Tinubu removes stringent conditions for federal students loan programme

President Bola Tinubu has approved the removal of all restrictions on the student loan to make it available to any student or household that may desire it.
Dele Alake, the Special Adviser to the President on Special Duties, Communications, and Strategy, announced this in a statement on Monday in Abuja.
Mr Tinubu said this was in line with his promise to ensure that no Nigerian student abandons their educational pursuits due to the inadequate finances of their parents.
Similarly, Mr Tinubu directed the authorities in all Federal tertiary institutions to avoid arbitrary increases in various fees payable and, where possible, defer further increases to ease parents’ difficulties.
The president also said efforts are in place to ensure that vulnerable students can also benefit from conditional cash transfers and food distribution.
To ease the burden of the fuel subsidy removal on students, Mr Tinubu approved the provision of buses to the student bodies of all universities, polytechnics, and colleges of education nationwide.
The president said this was to see that students could access their campuses easily due to higher transportation costs.
The provision of buses will also remove the burden of the additional costs of daily commuting from parents and guardians.
Mr Tinubu saluted Nigerian students’ courage, wisdom, and partnership as the country navigates this challenging time.
He pledged to continue prioritising education, the needs of the students, the welfare of both teaching and non-academic staff, and infrastructure investment in institutions of higher learning to make them more globally competitive.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Economy
NNPCL, SNEPCo, Esso, Agip seal deepwater Bonga deal, target $21 billion investment
NNPCL and the OML 118 contractor parties have executed the addendum to the OML 118 Production Sharing Contract and the addendum to the Dispute Settlement Agreement.

Economy
AiNET, CEO settle with U.S. SEC over submitting claims for data centre services
The U.S. alleged that the AiNET data centre failed to comply with Tier III standards and that AiNET and Mr Jain falsely certified to the SEC that it was Tier IV.

Faith
BPP felicitates Tinubu, Muslim faithful on Eid-ul-Mawlid
Mr Adedokun, in a goodwill message on Tuesday, extended warm greetings to Mr Tinubu, praying that the prophet’s virtues would continue to inspire the president’s leadership.

World
UK vows to keep backing Ukraine war efforts amid Russia’s threats
The United Kingdom, on Monday, pledged continued support for Ukraine amid threats from Russia.

Anti-Corruption
Philips engineer convicted for stealing trade secrets for Chinese competitor Kunshan GuoLi
A federal jury in Chicago convicted a former engineer at Philips Medical Systems of conspiring to steal Philips’ trade secrets and bring them to a Chinese competitor.

Economy
Tetra Tech to pay $57 million over falsifying soil test results at Hunters Point Naval Shipyard
The complaint further alleged that Tetra Tech intentionally manipulated scan results in its database, falsely representing scans taken at different locations.






