President Bola Ahmed Tinubu
Tinubu signs Students Loan Bill into law
President Bola Tinubu has signed into law the Student Loan Bill.
This was announced on Monday by the spokesperson for the Federal Government, Dele Alake, saying that the funds would be domiciled in the Ministry of Education and could only be accessed by indigent students of tertiary institutions.
The student loan bill sponsored by the Speaker of the 9th House of Representatives, Femi Gbajabiamila, provides for interest-free loans to indigent Nigerian students passed the third reading at the House, two weeks ago.
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