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Senate passes bill to provide loans for indigent students

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Senate to provide loans for indigent students.

The Nigerian Senate has passed for second reading a bill to establish National Students Financial Aids Scheme for indigent students.

Senator Isa Hamman Misau representing Bauchi Central Senatorial district, according to DailyPost, who sponsored the bill said that the scheme would enable Nigeria students access educational loans anywhere in the world.

According to him, the conventional scholarships offered Nigeria Students has collapsed, leaving students especially those studying abroad often stranded.

Naija News gathered that Senator Misau was seeking the annulment of Nigeria Education Bank Act, 2004 for a harmonious operations of the two laws which he believed would solve difficulties by Nigeria students in higher institutions.

“A bill for an Act to establish the National Students Financial Aid Scheme to provide for the granting of loans to eligible students at higher institutions and repeal the provisions of the Nigeria Education Bank Act, 2004 and other matters connected therewith, 2017.”

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Supporting the biil, Senator Sam Egwu (PDP), representing Ebonyi South Senatorial district recalled that he benefited from scholarship in the old Anambra state.

He said the scheme will help indigent students studying in higher institutions, adding that, he took scholarships for students as priority when he governed Ebonyi state.

“Mr. President, distinguished colleagues, I strongly support this bill. I came from a very poor family and I benefitted from government scholarship in the University.

“My father was a court bailiff and after the war in 1970, he became a messenger, and I was almost stranded when I finished my little savings after two years in the University before I began accessing scholarship”, he said.

 

Source: Naija News

Was a Senior Associate at Naija News. She is a graduate of Mass Communication, with specialization in Public Relations and Advertising at Master level. A go-getter, level-headed and charismatic individual. She has penchant for fashion, styles and Bollywood movies. Follow her on instagram @bouqui_gold