President Bola Tinubu has signed the Student Loan Bill into law.
An aide to the president, Dele Alake, disclosed this to State House Correspondents on Monday evening.
The student loan bill sponsored by the Speaker of the 9th House of Representatives, Femi Gbajabiamila, which provides for interest-free loans to indigent Nigerian students, passed the third reading at the House, two weeks ago.
The law is to provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund.
The bill will enable Nigerian students to access loans at interest-free rates.
The piece of legislation passed second reading at the House of Representatives on May 25, 2023.
Details shortly…
