FG makes clarification, says student loan is suspended for weeks not indefinitely

Executive Secretary of the Tertiary Education Trust Fund, Sonny Echono has said that the student loan scheme was only postponed for a couple of weeks and not indefinitely.

Speaking at the TETFUND headquarters in Abuja following a visit by Governor Abdulrahman Abdulrazaq of Kwara state, Echono said the suspension became neccesary to ensure there are no complications in the proper implementation of the scheme and to ensure that the scheme is up to standard.

He said;

“The loan has not been postponed indefinitely, there’s just a little housekeeping 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 for 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.”

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