The Academic Staff Union of Universities has explained why the newly signed Students Loan Act by President Bola Tinubu is discriminatory between the children of the rich and the poor. Recall that President Tinubu on Monday, in Abuja, signed the Student Loan Bill into law. The measure was signed in 'fulfilment of one of his campaign promises to liberalise education funding,' according to Dele Alake, a member of the Presidential Strategic Team, on Monday evening. Tinubu's second piece of legislation passed since taking office two weeks ago is the Students Loan Act.
Student Loan Act By Tinubu Discriminatory, Imposes More Burden On Poor Nigerians — Academic Lecturers, ASUU, ASUPThe Academic Staff Union of Universities has explained why the newly signed Students Loan Act by President Bola Tinubu is discriminatory between the children of the rich and the poor.The measure was signed in"fulfilment of one of his campaign promises to liberalise education funding," according to Dele Alake, a member of the Presidential Strategic Team, on Monday evening.
However, during an interview with PUNCH, National President, ASUU, Prof. Emmanuel Osodeke faulted the new law because it was another way of imposing more debt to the poor masses. Likewise, the National President, Academic Staff Union of Polytechnics, Mr Anderson Ezeibe, said, “I have not studied the bill and we don’t want to react on the surface. But I have seen one area that will not be practicable.
Meanwhile, the National Association of Nigerian Students viewed the student loan bill as a solution to the agelong problems affecting the country’s education system.
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