Tinubu removes restrictions on students’ loans, approves buses for tertiary institutions

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Continuing his commitment to alleviate the impact of fuel subsidy removal on higher education students, President Bola Tinubu has sanctioned the provision of buses to student bodies in universities, polytechnics, and colleges of education nationwide.

Tinubu removes restrictions on students’ loans, approves buses for tertiary institutions

According to a statement signed by Dele Alake, the Special Adviser to the President on Special Duties, Communications & Strategy, President Tinubu aims to facilitate easy access to campuses amid rising transportation costs. By supplying buses, the additional financial burden of daily commuting will be lifted from parents and guardians.

In line with his promise to ensure that financial constraints do not hinder Nigerian students’ educational pursuits, President Tinubu has also granted approval for the removal of all restrictions on student loans. This decision opens up the opportunity for any student or household in need of financial aid to avail the student loan.

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Furthermore, President Tinubu has directed all Federal Institutions of higher learning to refrain from arbitrary increases in sundry fees. Where possible, any further fee hikes should be deferred to minimize difficulties faced by parents and students.

It is noteworthy that President Tinubu has already directed the release of over 200,000 Metric Tonnes of grains to families in 36 states and the Federal Capital Territory, Abuja. Additionally, the government is actively working to ensure vulnerable students benefit from conditional cash transfers and food distribution.

The Federal Government acknowledges and appreciates the courage, wisdom, and collaboration of Nigerian students during these challenging times. President Tinubu remains steadfast in prioritizing education and students’ needs, enhancing the welfare of teaching and non-academic staff, and investing in infrastructure to bolster the global competitiveness of higher education institutions.

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By Fasasi
Fasasi Abiodun (CEO IJEBULOADED) is a Nigerian news carrier blogger, writer, entrepreneur and a public relation officer. We bring you the Nigerian News, Music and All Informative Messages On This Medium. Connect With Me Via: IG/Twitter: @ijebuloadedng Call/Whatsapp: +2348050947397
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