Nigerian News

Tinubu Signs Student Loan Bill Into Law

AfriqueCAN: PRESIDENT Bola Tinubu has signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law www.afriquecan.com 

President Tinubu signed the bill during a short ceremony at the State House, Abuja, on 

Wednesday.

“First of all, I must thank 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,” Tinubu said after signing the Bill.

The development follows reviews of the report of the Committee on Tertiary Institutions and TETFund by both the Senate and the House of Representatives.

Although the President had  initially signed the student loan bill into law in June 2023, to offer financial assistance to Nigerian students in tertiary institutions, its implementation has been delayed due to various issues hindering its rollout.

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