In a bid to alleviate the plight of indigent students across the country, President Bola Tinubu has signed the Students Loan Bill into law. The news was disclosed by Mr. David Adejo Andrew, the Permanent Secretary at the Ministry of Education, in a statement made to State House correspondents at the Presidential Villa in Abuja.
According to the Permanent Secretary, the new law promises to offer an interest-free loan to eligible students, giving them access to the financial support needed to pursue their education dreams. This landmark decision is a game-changer for the many students who have long been deprived of educational opportunities due to a lack of funds.
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| Mr. David Adejo Andrew |
The new law marks a significant milestone in the education sector and shows the government's commitment to making education accessible to all. With this new law, indigent students now have a chance to pursue their education dreams without the burden of hefty student loans or the threat of dropping out due to financial constraints.
Overall, the signing of the Students Loan Bill is a move in the right direction towards building a brighter future for Nigeria. With education as a cornerstone of progress and development, this law ensures that every Nigerian student has the opportunity to reach their full potential, regardless of their financial background.
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