My endorsement for the Student Loan (Access to Higher Education) (Repeal and Re-Enactment) Bill, 2024. This bill aims to repeal the existing Student Loan (Access to Higher Education) Act 2023 and replace it with the Student Loan (Access to Higher Education) Act 2024.
The bill’s proposed corporate entity, Nigerian Education Loan Fund, will receive, manage, and invest funds to provide loans to Nigerian students for higher education, vocational training, and skills acquisition.
The bill has successfully passed its second reading and is currently with the Senate Committee on Tetfund and Tertiary Education.
I have no doubt that my constituents like others stand to benefit greatly from its passage and the eventual presidential assent.
SM