Tinubu Writes Reps, Seeks Consideration On Student Loan

Nigeria’s President Bola Tinubu has written the House of Representatives, seeking consideration on the student loan bill, Vanguard newspaper reports.

This was contained in a letter transmitted by the President to the legislators and read by Speaker Tajudeen Abbas during plenary on Thursday, March 14, 2024.

“Pursuant to Section 58(2) of the Constitution of The Federal Republic of Nigeria, 1999 (as amended). I forward, herewith, The Student Loan (Access to Higher Education) (Repeal and Re-Enactment) Bill, 2024 for the kind consideration of the House of Representatives.

“The Student Loan (Access to Higher Education) (Repeal and Re- Enactment) Bill, 2024 seeks to enhance the implementation of the Higher Education Student Loan Scheme by addressing challenges related to the management structure of the Nigerian Education Loan Fund (NELF), applicant eligibility requirements, loan purpose, funding sources and disbursement and repayment procedures.

“Whilst hoping that this submission will receive the usual expeditious consideration of the House of Representatives, please accept, Rt. Honourable Speaker, the assurances of my highest consideration,” the Speaker read.