Northern Nigerian Breaking News

JUST IN: Tinubu signs national students loan amendment bill into law

President Bola Tinubu has signed the national students loan amendment bill into law, NTA reports on Wednesday. 

SolaceBase reports that Tinubu signed the student loan bill into law in June 2023 to provide financial assistance to Nigerian students in tertiary institutions.

READ ALSO: FG postpones students loan indefinitely

However, the implementation of the law has been delayed due to certain issues hindering its rollout. Some major amendments were made to the repeal and reenactment bill before Tinubu signed.  

READ ALSO: Students Loan: Institutions to benefit in stages

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The law aims to empower the fund to provide loans to qualified Nigerians for tuition, fees, charges, and upkeep during their studies in approved tertiary education institutions and vocational and skills acquisition institutions in Nigeria.

Details later…

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