‘Students’ loan scheme to kick-off in Jan 2024’ – Gbajabiamila

Chief of Staff to the President, Femi Gbajabiamila, has said efforts are underway to ensure the take-off of the Students’ Loan Scheme in January 2024 to give Nigerian students access to fund their educational aspirations.

Gbajabiamila stated this in Lagos on Friday, while delivering a lecture, titled: “Empowering Nigerian Youths in the Present Day Economy”, which was held at the 35th convocation ceremony of Yaba College of Technology (YabaTech).

He stated that to make the process seamless, “applicants will apply online, be verified online, and be credited based on the verifiable documents and credentials they have submitted”.

He said, “Efforts are underway to ensure that by January 2024, Nigerian students can access these loans to fund their educational aspirations. The application system for the student loan programme is being designed so that there is no interface between the loan administrators and the beneficiaries.

“Applicants will apply online, be verified online, and be credited based on the verifiable documents and credentials they have submitted. Nobody will need to know anybody to qualify for these loans, so that access to this financing will be genuinely egalitarian “.

He stated that in a perfect world, access to education will be a fundamental benefit afforded to every individual from basic through tertiary.

Rector of the College, Dr. Ibraheem Abdul, said the institution is focused on youth empowerment through its various programmes, adding that the management established Industry Advisory Committee to enhance her dynamic role of producing technical manpower for the Economic and Social development of Nigeria.

According to him, when it comes to manpower development, technological advancement and youth empowerment, the college has been at the forefront.

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