The Chief of Staff to the President, Femi Gbajabiamila, on Friday, promised that there would be no middleman for students to access the proposed funds.
Gbajabiamila said the Students’ Loan Application system was being designed in a way that there is no interface between the loan administrators and the beneficiaries.
He noted that efforts were being put into place to ensure the take-off of the scheme in January 2024 to ensure that Nigerian students could access the loan “to fund their educational aspirations.”
He said this in Lagos while delivering the lecture titled, “Empowering Nigerian Youths in the Present Day Economy” at the 35th convocation ceremony of Yaba College of Technology (YABATECH).
To make the process seamless, Gbajabiamila said, “Applicants will apply online, be verified online and be credited based on the verifiable documents and credentials they submitted.”
He said, “Nobody will need to know anybody to qualify for these loans so that access to this financing will be genuinely egalitarian.”
Kazeem Badmus is a graduate of Mass Communication with years of experience. A professional in journalism and media writing, Kazeem prioritses accuracy and factual reportage of issues. He is also a dexterous finder of the truth with conscious delivery of unbiased and development oriented stories.
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