By Ihie Grace
The Federal Ministry of Education has officially announced that the implementation of the Students’ Loan program is set to begin in the upcoming 2023/2024 academic session.
This was disclosed in a statement released by David Adejo, the Permanent Secretary of the Ministry, during a crucial meeting with the House of Representatives Committee on Student Loans.
According to him, “President Bola Ahmed Tinubu had directed that necessary works be completed on the modalities for the implementation of the loans scheme to ensure that it starts in earnest next month.
Adejo noted that the President had set up a coordinating committee with his Chief of Staff as Chairman and other members selected from the Central Bank of Nigeria (CBN), the Budget Office of the Federation, the Federal Ministry of Education, and the Federal Ministry of Finance, among others.