President Tinubu Vows to Eradicate Tertiary Education Dropout Rates Due to Financial Strain
President Tinubu Vows to Eradicate……
In a resolute stance on education, President Bola Tinubu assures that his administration is unwavering in its commitment to preventing students from abandoning tertiary education due to financial constraints. The declaration came during his address at the 33rd convocation ceremony of the Federal University of Technology, Akure (FUTA) in Ondo State.
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Represented by Professor King-David Terna Yawe of the National University Commission (NUC), President Tinubu acknowledged the challenges plaguing higher education in Nigeria. He underscored his government’s dedication to overcoming these challenges and highlighted the recent enactment of the Student Loan Bill as a tangible step towards supporting students financially.
President Tinubu emphasized, “My government will not shirk its responsibilities in this area. We will guarantee that educational institutions receive the necessary resources to effectively carry out their statutory responsibilities. One of my first actions as President of Nigeria was to sign the Student Loan Bill into law to put this into action.”
The President elucidated on the provisions of the Student Loan Bill, which aims to provide interest-free loans to financially challenged students across all tertiary institutions. These loans are designed to be repaid at the students’ convenience, particularly upon securing employment.
Underlining his commitment to accessible education, President Tinubu stated, “Under my leadership, and as I have outlined in my manifesto, no student will be forced to drop out of school due to an inability to pay tuition.”
The ceremony also saw FUTA Vice Chancellor Prof Adenike Temidayo Oladiji expressing gratitude to President Tinubu for his steadfast support of the education sector. She lauded his initiatives aimed at improving the quality of education and ensuring its accessibility to all Nigerians. President Tinubu’s assurance at the convocation underscores a proactive approach to tackling financial barriers that may hinder students’ pursuit of higher education.
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