Student Loan Scheme Will Take Off In January – Tinubu

President Bola Ahmed Tinubu has said the era of industrial actions in the nation’s academic environment has come to an end as the administration’s Students Loans Scheme begins in January 2024.

He stated this on Monday while speaking at the 29th edition of the annual Nigerian Economic Summit, anchored by the Nigerian Economic Summit Group (NESG), at the Transcorps Hilton, Abuja.

The president, who spoke on his administration’s plans to stabilize the economy, with the collaboration of all stakeholders, especially the private sector, stressed the need to immediately initiate a sustainable credit scheme that would aid an effective anti-corruption campaign.

“By January 2024, the new Students Loan Programme must commence. To the future of our children and students, we’re saying no more strikes.

“There must be consumer credit, the scheme will have to come into effect as soon as possible. I thank my team and my colleagues for building this program, and develop it now. We cannot talk about anti-corruption when you have to look for cash to buy a car when there’s no mortgage for homeownership,” he said.