President Bola Tinubu on Wednesday signed the National Students Loan Amendment bill into law.
The Nigerian President signed the bill in a short ceremony at the State House in the presence of the Senate President, Godswill Akpabio, Deputy President of the Senate, Barau Jibrin, The Chief of Staff to the President, Femi Gbajabiamila, the Minister and Minister of State for Education, Hannatu Musawa, the Minister of State for Youth, Ayodele Olawande, the president of the National Association of Nigerian Students, other government officials and aides to the president.
Tinubu initially signed the student loan bill into law back in June 2023, to offer financial assistance to Nigerian students in tertiary institutions.
While the bill was signed earlier, its implementation has faced delays due to various issues hindering its rollout.
Speaking afterwards, the president thanked members of the National Assembly for their expeditious handling of this bill considering the children of Nigeria, that education is the tool to fight against poverty effectively.
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Bola Tinubu-President Federal Republic Of Nigeria
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The new legislation repeals the previous Students Loans (Access to Higher Education) Act of 2023 and re-enacts the Student Loans (Access to Higher Education) Bill from 2004
