President Bola Tinubu has confirmed that the Student Loan Scheme would commence operations in January 2024.

President Tinubu stated this when he declared open the 29th session of the annual Nigeria Economic Summit in Abuja.

“By January 2024, the new Students Loan Programme must commence. To the future of our children and students we’re saying no more strikes”.

Tinubu also emphasized the need to immediately initiate a sustainable credit scheme, which he says would help tackle corruption.

“There must be consumer credit, the scheme will have to come into effect as soon as possible.

“I thank my team and my colleagues for building this programme, develop it now.

“We cannot talk about anti-corruption when you have to look for cash to buy a car when there’s no mortgage for homeownership”.