Tag: Government Loans

Tinubu approves buses, lifts restrictions on students’ loans to support higher education

Aminu Imam

In a bid to alleviate the impact of fuel subsidy removal on students in higher institutions of learning, President Bola Tinubu has taken significant steps to ease their financial burdens. A State House press statement released by the Special Adviser to the President on Special Duties, Communications & Strategy, Dele Alake, outlined the measures aimed at supporting Nigerian students across the country. One of the major initiatives announced in the press statement is the provision of buses to students’ bodies in all universities, Polytechnics, and colleges of education nationwide. This…

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We just have to borrow to fund infrastructure – Buhari

Ishaku Yohanna

Nigeria’s President, Muhammadu Buhari has said his administration’s borrowing to fund infrastructure was in order. He said the government took loans in the interest of the country to solve the dire shortfall in infrastructure. Buhari, who spoke on Tuesday at a virtual meeting with members of the Presidential Economic Advisory Council (PEAC) at the State House, in Abuja, said the country must fix its roads to save lives from soaring road accidents. “We have so many challenges with infrastructure. We just have to take loans to do roads, rail and…

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