Students loan: Tinubu to launch scheme Thursday – Presidency

The Presidency has disclosed that President Bola Tinubu will on Thursday launch the Student Loan Scheme.

Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, disclosed this on Sunday while appearing on TVC’s programme ‘Counting the Cost of Presidents Tinubu’s Reforms.’

According to Ngelale, “Later this week, on Thursday, the President will launch the historic National Student Loan Programme.

“This 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.”

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,