{"id":113035,"date":"2024-03-13T10:47:33","date_gmt":"2024-03-13T09:47:33","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely"},"modified":"2024-03-13T13:10:56","modified_gmt":"2024-03-13T12:10:56","slug":"nigerian-govt-postpones-student-loan-scheme-launch-indefinitely","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely","title":{"rendered":"Nigerian Govt postpones Student Loan Scheme launch indefinitely"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Nigerian Government has postponed indefinitely the launch of the Student Loan Scheme earlier set to take place on Thursday.<\/p>\n

This was made known by Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), in an interview with Arise News on Tuesday.<\/p>\n

Sawyer said that the launch had been postponed as there are some corrections that are being made around the launch itself.<\/p>\n

He, however, did not give a new date for the launch.<\/p>\n

\u201cUnfortunately, I won\u2019t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome and sustainable way.<\/p>\n

\u201cOne thing that I will commit to is that this is a well-intended project. The president, President Bola Ahmed Tinubu means well around this and absolutely wants this rolled out as fast as possible, and we\u2019re working very hard to help realise that,\u201d Sawyer said.<\/p>\n

President Bola Tinubu had on June 12, 2023, signed into law the Access to Higher Education Act, 2023, marking a significant step forward in the provision of interest-free loans for underprivileged students in Nigerian tertiary institutions.<\/p>\n

Tinubu\u2019s minister, Dele Alake, who was a member of the then Presidential Strategy Team, said the move was made in fulfilment of one of Tinubu\u2019s campaign promises to liberalize funding for education.<\/p>\n

The Loan Scheme was initially slated to take effect in September, but the implementation was delayed.<\/p>\n

Nonetheless, Tinubu remained resolute, asserting that the program would be launched in January 2024.<\/p>\n

The presidency then eventually announced that the scheme will be introduced on Thursday, the 14th of March, which has now been postponed.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Nigerian Government has postponed indefinitely the launch of the Student Loan Scheme earlier set to take place on Thursday. This was made known by Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), in an interview with Arise News on Tuesday. Sawyer said that the launch had been postponed […]<\/p>\n","protected":false},"author":84,"featured_media":113033,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,28,14,2660],"tags":[1570,2140,254,227],"class_list":["post-113035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-nigerian-govt"],"yoast_head":"\nNigerian Govt postpones Student Loan Scheme launch indefinitely - Nigeria<\/title>\n<meta name=\"description\" content=\"Nigerian Government has postponed indefinitely the launch of the Student Loan Scheme earlier set to take place on Thursd ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerian Govt postpones Student Loan Scheme launch indefinitely\" \/>\n<meta property=\"og:description\" content=\"Nigerian Government has postponed indefinitely the launch of the Student Loan Scheme earlier set to take place on Thursd ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-13T09:47:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-13T12:10:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/03\/sm_1710315397.172321.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigerian Govt postpones Student Loan Scheme launch indefinitely\",\"datePublished\":\"2024-03-13T09:47:33+00:00\",\"dateModified\":\"2024-03-13T12:10:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely\"},\"wordCount\":307,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/03\/sm_1710315397.172321.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"Nigerian Govt\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"Policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerian-govt-postpones-student-loan-scheme-launch-indefinitely\",\"name\":\"Nigerian Govt postpones Student Loan Scheme launch indefinitely - 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