Tinubu signs Students Loan Bill into law

Indigents students in the country now have hope of pursuing their academic dreams as President Bola Tinubu on has signed the Students Loan Bill into law.

Permanent Secretary, Ministry of Education, Mr. David Adejo Andrew, disclosed this to State House correspondents, at the Presidential Villa, Abuja, on Monday.
The new law provides easy access to higher education for Nigerians through interest free loans through the Nigerian Education Bank with a view to provide education for all Nigerians.

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The new law makes provision for Nigerians seeking higher education into institutions of higher learning to secure loans through Nigerian Education Bank.
According to the act, all students seeking higher education in any public institution of higher learning in Nigeria shall have equal rights to access the loan without any form of discrimination arising from gender, religion, tribe, position or disability of any kind.
The Act also stipulates that the loan shall be granted to students only for the payment of tuition fees.

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