ASUU President Says New Student Loan Act Will Throw Many Out Of School

June 15, 2023
Nigerian Govt Should Convert N50bn Student Loan To Grants – ASUU President

The Student Loan Bill, signed into law by President Bola Tinubu, has raised concerns within the Academic Staff Union of Universities (ASUU), as it has the potential to force numerous students out of school, according to ASUU President, Prof. Emmanuel Osodeke.

Speaking with journalists on Wednesday, Osodeke highlighted the adverse effects the law could have on millions of prospective students who rely on tuition-free higher education institutions to acquire knowledge.

Join our WhatsApp Channel

He questioned the rationale behind introducing tuition fees in a country where over 133 million people live below the poverty line, emphasizing the counterproductive nature of such a move.

READ ALSO:ASUU May Wade Into UNN ‘Service Charge’ Protest, SUG Says Fees ‘Unacceptable’

Osodeke further pointed out that the bill was not a new concept, as the union had previously rejected it during the administration of former President Muhammadu Buhari.

He acknowledged that ASUU was yet to obtain the accurate copy of the law signed by Tinubu and stressed the need for careful examination and analysis.

In 2017, the union had already expressed its opposition to the concept of tuition fees, objecting to the proposition that each student should pay one million naira.

ASUU firmly believed that such an arrangement was unacceptable for negotiation and incompatible with the country’s current circumstances.

Osodeke warned of potential repercussions, stating that if the majority of students whose families could not afford tuition fees were forced to withdraw from school, it would likely lead to societal unrest and resistance.

However, he stressed the importance of obtaining accurate information before determining the next course of action. Meanwhile, the Federal Ministry of Education has not yet commented on the new Student Loan Act.

However, the ministry is expected to hold a press conference in the near future to address and clarify all concerns surrounding the legislation.

Somto Bisina
+ posts

Featured Stories

Latest from News

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Zimbabwe Seeks $115 Million Afreximbank Loan to Revive State Railway

Written by Amanze Chinonye Zimbabwe’s state-owned railway operator is negotiating a $115 million financing facility with the African Export-Import Bank (Afreximbank) to acquire locomotives and wagons and rehabilitate parts of its ageing rail network, officials said. The National Railways of Zimbabwe (NRZ) is

Fiji Escalates HIV Response as New Cases Reach Record Levels

Written by Amanze Chinonye Fiji has declared HIV a national crisis after a sharp rise in new infections, with an estimated one in 60 adults now living with the virus, prompting the government to expand testing, treatment and prevention services. Join our WhatsApp

Air Peace Disputes NCAA August Delay Figures, Cites External Disruptions

Written by Amanze Chinonye Air Peace has challenged the accuracy of Nigeria’s aviation regulator’s August flight-delay figures, saying the report understated its flight volume and failed to adequately account for external factors behind the disruptions. Join our WhatsApp Channel The airline said it
Previous Story

Super Eagles striker Osimhen Keen On AFCON Ticket, Reveals Online Abuse

EFCC Suspension: Bawa Summoned By DSS Amid Controversy
Next Story

EFCC Suspension: Bawa Summoned By DSS Amid Controversy

Don't Miss

Interesting Things To Know Ahead Rebased Inflation Figures

Interesting Things To Know Ahead Of Rebased Inflation Figures

Nigerians are set to receive the rebased Consumer Price Index
Ministry Of Labour Denies Independent Day Minimum Wage Announcement Reports

Ministry Of Labour Denies Independent Day Minimum Wage Announcement Reports

Nigerian workers’ hopes for a new minimum wage announcement by