Tinubu removes restrictions on students loans, approves buses for schools

In furtherance of his desire to ease the burden of the fuel subsidy removal on students of higher institutions of learning, President Bola Tinubu has ordered the removal of restrictions in accessing the new students loans and approved provision of buses to the students’ bodies of all universities, polytechnics and colleges of education across the country.

The presidency, in a statement on Monday in Abuja by the Special Adviser to the President on Special Duties, Communications and Strategy, Dele Alake, said, the desire of the President is to see that students can access their campuses without much difficulty as a result of higher transportation costs.

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The provision of the buses will also remove the burden of additional cost of daily commuting on parents and guardians, the government stated.

In line with his promise to ensure no Nigerian student abandons his or her educational pursuits as a result of lack of money and economic circumstances of their parents, Tinubu has also approved the removal of all restrictions on the students’ loan to make it available to any student or household that may desire it.

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Similarly, the President has directed the authorities in all Federal Institutions of higher learning to avoid arbitrary increase in sundry fees payable and where possible defer further increase so that parents and students don’t face too many difficulties.

While it is important to reiterate that Tinubu has directed release of over 200,000 Metric Tonnes of grains to families in 36 states and Federal Capital Territory, Abuja, the government is working to ensure that vulnerable students can also benefit from conditional cash transfers and food distribution, the presidency said.

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The Federal Government salutes the courage, wisdom and partnership of Nigerian Students as our country navigates this challenging time.

It stated that the President will continue to prioritise education and the needs of the students, improve welfare of teaching and non-academic staff and invest in infrastructure to make our institutions of higher learning become more globally competitive.