Ex-minister advocates effective student loan scheme implementation

Prof. Tunde Adeniran, a former minister of education, has advocated for the appropriate implementation of the planned student loan program in order to ensure that its goals are met.

He made this after the National Assembly recently passed the Student Loan Bill.

The Academic Staff Union of Universities’ ongoing financing dispute with the government would be partially resolved if the loan was implemented properly. the ex-minister said

Adeniran said, “I believe the idea of student loans is a good one, so that those whose parents cannot afford it can have access to them.” But the loans have to be administered appropriately so that they are not done in the usual way Nigerians do things.

“The idea or policy may be fine, but the implementation may be faulty; people who understand that this is for the promotion of education and to help the poor should be in charge of it.”

“What we are doing now is free education to the university level. With the many leakages in our national budget, there is no way you can expect that free education in our present system has all that it takes in terms of infrastructural development and yet be able to do what needs to be done in terms of funding.

He, however, called for collaboration between the government, the private sector, and parents or guardians who are the ultimate beneficiaries of such education.

GOGAN TV