VIRAL: Senate passes Student Loan Bill

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passes Loan Bill


Senate passes Student Loan Bill The senate

The Senate has approved the Student Loan, Access to Higher Education Act 2024 after reviewing the report from the committee on tertiary institutions and TETFUND.

Muntari Dandutse, the chairman of the committee, in Wednesday presented the report during the plenary session.

Senate passes Student Loan BillSenate passes Student Loan BillThe senate

Recall that President Bola had last week transmitted the Bill to the National Assembly for its consideration and passage.

The Upper Legislative chamber had given the Bill an accelerated hearing by suspending relevant sections of its standing rules and referred the Bill to the Committee of the Whole for consideration.

The Bill seeks to provide easy access to higher education for indigent through interest-free loans from the Education Loan Fund established in the Act to provide education for all Nigerians.

After debate on the Bill, Senate President referred the Bill to the Senate Committee on Tertiary Institutions and TETFUND for further legislative work and to report back in one week.

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