Loans for students The truth is – When will the Nigerian government’s initiative begin

January is when the Student Loan Scheme is supposed to begin, according to the federal government.

Students who apply through the soon-to-be-finished website will have access to the facility within 30 days, according to the government, who also stated that the Scheme is still scheduled to begin this month.

After Wednesday’s meeting of the Federal Executive Council, Dr. Yusuf Sununu, the minister of state for education, informed media of this.

You can’t escape January. Our website is nearly finished. He promised that the process of naming beneficiaries would be entirely digital, and that borrowers would have access to their funds within 30 days.

The new Students Loan Programme is set to launch in January 2024, according to President Bola Tinubu, who made the announcement during the 29th session of the annual Nigeria Economic Summit in Abuja on October 23, 2023, as reported by SAREWAHAUSA.

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