A civil society group, the Workers and Youths Solidarity Network (WYSN) has rejected the Students Loan Act signed by President Bola Tinubu, in which the government promised to offer loans to students in tertiary institutions across the country. The group on Saturday in a statement signed by its Secretary, Damilola Owot, said the Students Loan Act would further increase the burden on poor Nigerians, adding that it rather stands in solidarity with millions of Nigerian students in demanding for academic grants, not loans.
Workers Solidarity Group, WYSN Rejects Students Loan Act, Demands Academic Grants, Payment Of ASUU’s Salaries BacklogThe group on Saturday in a statement signed by its Secretary, Damilola Owot, said the Students Loan Act would further increase the burden on poor Nigerians, adding that it rather stands in solidarity with millions of Nigerian students in demanding for academic grants, not loans.
Owot stated that “The Workers' and Youths Solidarity Network categorically rejects the bill sponsored by Femi Gbajabiamila and signed by President Bola Tinubu regarding the students' loan policy. “Therefore, we believe that the government should scrap tuition fees and provide academic grants instead, if it is interested in promoting higher education for all.”
“How can he/she repay this amount if jobs are scarce and badly paid? The student loan will be a burden for many people, that can lead them in another debt trap. “This should include, but not be limited to, granting academic scholarships and subsidies to students instead of loans, completely abolishing fees in tertiary institutions, promptly paying the backlog of salaries owed to ASUU members, reviewing and implementing living wages for academic workers, democratizing public education, and ensuring proper funding.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dissecting President Tinubu’s students loan act, By Olabisi Deji-FolutileEven the worst of President Bola Tinubu’s critics will admit that he has proved to be a man on a mission. Within two weeks of assuming duty, he has removed subsidy on fuel causing the price to rise by over 150 per cent. He has announced the unification of FX window putting an end to […]
Read more »
ASUU, SSANU officials, others fault Nigeria’s new students loan schemeMeanwhile, the Nigerian government announced Wednesday that the implementation of the student loan will commence in September.
Read more »
African Students Hail Tinubu On Loan LawAll-Africa Students’ Union (AASU) has lamented the high cost of education in the continent, saying school fees hike in all African countries has become the
Read more »
Dissecting Tinubu’s student loan act | TheCableEven the worst of President Bola Tinubu’s critics will admit that he has proved to be a man on a mission. Within two weeks of assuming duty, he has removed
Read more »
Students' Loan: Truly, 'School Na Scam 'Everywhere, By Omole Ibukun | Sahara ReportersIt seems we will never be able to grasp the extent that poor governance has damaged our welfare as Nigerians, especially our mental welfare. I started paying attention to this ramification of poor welfare during the electoral season when I saw the gullible acceptance of Peter Obi by youths, students, and intellectuals as a Messiah and an alternative to the corruption exemplified in Atiku and Tinubu, despite his support for the shady removal of fuel subsidies and for the student loans policy.
Read more »
Gombe warns against bullying in schoolsThe Gombe State Ministry of Education has warned teachers and senior students against bullying junior students.
Read more »