The Student Loan Bill, sponsored by the Speaker of the 9th House of Representatives, Femi Gbajabiamila, provides for interest-free loans to indigent Nigerian students.

The Student Loan Bill, sponsored by the Speaker of the 9th House of Representatives, Femi Gbajabiamila, provides for interest-free loans to indigent Nigerian students.

students across the country are pressuring the government to open a portal for application.

the National Association of Nigerian Students (NANS) confirmed that the loan portal had not been opened for them to apply.

NANS coordinator of Zone C, Comrade Anzaku Shedrack said, “We have not been given access or any other information since the pronouncement of that deadline.”

A student of University of Abuja, Uge Benjamin, urged the government to keep to its promise by working out modalities for students to start accessing the loans before the end of the year.

“October is already ending and I’m not sure there will be any positive news this month. But my appeal to the government is for it to finalise the process on the bill before year end,” Benjamin said.

A senior official in the Federal Ministry of Education,said the delay may be that the federal government is reworking the law given the controversies over the bill.

According to him, “The complaints raised by some stakeholders about the stringent conditions attached to accessing the money, the period of repayment and others may push the government to rethink the bill which may result in it not meeting the October deadline.”

CREDIT : Biyoraonlinetv.com