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FG Suspends Student Loan Indefinitely

News

March 13, 2024

Federal Government has postponed the launch of the Nigerian Students Loan Scheme

Indefinitely. Executive Secretary of the Nigerian Education Loan Fund, Akintunde Sawyer, said the loan

Scheme which was to be launched this month, was postponed due to some corrections that were being

Made around the launch.

He said: “Unfortunately, I won’t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome and sustainable way.”