ERC said based on the set criteria, “it will be easier for a camel to pass through a needle than for an indigent student to secure the loan.”
Mr Tinubu appended his signature to the law which gives legal backing to the provision of loans for Nigerians who cannot afford higher education in the country’s public tertiary institutions.
ERC described Act as a fraudulent piece of legislation “that on the one hand claims to open access to higher education through students loans but on the other hand puts up innumerable restrictions and hurdles to ensure that only a fraction of poor and indigent students who need support actually gets this loan.”
“We hereby call on all Nigerian students, parents, civil society organisations, education workers’ unions, the Nigeria Labour Congress , and the Trade Union Congress to reject the Student Loan Act and the plan to introduce tuition fee,” it said. With most students staying outside the school campus, the ERC said the Act does not help indigent students, saying it does not provide loans to cater for the cost of living.
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