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President Bola Tinubu signs national students loan amendment bill into law



President Bola Tinubu has signed the Student Loan Bill into law to inaugurate its effective implementation.

Speaking after the ceremony at the Presidential Villa in Abuja on Wednesday, he emphasized that education is a vital tool needed by Nigerians to combat poverty.

Expressing gratitude to the members of the National Assembly for their prompt consideration of the bill, the president stated: “I have just signed a bill to institute the student loan effectively.


First of all, I must thank members of the National Assembly for their expeditious handling of this bill considering the children of Nigeria, that education is the tool to fight against poverty effectively.

“We are determined to ensure that education is given the proper attention necessary for the country including skills development programmes.

“This is to ensure that no one, no matter how poor their background is, is excluded from quality education and opportunity to build their future.

“We are here because we are all educated and were helped. In the past, we have seen a lot of our children drop out of colleges and given up the opportunity.

“That is no more, the standard and the control is there for you to apply no matter who you are as long as you are a Nigerian citizen.”


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