In fulfillment of one of his electoral campaign promises to liberalize funding of education in the country, President Bola Tinubu on Monday, signed the students loan bill into law.
A member of the Presidential Strategic Team, Dele Alake, disclosed this to correspondents at the Presidential Villa, Abuja.
With other close aides of the president, including Tunde Rahman, Abdulaziz Abdulaziz as well as the Permanent Secretary, Ministry of Education, David Adejoh, Alake said: “We are very happy to announce to you that today, just a few minutes ago, the President His Excellency, Bola Ahmed Tinubu, signed into law, the student loans bill. You all know what it entails, what it connotes, the meaning.
“This is the promise made during the presidential campaign by the then candidate, His Excellency, Bola Ahmed Tinubu, that he will bring back the student loan issue to the front burner, and today, that promise he made has been kept.
“He has just signed that bill into law, which henceforth, will allow or enable our indigent students to access federal government loans to fund their educational pursuit or career and this is how it’s done in other developed climes all over the world.”