June 20, 2025

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Education News

President Tinubu Says FG ‘ll  ‘Activate’ Student Loan Scheme January Next Year

President Tinubu Says FG ‘ll  ‘Activate’ Student Loan Scheme January Next Year

President Bola Tinubu disclosed on Monday  that the Student Loan Scheme he approved on June 12, 2023, would be activated in January 2024 while also promising to stop strike actions by lecturers at public universities.

Team@orientactualmags.com learned that President Tinubu said this while declaring  open the 29th session of the annual Nigeria Economic Summit at the Transcorp Hilton, Abuja.

 ‘By January 2024, the new Student Loan Programme must commence. To the future of our children and students we’re saying no more strikes’ he said.

The NES is anchored by the non-profit think-tank, the Nigerian Economic Summit Group.

President Tinubu, who also talked about  his administration’s plans to stabilize the economy through collaboration with all stakeholders, especially the private sector, noted that there is a need to immediately initiate a sustainable credit scheme.

Such a scheme would according to him  aid an effective anti-corruption campaign

‘There must be consumer credit, the scheme will have to come into effect as soon as possible’ he said-Team@orientactualmags.com
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