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Breaking: Student loan scheme takes off in January 2024 – Tinubu

President Bola Tinubu has provided assurance that the era of strikes in the country’s academic sector is coming to an end as the administration’s Students Loans Scheme is set to commence in January next year. 

President Tinubu made this pledge during his speech on Monday at the 29th annual Nigerian Economic Summit, hosted by the Nigerian Economic Summit Group (NESG) at the Transcorp Hilton in Abuja.

Tinubu, who extensively discussed his administration’s strategies for economic stabilization in collaboration with all stakeholders, particularly the private sector, also emphasized the immediate need to establish a sustainable credit scheme. He highlighted that such a scheme would contribute to an effective anti-corruption campaign.

He said: “By January 2024, the new Students Loan Programme must commence. To the future of our children and students were saying no more strikes.

“There must be consumer credit, scheme will have to come to effect as soon as possible. I thank my team and my colleagues to build this programme, develop it now. We cannot talk about anti-corruption when you have to look for cash to buy a car, when there’s no mortgage for homeownership”, he said.

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