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Home | BREAKING: FG Announces Date to Commence Students’ Loan Scheme

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BREAKING: FG Announces Date to Commence Students’ Loan Scheme

Tapre Timine
Tapre Timine
Published: June 14, 2025
Last updated: June 14, 2025
2 Min Read
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BREAKING: FG Announces Date to Commence Students' Loan Scheme | Daily Report Nigeria
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The federal government has announced date to comment the Students’ Loan offer for scholars in the country.

Daily Report Nigeria reports that the scheme will now commence in January 2024.

President Bola Tinubu said this during the 29th edition of the annual Nigerian Economic Summit at the Transcorp Hilton on Monday in Abuja.

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He said:

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

The program was anchored by the Nigerian Economic Summit Group (NESG).

He also spoke about the regime’s interest in commencing a sustainable credit scheme to avert corruption.

The President said:
“There must be consumer credit, scheme will have to come to effect as soon as possible. I thank my team and my colleagues to build this programme, 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.”

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