Federal Government to Begin Pilot Phase Student Loan Scheme for Public Institutions.

The Nigerian education loan fund, on Wednesday, said it would begin a pilot phase of the student loan scheme with…

Federal Government to Begin Pilot Phase Student Loan Scheme for Public Institutions.

The Nigerian education loan fund, on Wednesday, said it would begin a pilot phase of the student loan scheme with applicants from public tertiary institutions.

This includes students of federal and state universities, polytechnics and colleges of education.

It also expects the president, Bola Ahmed Tinubu, to soon, appoint principal officers like; chairperson, managing director and two executive directors as part of its executive management team.

The spokesperson for the fund, Nasir Ayitogo said the president is expected to launch the scheme after appointing qualified persons into the offices provided by the new law.

The executive bill titled “a bill for an act to repeal the students’ loans (access to higher education) act, 2023 was signed into law by the president and the ceremony was witnessed by the leadership of the national assembly, ministers and major stakeholders in the education sector.

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