Presidency says Students loan not postponed indefinitely

-Urges students to apply for loan as soon as it is launched

By Samuel Ogunsona

The Executive Secretary of TETFUND, Sonny Echono, has said the launch of students loan scheme has only been postponed for a couple of weeks, not indefinitely as earlier reported.

He said this at the TETFUND headquarters in Abuja, on Thursday.

Sonny corrected the statement made by the Executive Secretary of the Nigerian Education Loan Fund, Akintunde Sawyer, who said the students loan has been postponed indefinitely.

Sonny said the delay in the student loan scheme launch is to avoid mistakes in the proper implementation of the scheme, urge students to apply for the loans as soon as it is launched.

“The loan has not been postponed indefinitely, there’s just a little house keeping that needs to be done, the president has arrangements in place for the launch.”

“We are discussing a matter of days, maximum weeks for it to take off. The president is very committed to this, and I can assure you that this is going to be done in the best way”

“We don’t want to hurriedly launch the programme, and there are objections, and it isn’t sustained”

“We’re making sure that the loan can accommodate as many that need it. Even people with skills, it’s going to be a game changer. We’re working hand in hand with Jamb, we know when admissions will commence, so we are not far behind”

“In the next couple of weeks, the scheme will take off, and it will accommodate everyone, even students of vocational studies.”

“I’m aware of the challenge of Nigerian students, and I can assure that the window will be open for them”