Student Loan Scheme Commences January – Tinubu

President Bola Tinubu on Monday has confirmed that the Student Loan Scheme he approved on June 12, 2023, would be effective in January 2024.

He added that episodes of industrial action by academic staff unions of tertiary institutions would become a thing of the past.

“By January 2024, the new Students Loan Programme must commence. To the future of our children and students we’re saying no more strikes,” Tinubu said when he declared open the 29th session of the annual Nigeria Economic Summit at Transcorp Hilton, Abuja.

Tinubu who elaborated on his administration’s plans to stabilise the economy through the collaboration of all stakeholders, majorly the private sector, also noted the need to immediately initiate a sustainable credit scheme.

He reasoned that such a scheme would aid an effective anti-corruption campaign.