ASUU: The Student Loan Act may cause many students to drop out of school

According to the Academic Staff Union of Universities (ASUU), the Student Loan Bill, which President Bola Ahmed Tinubu signed into law, may cause many students to drop out of school.

This was stated to media on Wednesday by ASUU President Prof. Emmanuel Osodeke.CONTINUE READING>>>>>

Recall that on Monday, the President signed the Act, claiming it as a fulfillment of one of his campaign promises.

Osodeke cautioned, however, that the rule might have a detrimental effect on the millions of aspirants who depend on institutions of higher learning that don’t charge tuition to further their studies..…. Continue Your Reading

In a nation where more than 133 million people live in poverty, you want to impose tuition fees. It will be a failure.

“Every Nigerian should know what is coming next, and it’s possible that a different bill introducing tuition fees is currently awaiting approval,”

What would you do if the loan was intended to be used to cover tuition fees yet there are none in Nigerian colleges despite the bill’s mention of them?

According to Osodeke, who also reveals that the union rejected the proposal when it was made by the administration of former President Muhammadu Buhari, the policy is not new.

The specific text of the measure that Tinubu had signed was not yet available to the union, he noted, thus it was imperative to obtain and review it.

In 2017, we informed President Buhari that every student would pay N1 million in tuition fees, and that you were not permitted to incorporate this information in our agreement or use it as a negotiating chip. There is no way that will function given the nature of the country we live in today.

The majority of students from low-income homes will leave school out of wrath, which, as you are aware, indicates that they will rebel against society. But let’s make sure we have the correct facts first so we know what to do next,” he continued.


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