Tinubu postpones student loan till January 2024

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President Bola Tinubu on Monday has postponed Students Loans Scheme to takes off in January 2024 and assured that the era of industrial crisis in the nation’s academic environment has come to an end.

The President made this disclosure while speaking at the 29th edition of the annual Nigerian Economic Summit, anchored by the Nigerian Economic Summit Group (NESG), in Abuja.

The president, who spoke on his administration’s plans to stabilise the economy, with the collaboration of all stakeholders, especially the private sector, stressed the need to immediately initiate a sustainable credit scheme that would aid an effective anti-corruption campaign.

“By January 2024, the new Students Loan Programme must commence. To the future of our children and students, we’re saying no more strikes.

“There must be consumer credit, the scheme will have to come into effect as soon as possible. I thank my team and my colleagues for building this programme, develop it now. We cannot talk about anti-corruption when you have to look for cash to buy a car when there’s no mortgage for homeownership,” he said.

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