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‘We’ll Announce A New Date For Student Loan’ – Presidency

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'We'll Announce A New Date For Student Loan' - Presidency

The Presidency has said that it has not forgotten the student loan scheme, as it will soon announce a new date for the commencement of the programme.

This was disclosed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Wednesday after today’s Federal Executive Council meeting at the Aso Rock Villa, Abuja.

News About Nigeria reported that the federal government (FG) yesterday announced the postponement of the planned launch of the Fund, which was initially scheduled for Thursday, March 14, 2024.

In an interview on Arise News, the Executive Secretary of the Nigeria Education Loan Fund, Dr. Akintunde Sawyer, noted that the launch is no longer feasible.

While giving reasons why the launch was cancelled, Onanuga assured Nigerians, especially students, that the student loan scheme would be actualized.

He also noted that the cancellation was to enable the federal government to put the necessary things in place before they officially launched the student loan scheme.

Onanuga also added that the student loan scheme will not be forgotten, as they will soon announce a new date for the launch of the scheme.

In his own words, “There will be a new date to launch the student loan scheme. It’s not forgotten. There are some things that need to be rearranged so that it can be launched properly. That’s what’s happening.

“So the President is committed to it. You know it’s one of his flagship programmes and he wants to get it done as quickly as possible,” he added.

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