The Senate on Wednesday passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024.
The was passed after the Senate assessed the report of the Senate Committee on Tertiary Institutions and TETFUND that considered the Bill.
Chairman of the committee, Senator Muntari Dandutse (APC – Katsina South) presented the report during plenary.
Last week, President Bola Tinubu transmitted the Bill to the National Assembly for its consideration and passage.
After debate on the Bill, Senate President Godswill Akpabio referred the Bill to the Senate Committee on Tertiary Institutions and TETFUND for further legislative work and to report back in one week.
The Bill seeks to provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund established in the Act to provide education for all Nigerians.
