The September 2023 date announced for the take-off of the Student Loan Scheme is set to expire without the portal being opened for the students to commence applications.
On June 14, 2023, the federal government said it had begun putting all necessary measures in place to ensure the student loan scheme begins between September and October 2023.
The permanent secretary, Federal Ministry of Education, Andrew David Adejo, while speaking to newsmen in Abuja, said President Bola Tinubu had approved a committee made up of ministries and agencies to see to the realisation of the Students Loan Bill.
However, with a few days to go and without any action in that regard, students across the country are pressuring the government to stop delaying the implementation of the loan but go ahead and open a portal for application.
The Student Loan Bill, sponsored by the Speaker of the 9th House of Representatives, Femi Gbajabiamila, provides for interest-free loans to indigent Nigerian students.
The law provides easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund, the permanent secretary said.
