Nigerian Senate passes Student loan bill

The Nigerian Senate has passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024.

Chairman of the committee, Senator Muntari Dandutse (APC-Katsina South) presented the report during plenary, on Wednesday.

This came after a consideration of the report by the Senate Committee on Tertiary Institutions and TETFUND.

President Bola Tinubu had last week, transmitted the Bill to the National Assembly for its consideration and passage.

The Students loan bill seeks to provide easy access to higher education for vulnerable Nigerians through interest-free loans from the Nigerian Education Loan Fund established in the Act.

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