NewStats: 3,259,730 , 8,170,733 topics. Date: Sunday, 25 May 2025 at 07:58 PM 1a3r6

6z3e3g

President Bola Tinubu Signs National Students Loan Amendment Bill Into Law. - Politics - Nairaland 544n4f

President Bola Tinubu Signs National Students Loan Amendment Bill Into Law. (11172 Views)

(4)

(1) Go Down)

blamingthedevil: 3:12pm On Apr 03, 2024
President Bola Tinubu on Wednesday signed the National Students Loan Amendment bill into law.

The 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 said, “ First of all, I must thank 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.”

“We are determined to ensure that education is given the proper attention necessary for the country including skills development programmes. This is to ensure that no one, no matter how poor their background is, is excluded from quality education and opportunity to build their future.”

“We are here because we are all educated and were helped. In the past, we have seen a lot of our children drop out of college and give up the opportunity. That is no more, the standard and the control is there for you to apply no matter who you are as long as you are a Nigerian citizen.”

This development came after separate considerations from the two chambers of the National Assembly committees on tertiary institutions and TETFund.

https://www.channelstv.com/2024/04/03/president-tinubu-signs-amended-student-loan-bill-into-law/?fbclid=IwAR1eVA7b-MRRrDWOBQW_xDi59yD6HJLOBfbVhg7jkMhxqpOyqNY_fI39SHM

41 Likes 6 Shares

LegendHero(m): 3:12pm On Apr 03, 2024
Sai Jagaban!

With this new amended bill:
—NELFUND will be established
—Loan will be provided to students
—Loan will be provided for vocational and skill acquisitions
—Eligibility constraint removed totally as against the 2023 one.

To the bitter children of hate that will complain about this. You don’t need to complain, don’t take the loan and you will be just fine.

77 Likes 17 Shares

blamingthedevil: 3:12pm On Apr 03, 2024
The best President in the history of Nigeria in the making

65 Likes 10 Shares

illicit(m): 3:15pm On Apr 03, 2024
Asiwaju JAGABAN

💪

46 Likes 8 Shares

shaqhead: 3:19pm On Apr 03, 2024
This is great I must say as the education net is broadened to capture all. There needs to be massive education on the and conditions that apply so that anyone taking the loan will be making an informed decision not just based on "need"

15 Likes 6 Shares

OJODEL10(m): 3:32pm On Apr 03, 2024
Oya let beginning to borrow money
But after, you are federal government property

3 Likes 1 Share

raskymonojendor: 3:36pm On Apr 03, 2024
Some people will wail and cry over this good news.


Ozommadu:


Student loan of 5bn? Budget padding of 3trn, hajj subsidy of 90bn??

You should be wailing and crying for your self because all hope is lost
You are not alright walahi. grin

Do not despise the days of humble beginnings says the good book. Just say "your own hope is lost" and leave others out of it.

51 Likes 9 Shares

Ozommadu: 3:48pm On Apr 03, 2024
raskymonojendor:
Some people will wail and cry over this good news.

Student loan of 5bn? Budget padding of 3trn, hajj subsidy of 90bn??

You should be wailing and crying for your self because all hope is lost

raskymonojendor:
Some people will wail and cry over this good news.



You are not alright walahi. grin

Do not despise the days of humble beginnings says the good book. Just say "your own hope is lost" and leave others out of it.

Aso rock An!mals are so easy to spot

24 Likes

raumdeuter: 4:07pm On Apr 03, 2024
Cries will soon start from the usual suspect

Tinubu doing the things he campaigned he will do

Jagaban till 2031

29 Likes 4 Shares

helinues: 4:20pm On Apr 03, 2024
Very good

When would the portal be available, they should update Nigerians with the latest development about the students loan program

Forward ever, backward never

25 Likes 1 Share

helinues: 4:21pm On Apr 03, 2024
Ozommadu:


Student loan of 5bn? Budget padding of 3trn, hajj subsidy of 90bn??

You should be wailing and crying for your self because all hope is lost

Cries will soon start from the usual suspect

This thread is not for your likes, kindly stay out of it. Only Nigerians with positivity mindsets are allowed.

Thank you

32 Likes 8 Shares

blamingthedevil: 4:24pm On Apr 03, 2024
Ozommadu:


Student loan of 5bn? Budget padding of 3trn, hajj subsidy of 90bn??

You should be wailing and crying for your self because all hope is lost
I thought you are educated? Where did you read that in the budget or it is just beer parlour gossip?

32 Likes 4 Shares

lexylaw40kuti: 5:12pm On Apr 03, 2024
Bad news 😩 wailers.
Jagaban we love you

20 Likes 3 Shares

Ofunaofu: 5:18pm On Apr 03, 2024
LegendHero:
Sai Jagaban!

With this new amended bill:
—NELFUND will be established
—Loan will be provided to students
—Loan will be provided for vocational and skill acquisitions
—Eligibility constraint removed totally as against the 2023 one.

To the bitter children of hate that will complain about this. You don’t need to complain, don’t take the loan and you will be just fine.


I hope you won't have any excuses not to complete your schooling where you abandoned it.

8 Likes 2 Shares

commoditiesnig: 5:25pm On Apr 03, 2024
Excellent news for our students.

Kudos to the FG on this!

12 Likes 2 Shares

lexylaw40kuti: 5:28pm On Apr 03, 2024
Yes that's my president

8 Likes 2 Shares

Melagros(m): 5:30pm On Apr 03, 2024
COMRADES...419 grin presido

4 Likes

Honestey: 5:32pm On Apr 03, 2024
Hurreyyyy!

1 Like

jeromestarks: 5:32pm On Apr 03, 2024
What are the requirements/ and conditions for accessing this loan?



Obituaries are seriously in tears right now.

Wait, they're disbanded sef. Nothing like obidients again. Stu.pid set of inconsistent f0ols.


Jagaban till 2031.

12 Likes 2 Shares

tollyboy5(m): 5:33pm On Apr 03, 2024
helinues:
Very good

When would the portal be available, they should update Nigerians with the latest development about the students loan program

Forward ever, backward never
We will have to commission it first by October before it starts operation next year grin

1 Like

ybalogs(m): 5:33pm On Apr 03, 2024
Baba is working. Nigeria will work.

7 Likes 1 Share

bigdammyj: 5:33pm On Apr 03, 2024
Noted.
Congratulations to intended beneficiaries.

2 Likes

id4sho(m): 5:33pm On Apr 03, 2024
Good news but tongue

Cj4charles(m): 5:33pm On Apr 03, 2024
Shame on Tinubu and all his miscreants, if not the uproar from Nigerians concerning the bill they've almost swept it under the carpet......

1 Like

Faposky95: 5:34pm On Apr 03, 2024
Ozommadu:


Student loan of 5bn? Budget padding of 3trn, hajj subsidy of 90bn??

You should be wailing and crying for your self because all hope is lost

PA as youths
Palliatives to the rescue
No more subsidies......
Army , new Police.....
So where is the government and what it's function really......?!

1 Like

oshiokpu(m): 5:35pm On Apr 03, 2024
This is Good news!

5 Likes

jeromestarks: 5:36pm On Apr 03, 2024
LegendHero:
Sai Jagaban!

With this new amended bill:
—NELFUND will be established
—Loan will be provided to students
—Loan will be provided for vocational and skill acquisitions
—Eligibility constraint removed totally as against the 2023 one.

To the bitter children of hate that will complain about this. You don’t need to complain, don’t take the loan and you will be just fine.

You are very wicked.

4 Likes

Idun2024(f): 5:36pm On Apr 03, 2024
Ozommadu:


Student loan of 5bn? Budget padding of 3trn, hajj subsidy of 90bn??

You should be wailing and crying for your self because all hope is lost

Hehehe

As e dey pain them, e dey sweet us.

Àwon olóríburúkú, àkóbí elédè

14 Likes 2 Shares

INTEGRITYA1(m): 5:38pm On Apr 03, 2024
Good initiative and commendable.

First of it kind in Nigeria history.

May God Bless Nigeria. Amen.

5 Likes

jetguy(m): 5:39pm On Apr 03, 2024
Loarn that will only benefit rich kids... Make una just dey play.

I can guarantee you that it's not all students that will have access to it 😥
99thEnemy(m): 5:40pm On Apr 03, 2024
cool

Now everyone can have a higher education without financial limitation.

why are people complaining? grin

2 Likes

(1) Reply)

Labour Party Chairman’s Wife Kidnapped By Gunmen

(Go Up)

Sections: How To . 25
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.