to ₦10 billion. Notably, the controversial presidential yacht, initially budgeted at ₦5 billion, was excluded from the final budget. President Bola Ahmed Tinubu assured Nigerians that the allocated funds for student […]
The Senate yesterday rejected a motion to reintroduce a 9th Senate’s motion on the N500 billion Development Bank loan. The motion, titled, “Uneven Disbursement Of Half A Trillion Naira Loan To The Six Geopolitical Zones By The Development Bank Of Nigeria,” introduce by the Senate Chief Whip, Ali Ndume, was rejected on the ground that […]
The Academic Staff Union of Universities (ASUU) has said the Student Loan Bill, which President Bola Tinubu signed into law is capable of sending many students out of school. On Monday, the president signed the bill saying it is a fulfillment of one of his campaign promises. Many, including critics of his government, had hailed […]
The National Association of Nigerian Students, NANS, has asked President Bola Tinubu to remove the Nigerian Bar Association, NBA and the Academic Staff Union of Universities, ASUU from the board of the Nigerian Education Loan Fund, as proposed by the students’ loan bill signed into law on Monday. The student body stated this during a […]
BREAKDOWN OF THE STUDENT’S LOAN President Tinubu signs the student’s loan bill into law which seeks to provide financial solution to Nigerian Students for the purpose of Tertiary Education. Here are few things you need to know about the bill; PURPOSE OF THE LOAN The loan can be accessed for the purpose of paying school […]
The signing of the Student Loan Bill into law by President Bola Tinubu on Monday has elicited commendations from the public, especially students. The bill will enable Nigerian students access loans at interest-free rates. It is also expected to see the establishment of an education bank. In November 2022, the bill was passed by the […]