Cursory: The Academic Staff Union of Universities (ASUU) said the Student Loan Act would send many Nigerian students out of school. ASUU President, Prof. Emmanuel Osodeke, stated this while reacting to the recently signed Student Loan Bill by President Bola Tinubu. President Tinubu had on Monday, June 12, signed the Student Loan Bill into law to help indigent students go through higher education


ASUU has responded to President Bola Ahmed Tinubu’s recent signing of the Student Loan Act, expressing concern that the legislation could lead to a high number of student dropouts. The new law, signed on June 12, aims to support financially disadvantaged students in pursuing higher education.
Speaking with journalists on Wednesday, June 14, ASUU President, Prof. Emmanuel Osodeke, said the Student Loan Act has the potential of sending many students out of school, Vanguard reported
Osodeke said: “A country where more than 133 million are living below the poverty line and you want to introduce tuition fees? It will be counterproductive.
“Every Nigerian should know what is going to happen next and there may likely be another bill waiting for signature that will introduce tuition fees.
“If the bill indicated that the loan is to pay tuition fees and there are no tuition fees in Nigerian universities, then what is your next approach?”
He added: “We have said long ago, in 2017, to President Buhari when they came up with the issue of tuition fees, that every student will pay N1 million and we said you cannot put that in our agreement and you cannot use that to negotiate with us and with the nature of the country we have today, there is no way that will work.”
“What will happen is that the majority of students whose parents cannot afford it will pull out of school in anger and you know what that means, they will fight the society back. But let us get the correct information first before knowing the next steps.”
Source: legit.ng
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