The Federal Government has said that it was working out modalities to commence student loans in September/October 2023.
Adejo noted that president Tinubu has also approved a committee made up of Ministries and Agencies to see to the fruition of the loan scheme.
“The Act, as it is, tells us the process, but as I speak with you today, the President has approved the committee made up of the Ministries and agencies and their meeting will be coming up 20th of June. He also said it will cover both students in private and public institutions, adding that the government will create a new bank for it.
“The loan is for you to get an education programme and get employed, then you start paying back. The loan recovery does not start until you get employed,” he added.
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