SENATE

N’Assembly passes student loan bill into law, proposes loan forgiveness for defaulters in the event of death

The Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024 on Wednesday passed by the National Assembly after separate considerations by both the Senate and the House of Representatives of the report of the Committee on Tertiary Institutions and TETFund. The Informant247 reports that President Bola Ahmed Tinubu, in a letter written…

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Nigeria student loan

FG postpones official launch of students loan indefinitely

President Bola Ahmed Tinubu-led Federal Government has announced the postponement of the Nigerian Students Loan Scheme indefinitely. Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), stated this in an interview with ARISE NEWS, which was monitored by BusinessDay. According to Sawyer, the loan, which was to be launched on Thursday, has…

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Zacch Adedeji, new FIRS boss

FG to fund student loan scheme through education tax, says FIRS chair

The Nigerian Government on Monday, announced that the Student Loan Scheme would be funded through the Education Tax Fund, under the Federal Inland Revenue Service (FIRS). According to FIRS Chairman, Zacch Adedeji, while briefing State House Correspondents alongside the Executive Secretary of the Board, Dr Akintunde Sawyerr, at the Presidential Villa, in Abuja, the deployment…

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