Tinubu Announces Start of Student Loan Disbursement by Jan. 2024

President Bola Ahmed Tinubu has announced the federal government will commence the disbursement of student loan to Nigerians by January 2024.

President Tinubu who spoke at the openings session of the ongoing Nigerian Economic Summit in Abuja on Monday, said that the program is in furtherance of his commitment to ameliorate the sufferings of Nigerians.

Students and parents are worried over the recent hikes in tuition by some higher institutions amid the delay in the implementation of a loan scheme expected to start this month.

The student loan scheme was initiated by President Tinubu’s administration to provide interest-free education loans for Nigerians willing to acquire tertiary education.