FG Student Loan Scheme Launch Delay 13th March 2024

The Nigerian government has made an unfortunate announcement regarding the Student Loan Scheme launch, which was supposed to happen on Thursday. This launch has been postponed indefinitely, leaving many disappointed.

Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), revealed this delay during an interview with Arise News. He mentioned that certain adjustments are needed before proceeding with the launch.

Sawyer refrained from specifying a new date for the launch, emphasizing the importance of ensuring alignment among stakeholders to avoid any surprises during the rollout process. CONTINUE READING.....

Despite the setback, Sawyer reiterated the government's commitment to the project, citing President Bola Ahmed Tinubu's strong desire to see it through as soon as possible.

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The Access to Higher Education Act, 2023, signed into law by President Tinubu, was a significant step towards providing educational opportunities for underprivileged students. However, the delay in implementing the Loan Scheme, originally set for September, has been a source of frustration.

President Tinubu remained resolute in fulfilling his promise to improve education funding, despite the challenges encountered along the way. CONTINUE READING.....

With each postponement, uncertainty looms over the fate of the Student Loan Scheme, underscoring the need for transparency and accountability in the government's actions.

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