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Nigerian Senate Passes Student Loan Bill.

Tinubu & Akpabio.

The Nigerian Senate has passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024.

The lawmakers passed the bill following the presentation and adoption of the report of the Senate Committee on Tertiary Institutions and TETFUND that considered the Bill.

The chairman of the committee, Senator Muntari Dandutse, presented the report during plenary on Wednesday, March 20.

The Senate had given the Bill accelerated hearing by suspending relevant sections of its standing rules and referred the Bill to the Committee of the Whole for consideration.

Recall that President Bola Tinubu had last week transmitted the Bill to the National Assembly for its consideration and passage.

The Bill seeks to provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund established in the Act to provide education for all Nigerians.

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