President Bola Ahmed Tinubu made a significant announcement, declaring an end to the era of industrial actions in the nation’s academic institutions with the launch of the Students Loans Scheme, scheduled for January 2024.
This pivotal statement was delivered on a Monday during his address at the 29th annual Nigerian Economic Summit, which was hosted by the Nigerian Economic Summit Group (NESG) and took place at the prestigious Transcorps Hilton in Abuja.
During his speech at this important event, President Tinubu emphasized the collaborative efforts of his administration and all stakeholders, particularly the private sector, in stabilizing the nation’s economy.
He also underscored the urgency of establishing a sustainable credit scheme, which would play a vital role in supporting an effective anti-corruption campaign.
“By January 2024, the new Students Loan Programme must commence. To the future of our children and students we’re saying no more strikes.
“There must be consumer credit, scheme will have to come to effect as soon as possible. I thank my team and my colleagues to build this programme, develop it now. We cannot talk about anti-corruption when you have to look for cash to buy a car, when there’s no mortgage for homeownership,” he said.
