By Milcah Tanimu
President Bola Tinubu has forwarded a letter to the House of Representatives, urging consideration on the student loan bill.
In a letter read by Speaker Tajudeen Abbas during Thursday’s plenary session, President Tinubu transmitted the Student Loan (Access to Higher Education) (Repeal and Re-Enactment) Bill, 2024 to the legislators for their kind consideration.
The letter stated:
“Pursuant to Section 58(2) of the Constitution of The Federal Republic of Nigeria, 1999 (as amended), I forward, herewith, The Student Loan (Access to Higher Education) (Repeal and Re-Enactment) Bill, 2024 for the kind consideration of the House of Representatives.
“The Student Loan (Access to Higher Education) (Repeal and Re-Enactment) Bill, 2024 seeks to enhance the implementation of the Higher Education Student Loan Scheme by addressing challenges related to the management structure of the Nigerian Education Loan Fund (NELF), applicant eligibility requirements, loan purpose, funding sources and disbursement and repayment procedures.
“Whilst hoping that this submission will receive the usual expeditious consideration of the House of Representatives, please accept, Rt. Honourable Speaker, the assurances of my highest consideration.”
The Speaker assured that the letter and its contents would receive prompt attention from the House of Representatives.
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