President Bola Tinubu of Nigeria has once again reiterated that under his watch as president, no Nigerian student would drop out of tertiary institutions due to financial constraints.
Tinubu, who gave the assurance at the 33rd convocation ceremony of the Federal University of Technology, Akure (FUTA) in Ondo State at the weekend, said his administration was determined and dedicated to addressing the challenges students faced in attaining higher education in Nigeria.
The Nigerian president, who was represented at the occasion by Professor King-David Terna Yawe, said the Student Loan Bill which was signed into law shortly after his inauguration, was a testament to his government’s commitment to supporting students to gain quality education.
“Under my leadership, and as I have outlined in my manifesto, no student will be forced to drop out of school due to an inability to pay tuition,” President Tinubu declared.
“My government will not shirk its responsibilities in this area. We will guarantee that educational institutions receive the necessary resources to effectively carry out their statutory responsibilities.
“One of my first actions as President of Nigeria was to sign the Student Loan Bill into law to put this into action”, he added.
Explaining the modalities for the student loan, President Tinubu pointed out that the law would provide interest-free loans to financially challenged students in all tertiary institutions.
The loan, according to the president, would be repaid at the students’ convenience upon securing employment after graduation.