President Bola Tinubu says the much-awaited Student Loan Scheme and other programmes of his administration which ought to have commenced are being fined-tuned.
The President said this at the flag off of the Agric Mechanisation Revolution for Food Security in Minna, the Niger State capital.
Recall that the President had last June signed the Access to Higher Education Bill into law to allow indigent students access interest-free loans to run programmes in any Nigerian tertiary institutions. Reports say that the scheme, which was to start last September and postponed to January 2024, is yet to commence, even as the government said it is fine-tuning the process.
The loan is open to all Nigerian students in the nation’s higher institutions, with a flexible repayment plan starting from two years of earning an income after the mandatory national youth service.
However, the President declared that the scheme and others will commence as they are undergoing final touches.