Students Loan: Group Speaks as Tinubu's Govt Finally Opens Portal For Application

Students Loan: Group Speaks as Tinubu's Govt Finally Opens Portal For Application

  • A group, MAPAMA, has commended President Bola Ahmed Tinubu's administration for recently opening the student loan portal
  • MAPAMA in a statement described the new student loan scheme as a transformative step towards ensuring sustainable higher education and skill development for Nigerian students
  • The launch of the student loan programme, alongside the Tinubu 'Renewed Hope' agenda exemplifies visionary leadership and a steadfast commitment to investing in the future of Nigerian youth, MAPAMA said

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering education in Nigeria and worldwide.

Abeokuta, Ogun state - The Moshood Abiola Polytechnic Abeokuta Muslim Alumni (MAPAMA) on Friday, May 24, commended President Bola Ahmed Tinubu over his "unwavering commitment to education and youth empowerment in the country".

MAPAMA made the commendation as the Nigerian Education Loan Fund (NELFUND) student loan application portal went live on Friday, May 24.

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Students loan: MAPAMA congratulates President Tinubu on successful launch
The first phase of the student loan scheme has started. Photo credits: Asiwaju Bola Ahmed Tinubu, Ogunjimi Rukayat Modupeola
Source: Facebook

NELFUND student loan

The association in a press statement, signed by its national spokesperson, Moruf Kazeem, obtained by Legit.ng, declared that NELFUND is more than a loan, "but a beacon of hope".

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Kazeem therefore urged Nigerians to rally behind the initiative, celebrate its launch, and "join in the move to propel Nigeria toward a brighter future".

The MAPAMA spokesman asserted that President Tinubu’s vision for NELFUND "reflects his dedication to providing equal opportunities for all Nigerian students", adding that by actualising the student loan scheme, the Nigerian leader has taken a significant step toward bridging the educational gap and fostering a knowledge-driven society.

Kazeem noted:

"We salute President Tinubu for translating words into action, ensuring that education remains a priority on the national agenda."

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Student loan: FG sent warning message

Meanwhile, the MAPAMA representative cautioned the FG that the scheme should not be converted to a political tool, rather, should be made to become a lifeline for aspiring scholars.

He said:

"Let us rise above partisan lines and recognise its transformative potential.
"We urge politicians and stakeholders to refrain from using NELFUND as a bargaining chip. Our students deserve better - unbiased access to quality education".

More to read about student loan

People banned from student loan

Earlier, Legit.ng reported that President Tinubu finally signed the national student loan amendment bill into law.

Amid the development, five categories of people are deemed ineligible to take the loan.

Source: Legit.ng

Authors:
Ridwan Adeola avatar

Ridwan Adeola (Current Affairs Editor) Ridwan Adeola Yusuf is a content creator with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.