Highlight

FG Set to Develop App for Student Loan Scheme – Board Secretary

The development comes months after President Tinubu said the scheme would commence in January 2024.

680

The Federal Government says it is set to develop a student loan scheme app for applications.

This was disclosed by the Executive Secretary of the Student Loan Scheme Board, Mr. Akintunde Sawyer, on Monday, after the board met with President Bola Tinubu in Abuja.

According to Mr. Sawyer, the move is to ensure zero human intervention in the scheme, which is expected to start this year.

The development comes months after President Tinubu said the scheme would commence in January 2024.

“By January 2024, the new student loan must commence. To the future of our children and students, we are saying no more strikes,” Tinubu said in Abuja during the National Economic Summit 2023.

Persecondnews recalls that Tinubu, on Democracy Day commemorated on June 12, signed the student loan bill in fulfilment of the promise he made during his campaign.

Femi Gbajabiamila, the former Speaker of the 9th House of Representatives and current Chief of Staff to the President, sponsored the bill, which makes it simple for needy Nigerians to access higher education through interest-free loans from the Nigerian Education Loan Fund.

The funds for the programme will be domiciled in the Ministry of Education and will only be accessed by indigent students of tertiary institutions.

Leave a comment

Related Articles

Just in: NAPPS offers released #Endbadgovernance minors scholarships

The National Association of Proprietors of Private Schools (NAPPS) has announced its...

Just in: Tinubu Decorates Acting Chief of Army Staff Oluyede as Lieutenant General

President Bola Tinubu on Tuesday decorated the acting Chief of Army Staff,...

Just in: For umpteenth time, national power grid collapses

Nigeria’s national power grid experienced another collapse on Tuesday, losing power generation...

CONUA to FG: Settle out withheld salaries, allowances, third-party deductions

The Congress of University Academics (CONUA) has called on the federal government...

Tinubu’s N200bln intervention fund seeks to eradicate poverty in Nigeria – Gov. Sani

Governor Uba Sani of Kaduna State has said that President Bola Tinubu...

Guardiola admits Manchester City’s struggle amid injury crisis

Manchester City manager Pep Guardiola has acknowledged that the club will struggle...

Pres.Tinubu Unveils Ambitious Plan to Revamp Nigeria’s Dilapidated Stadiums

The Chairman of the National Sports Commission, Mallam Shehu Dikko, has outlined...

Just in: 63-year-old Ekiti Chief Judge, Adeyeye, dies

Justice Oyewole Adeyeye, the Chief Judge of Ekiti State, has passed away....

Equatorial Guinea govt introduces CCTV in offices amid sextape scandal

Following sextape scandals, Equatorial Guinea’s Vice President, Teddy Nguema, has announced plans...

Election Day Showdown: Harris and Trump Hold Duelling Rallies as Polls Reach Dead Heat

Kamala Harris and Donald Trump held rival rallies on Monday, the final...

$26bln African Atlantic Gas Pipeline Project Gains Momentum

The federal government, in collaboration with the Economic Community of West African...

N1.3trn fraud: EFCC arrests, grills ex-Delta Gov. Okowa

A former Delta State Governor, Ifeanyi Okowa, has been apprehended by the...

Equatorial Guinea government official embroiled in sextape scandal

Mr. Baltasar Engonga, Director General of the National Financial Investigation Agency (ANIF)...

CAF ruling against Libya: Nigerian govt. promises to protect its citizens in Libya

Nigeria’s Ministry of Foreign Affairs has reaffirmed the federal government’s commitment to...

Polaris Bank wins “Best Mobile App” award at Digital Jurist Awards 2024

For its commitment to digital innovation and excellence, Polaris Bank has again...

Updated: After six years of injustice, Nigeria’s ex-Chief Justice, Onnoghen, finally gets justice

The Court of Appeal, Abuja Division, on Monday, overturned the conviction of...

Flood sacks 4 Anambra council areas as Soludo activates 27 IDP camps

By Emmanuel Ndukuba, Awka Floods have devastated four local government areas in...

Four-month salary: NASU, SSANU secure irrevocable commitment from FG, suspend strike

After a six-day strike, the Joint Action Committee (JAC) of non-teaching staff...

Three radio stations in Abia destroyed by mysterious fire

A mysterious fire has hit three radio stations in Abia in Abia...

Seven new ministers for inauguration on Monday, Nov. 4

President Bola Tinubu will preside over the oath-taking of seven new ministers...