President Bola Tinubu said the new Students Loan Programme of the Federal Government will take off in January 2024.
President Tinubu disclosed this while speaking at the 29th edition of the annual Nigerian Economic Summit organized by the Nigerian Economic Summit Group, NESG, at the Transcorp Hilton, Abuja on Monday.
“ByJanuary 2024, the new student loan must commence. To the future of our children and students, we are saying no more strikes,” he said.
In celebration of June 12, President Tinubu signed into law the student loan bill, a promise he made during his campaign.
The bill, sponsored by the Speaker of the 9th House of Representatives, Femi Gbajabiamila, now Chief of Staff to the President, provides easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund.