The Nigeria President, Bola Ahmed Tinubu has directed that by September to October this year, the first recipients of student loans should be announced.

According to Permanent Secretary Federal Ministry of Education, David Adejo Mr. Tinubu retracted that between now and then, we have to phantom the process for people to get the loan.

“The president has also directed that by September to October of this 2023/2024 academic session, he wants to see recipients of these loans. So, it is a very serious march for us.”

He stated that indigent students would have easy access to higher education through interest-free loans from the Nigerian Education Loan Fund, adding: “The bank is not going to be the type that will sit down and be collecting application loans.

Eduvision earlier reported that President Tinubu signed the Student Loan Bill into law on Monday, June 12.

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The bill will enable students across the country to access loans at interest-free rates.

Adejo said “The president has approved the committee made up of the ministries and agencies and their meeting will be coming up on June 20.