Student Loan Scheme to Take Off in January 2024 — Tinubu

President Bola Tinubu on Monday assured that the implementation of the student loan scheme will begin in January next year.

He also assured that the era of industrial actions in the nation’s academic environment had come to an end.

The president was speaking at the 29th edition of the annual Nigerian Economic Summit, anchored by the Nigerian Economic Summit Group (NESG), at the Transcorp Hilton, Abuja.

He enunciated his administration’s plans to stabilise the economy, with the collaboration of all stakeholders, especially the private sector.

Tinubu also noted the need to immediately initiate a sustainable credit scheme, which he said would aid an effective anti-corruption campaign

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.

“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.”