The National Association of Nigerian Students (NANS) has urged the National Assembly to pass a resolution prohibiting public tertiary institutions from raising fees for the next decade to ensure the sustainability of the loan scheme.
NANS who advocated for a five-year period after the completion of the National Youth Service Corps (NYSC) for the commencement of repayment for beneficiaries of the Federal Government loan scheme, argued that expecting repayment to start just two years after NYSC is not realistic, as less than ten percent of graduates secure employment within that time frame.
President of NANS, Lucky Emonele, made this proposal in Abuja during a public hearing on the repeal and re-enactment of the 2024 Students Loans Access to Higher Education Bill, commending President Bola Tinubu for including NANS leadership on the loan board.
“By removing financial barriers, these initiatives will enable more students to pursue higher studies, leading to a larger pool of skilled graduates who contribute to the country’s social and economic development. Increased literacy rates foster economic growth, social progress, and democratic participation,” Dandutse stated.
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