Bill To Provide Education Loan To Tertiary School Students Scales Second Reading

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By Sadiq Umar – A bill seeking to provide for a Federal Government loan assistance to students to pursue tertiary education has passed second reading at the House of Representatives.

The bill, when passed into law, would enable Nigerian students access to education loan to help them through their tertiary education which they can pay after graduation and after getting a job.University of Ibadan, Nigeria's Premier University

Majority Leader of the House who sponsored the bill, Rep. Femi Gbajabiamila (APC Surulere 1-Lagos), said the bill was intended to provide students with easy access to funds for higher education.

Femi Gbajabiamila explained that a great population of Nigerian students would be enrolled for higher education when the bill become law.

The Majority Leader of the House advocated the establishment of Nigerian Education Bank.

Gbajabiamila argued that the loans should be interest-free, noting that the country is blessed enough to embrace the proposal.

“Nigeria is blessed with abundant natural resources to tap from and encourage quality education for future generations”.

It would be recalled that Rep. Gbajabiamila introduced this bill in the 7th Assembly but was not concluded by the Committee on Education before the end of their tenure.

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