UPDATED: Nigerian govt announces new date for student loan implementation

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Many Nigerians have criticised its introduction, describing it as a ground for the introduction of tuition fees in tertiary institutions.

Since signing the bill into law in June many Nigerians have criticised its introduction, describing it as a ground for the introduction of tuition fees in the nation’s tertiary institutions.The Nigerian government has announced a new date for the implementation of the Access to Higher Education Act, otherwise known as the Students Loan Law, recently assented to by President Bola Tinubu.

“By January 2024, the new Students Loan Programme must commence. To the future of our children and students, we are saying no more strikes,” Mr Tinubu said.Meanwhile, Nigerian public tertiary institutions, especially the universities, have been plagued with funding issues for decades and have led to disputes between the government staff unions on the campuses and the management of the various institutions.

The unions are the Academic Staff Union of Universities , the Senior Staff Association of Nigerian Universities , the National Association of Academic Technologists and the Non-Academic Staff Union and other Allies Institutions . President Tinubu, however, recently granted a waiver for the payment of four out of the eight months salaries of the ASUU members withheld.Meanwhile, since the suspension of the strike a year ago, students in Nigerian universities have witnessed a sharp rise in their fees schedule even though the government maintains that the institutions remain tuition-free.like the University of Lagos and the University of Jos.

The theme for this year’s event is: “Pathways to Sustainable Economic and Transformation and Inclusion”

 

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