Nigerian Government has postponed indefinitely the launch of the Student Loan Scheme earlier set to take place on Thursday. This was made known by Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), in an interview with Arise News on Tuesday.
Nigerian Government has postponed indefinitely the launch of the Student Loan Scheme earlier set to take place on Thursday. This was made known by Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund , in an interview with Arise News on Tuesday. Sawyer said that the launch had been postponed as there are some corrections that are being made around the launch itself. He, however, did not give a new date for the launch.
reported that President Bola Tinubu had on June 12, 2023, signed into law the Access to Higher Education Act, 2023, marking a significant step forward in the provision of interest-free loans for underprivileged students in Nigerian tertiary institutions. Tinubu's minister, Dele Alake, who was a member of the then Presidential Strategy Team, said the move was made in fulfilment of one of Tinubu’s campaign promises to liberalize funding for education.
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