The Nigerian Senate has passed the Student Loan, Access to Higher Education Bill, 2024.
The legislative enactment occurred on Wednesday, March 20, 2024 following the Senate’s scrutiny of the report of the Senate Committee on Tertiary Institutions and TETFUND, which reviewed the bill.
The report on the bill was tendered before the federal lawmakers by the committee’s Chairman, Senator Muntari Dandutse (APC – Katsina South).
The bill was introduced to the Senate by President Bola Tinubu for consideration and passage last week.
The Senate hurried the bill’s hearing by suspending relevant elements of its standing rules and referring it to the Committee for consideration.
Following a debate on the bill, Senate President Godswill Akpabio sent it to the Senate Committee on Tertiary Institutions and TETFUND for further legislative action, with a one-week report deadline.
The bill proposes to offer destitute Nigerians simple access to higher education through interest-free loans from the Nigerian Education Loan Fund, which was established by the Act to ensure education for all Nigerians.
