President Bola Tinubu has elaborated on the significance of the Student Loan Bill, which he recently signed into law.
He emphasized that the introduction of the scheme paves the way for a brighter future for Nigerian children, particularly those from underprivileged backgrounds.
In a gathering that included leaders and key members of the National Assembly, President Tinubu signed the revised Student Loan Bill into law. During an Iftar event at the State House in Abuja, he underscored the pivotal role of education in combating poverty.
President Tinubu remarked, “Today, I signed the bill for the Student Loan Scheme.
Imagine the children of the poor; what about people going through the mud, fishing in the ponds? How do you tell their children that their future will be brighter? It is only through education that we can fight poverty.
A promising future awaits our children.”
Addressing the country’s economic situation, President Tinubu expressed confidence in its trajectory toward sustainable growth and prosperity for Nigerian families nationwide.
He acknowledged the challenges, including inflation, but assured that measures are being implemented to address them.
He stated, “The economy is looking much better. Yes, we have challenges of inflation, but we will bring it down.
When the exchange rate was going haywire, it looked like we were asleep, but we worked on it diligently, and it is going down; it is getting better.”
President Tinubu also highlighted the progress made in financial management, noting a reduction in borrowing compared to the previous year.
He emphasized efforts to enhance revenue generation and regain Nigeria’s standing in the global community.
Addressing members of the Presidential Campaign Council (PCC) and the Independent Campaign Council (ICC), President Tinubu credited their efforts for his election, promising to fulfill the expectations placed upon him.
He stressed the need for careful navigation of the country’s current path, reaffirming his dedication to steering Nigeria toward a prosperous future.
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