Thursday, May 30, 2024

Education: Tinubu to Supply SUGs with Buses, Remove Restrictions on Students Loans and Warns against Tuition Fee Hike

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President Bola Ahmad Tinubu has approved the supply of buses to student bodies in Universities, Colleges, and Polytechnics across the country to ease the hardship caused by fuel subsidy removal. The Special Adviser to the President Dele Alake has disclosed this in a statement he signed on Monday.

The President has also removed all restrictions on student loans, leaving them open and accessible to all qualified Nigerian students.

Dele Alake, the Special Adviser to the President on Special Duties, Communication and Strategy has signed the statement which read “FG ready to provide buses for higher education students, removes restrictions on students’ loans.”

The directives come five days after the Presidency noted that tuition fee remains free in Nigerian Universities.

The president further directed all relevant authorities in federal institutions of learning to avoid arbitrary increases in tuition fees and to make it payable to all parents and guardians.

“In line with his promise to ensure no Nigerian student abandons his or her educational pursuits as a result of lack of money and economic circumstances of their parents, President Tinubu has also approved the removal of all restrictions on the students’ loan to make it available to any student or household that may desire it,” the statement read.

The Students Loan Act which was signed on June 12th 2023 gives indigenous students access to fund their education but consists of strict majors which seem impossible for many students to access.

The Loan Act will also recognise only those who have an income not exceeding 500,000 per annum.

However, this administration unlike the past which saw many downfalls in the education sector, is expected to prioritise education and the welfare of the students.

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