Over N104bn disbursed as Tinubu’s student loan reaches 600 beneficiaries
President Bola Tinubu says his student loan initiative has disbursed over N104 billion to 600 students across the country.
The President disclosed this on Saturday, February 1, 2025, in a statement to the 33rd Convocation of the Federal University of Technology, Minna, Niger State.
Tinubu who was represented at the event by a Director in the Federal ministry of Education, Hajiya Rakiya Gambo Ilyasu, also disclosed that over N940billion has been provided for the Tertiary Education Trust Fund (TETFUND) in the 2025 budget.
This according to the President is part of his commitment to revamp the education sector and ensure that financial challenges do not deny Nigerians access to quality education.
He said, “We remain resolute in addressing challenges in the education sector, including ensuring industrial harmony in universities.”
While charging universities to embrace the student loan scheme, the president said “You have been equipped with knowledge and skills to innovate and contribute to society. Let integrity, resilience, and purpose guide your endeavours. Aspire to greatness, avoid vices, and make Nigeria proud.”
Tinubu said his working tirelessly to strengthen the economy security, and also creating an environment where young Nigerians can thrive and realise their potential.
“Let us remain united in our shared vision of a prosperous, united, and resilient Nigeria,” he said.
The President further urged universities to deepen collaborations with industries to align research with societal needs, to ensure that the education system contributes meaningfully to national development.
Vanguard News
