Barely 48 Hours Before Launch, FG Postpone Student Loan Scheme Indefinitely
The Federal Government has postponed the launch of the Nigerian Students Loan Scheme indefinitely just barely 48 hours before launching.
The Executive Secretary of the Nigerian Education Loan Fund, Akintunde Sawyer, made this known during an interview with ARISE NEWS on Tuesday.
In June 2023, President Bola Tinubu signed a bill to start a Students Loan Fund that would give interest-free loans to Nigerians for higher education.
A former Speaker of the House of Representatives, Femi Gbajabiamila, proposed the bill and it was supposed to start between September and October 2023.
Meanwhile, Tinubu said the programme would begin in January 2024, after missing the October deadline.
In January, Minister of State for Education, Yusuf Sununu, said at a meeting that preparations for the program were finished. This included making the Student Loan Scheme website and planning how to start the programme.
Also, Tinubu told leaders of the National Association of Nigerian Students that the programme would start once they added more features, like vocational studies.
However, barely 48 hours before the launch, Sawyer said the loan scheme was postponed due to some corrections that were being made around the launch.
“Unfortunately, I won’t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome and sustainable way,” he said.
-
Previous Post
Sango Fire Outbreak: Senator Sympathies With Victi..
-
Next Post
Oyo Govt Demolishes Close To 50 Houses, Leaves ..
Leave A Reply
Similar Stories
.png)
Recent Post
-
Ola Olanrewaju To Receive Full Membership Induction At 2024 IPDCRM Corporate Charisma Conference
-
Police Arraign 10 Traders In Court For Allegedly Tampering With Electricity Meters
-
Acting COAS Orders Investigation Of Alleged Brutality By Soldiers
-
Ibadan Media's CEO, Ola Olanrewaju Awarded
-
JCI Ibadan Elite Hosts 2024 Convention, Investiture of 8th President
-
She Grows Africa To Host Financial Literacy Training
-
IPDCRM Set To Host 2024 Corporate Charisma Conference in Ibadan
-
Tinubu Reshuffles Media Team, Names Bwala and Dare As Co-Spokespersons With Onanuga
-
Oyo Civil Service Commission Releases Timetable For CBT Exam
-
Makinde, Adeleke Condemn Ganduje Over APC's South-West Takeover Remarks
-
APC To Win Oyo, Osun After Ondo, Says Ganduje
-
Two Arraigned For Stealing N50 Million Worth Of Iron Rods
-
Nigeria’s inflation rate rises to 33.8% as food prices’ surge persists
-
Bobrisky: Court adjourns Falana’s suit against VDM
-
Tinubu Presides Over FEC Meeting
-
Remains of Late Gen. Lagbaja Depart Lagos for Abuja Ahead of Burial
-
Oyo Govt Seals Hospitals As Four Die Of Lassa Fever In Saki
-
Remains of Late Gen. Lagbaja Arrive Lagos Airport
-
Multichoice Loses 243K DStv, GOtv Subscribers As More Customers Threaten To Leave
-
Mera Attack: CDS Deploys Troops To Kebbi