Tinubu to formally unveil students’ loan scheme on Thursday

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President Bola Tinubu will on Thursday formally unveil the students’ loan scheme, says his spokesman, Ajuri Ngelale.

Speaking during an appearance on TVC’s Politics on Sunday, Ngelale said: “Later this week – on Thursday – the President will launch the historic National Student Loan Programme.”

“This is a major form of obligation reduction for Nigerians and families and young people at a time when Nigerians are feeling the pinch. We believe this is the way to go,” he added.

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Tinubu had on June 12, 2023 signed the Access to Higher Education Act, 2023. The Act gives indigent students access to interest-free loans.