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The National Association of Nigerian Students (NANS) has voiced discontent over the federal government's decision to postpone the implementation of the student loan program.
The initiative, aimed at alleviating the financial burden on indigent students following the announcement of increased tuition fees in federal universities, has faced indefinite delays, as announced by the President Bola Tinubu-led administration on Tuesday.
Initially conceived to cushion the impact of tuition hikes, the program's repeated postponements have left financially disadvantaged students scrambling to find alternative means to cover their educational expenses.
In response to this setback, NANS President, Pedro Chibuzo Obi, expressed frustration.
He emphasized the urgent need for dialogue between the union, the fund's management, and the government to address the challenges obstructing the commencement of the student loan scheme.
Obi underscored the importance of ensuring the program's effectiveness and alignment with the interests of Nigerian students. He highlighted concerns regarding the ongoing academic session, noting that the delay may compromise the scheme's ability to provide adequate support during this period.
He asserted, "The delay is regrettable, but we are committed to facilitating the scheme's prompt commencement to benefit the Nigerian student community. Despite the current academic session being halfway through, we urge swift action to ensure the program's rollout without further delay."
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