House Passes Nigerian Students’ Loan Bill Through Second ReadingFeatured, Latest News, News Wednesday, June 1st, 2016
Ayodele Afolabi, Abuja
ABUJA, NIGERIA (AFRICAN EXAMINER) – A bill seeking to make Federal Government (FG) to provide loan to students to pursue tertiary education has passed second reading at the House of Representatives.
Speaking on the bill, its sponsor and Leader of the House, Hon. Femi Gbajabiamila (APC Surulere 1-Lagos), said the bill was intended to provide students with easy access to funds for higher education.
Femi Gbajabiamila explained that a great population of Nigerian students would be enrolled for higher education if the bill scaled was successful.
He therefore canvassed for the establishment of Nigerian Education Bank.
Gbajabiamila also advocated that the loans should be interest-free, adding “Nigeria is blessed with abundant natural resources to tap from and encourage quality education for future generations”.
It would be recalled that Hon. Gbajabiamila introduced this bill in the 7th assembly but was not concluded by the Committee on Education before the end of the immediate National Assembly (NASS).
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