FG Postpones Students Loan Indefinitely

The Federal Government has postponed the launch of the Nigerian Students Loan Scheme indefinitely.

Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), stated this in an interview with ARISE NEWS, which was monitored by BusinessDay.

The loan which was formally slated to take off on Thursday, has been postponed again, as there are some corrections that are being made around the launch according to Sawyer.

“Unfortunately, I won’t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome and sustainable way.”