Chief of Staff to the President, Femi Gbajabiamila has said that there will be no intermediaries in the Students’ Loan Application system which is currently being designed.



Delivering the lecture titled, “Empowering Nigerian Youths in the Present Day Economy” at the 35th convocation ceremony of Yaba College of Technology (YABATECH), Gbajabiamila said efforts are underway to ensure the take-off of the scheme in January 2024 to ensure that Nigerian students can access the loan “to fund their educational aspirations.”



He said;



“Applicants will apply online, be verified online and credited based on the verifiable documents and credentials they submitted. Nobody will need to know anybody to qualify for these loans so that access to this financing will be genuinely egalitarian. The student loan system answers part of the question of how to fund a quality public tertiary education but doesn’t answer all of it.

“Any serious conversation about the future of tertiary education in Nigeria must include a thorough consideration of the ways and means of addressing the funding needs of public tertiary institutions beyond government subvention.

Can he really ensure that happens.

They keep saying things they can't do practically.

Ordinary SME loans wey the lowest na 50k. The politicians licked it off. Kolobi the stuff and spoilt everything like they always do..

Give the loan already


Oga

Yimu

give the loan already and lets see how far it will go .

This present administration may implement it succefully. But watch what happens, before you know, they will deliberately cause a network glitch and disrupt the website. By then, they will now say , " since the website cannot accommodate the traffic, we have decided to appoint men at local government level where the applications will now be forwarded to pending when the website comes up".. that is the end, they will now keep allocating budgets to the scheme which will now become a thing of man know man, and the rest embezzled .

Nigeria as a country have the worse set of humans on earth

illicit:
Give the loan already


Oga

January 2024

Natbrowny:
Can he really ensure that happens.

They keep saying things they can't do practically.

Ordinary SME loans wey the lowest na 50k. The politicians licked it off. Kolobi the stuff and spoilt everything like they always do..

Crazy people they know how to do it right but they’ll make it complicated.

Their family enjoy all these benefits abroad. they know how these things works.

Your job as government is to make laws that protects borrowers from lenders. Make it mandatory for lenders to properly educate borrower before lending them any money. Laws that protects lenders from fraud. It shouldn’t be that complex i don’t know where you see the possibility of middle men if the consumers interest is properly protected by the laws of the land.