Why I Introduced Student Loan Scheme – Tinubu

The Student Loan Bill was introduced, and President Bola Tinubu signed it into law on Wednesday. He justified this action.

He claimed that with the program’s implementation, the way for Nigerian children to escape poverty has been made plain, and they now have a better future ahead of them.

Recall that Tinubu had signed the amended Student Loan Bill into law in front of influential National Assembly members and leaders.

At the State House in Abuja, where he was hosting members of the APC Presidential Campaign Council and the Independent Campaign Council for Iftar, the President stated that education is the only weapon against poverty.

He said, “Today, I signed the bill for the Student Loan Scheme. Imagine the children of the poor; what about people going through the mud, fishing in the ponds? How do you tell their children that their future will be brighter? It is only through education that we can fight poverty. A promising future awaits our children.”

Speaking about the economy and the reengineering process, Tinubu gave Nigerians hope that the nation’s economy is being guided towards broad-based prosperity and sustainable growth for families nationwide.

“The economy is looking much better. Yes, we have challenges of inflation, but we will bring it down. When the exchange rate was going haywire, it looked like we were asleep, but we worked on it diligently, and it is going down; it is getting better,” he noted.

Speaking further, he stated that although borrowing was more considerable a year ago, at the moment, “we are reengineering the financial landscape, and our revenue is expanding. And we are taking up our sovereignty and earning our respect back in the comity of nations”.

The President expressed his gratitude to the PCC and ICC members for their contributions to his election, stating, “It is your footwork and footprints that made me the President. I campaigned on hope, and you promised Nigerians hope and a good result when campaigning for me.

“There are a lot of expectations. I, therefore, have to work hard for it. There is a windy road we are traveling on. We have to navigate carefully. Otherwise, one ends up in the bush, and that is all I have been focused on.”

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