Categories: Education

ASUU Urges Tinubu to Transform Student Loans into Grants for Underprivileged Students

The Academic Staff Union of Universities (ASUU) has appealed to President Bola Tinubu to transform the recently assented Students Loans Act into grants specifically designed for indigent students.

During an interview on Channels Television on Sunday, June 18, ASUU National President, Prof Emmanuel Osodeke, expressed his belief that the initiative would be more beneficial if it were extended solely to students from impoverished backgrounds, suggesting that it should be referred to as a grant rather than a loan.

As Prof Osodeke explained, the source of funding for these loans is the Federation Account, and burdening graduates with heavy debts and potential jail time if they fail to repay within two years seems unjustifiable. He emphasized the importance of engaging in collective bargaining and considering various perspectives on this matter.

Just last week, on Monday, President Tinubu fulfilled his campaign promise by signing the Students Loans Bill into law. This legislation aims to provide interest-free loans to economically disadvantaged Nigerian students.

Funke Victoria

Recent Posts

Boy Stranded After Bandits Killed His Father And Abducted His Mother In Niger

A young boy has been left stranded on his own after bandits attacked his family…

20 hours ago

Gunmen Kidnap Six Health Workers In Ondo

Suspected kidnappers have abducted six health workers during a late-night attack on a medical facility…

20 hours ago

“Yoruba People Beg A Lot, Their Begging Is Premium” – Peller [Video]

Nigerian media personality Peller is facing backlash over his remarks about Yoruba people during a…

21 hours ago

Apostle Chinyere Apologises After Backlash Over Marriage Plan For Autistic Son

Apostle Chibuzor Chinyere, founder of the Omega Power Ministry, has issued an apology after facing…

22 hours ago

Nigerian Gay Activist Edafe Okporo Announce Divorce From Husband

US-based Nigerian LGBTQ+ advocate Edafe Okporo and his husband, Nick Giglio, have ended their marriage…

23 hours ago

Nigerian Catholic Priest Rev. Fr. Michael Oli Slumps And Dies In US

A Nigerian Catholic priest, Rev. Fr. Michael Oli, has died in the United States. He…

1 day ago