Student Loan: Reps warn tertiary institutions against fees hike

The House of Representatives has warned public tertiary institutions in the country against taking advantage of the Students Loans and Access to Higher Education in Nigeria Act to increase their tuition fees.
The warning followed the adoption of a motion by Terseer Ugbor (APC-Benue) at plenary on Thursday in Abuja.
The house also resolved to convene a legislative summit on student loan with all education sector stakeholders.
Moving the motion, Mr Ugbor said financial support from family members and relatives was often considered a traditional source for funding higher education.
He said in the past 60 years, such funding indicated that governments in both developed and developing countries had put in place various student loan and educational credit schemes to enable students to borrow towards higher education funding.
The lawmaker said, “After several years of unsuccessful attempts by successive administrations to introduce students loans, scholarships and other educational credit schemes, the 9th National Assembly passed the Students Loans Bill.”
Mr Ugbor said the objectives and intent of the student loan were patriotic and would impact positive access to higher education in Nigeria, especially among underprivileged citizens.
He, however, said several critical omissions and identifiable bottlenecks would frustrate the law’s successful implementation.
According to him, this is if immediate further legislative action was not taken to ensure its efficient implementation.
The lawmaker said there was an urgent need to convene a legislative summit with all key stakeholders to develop a strategy to ensure the smooth implementation of the Act for the benefit of indigent Nigerian students.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Rights
IGP disbands Edo police team; officers under probe for brutality
“This move underscores the commitment of the IGP to hold officers accountable for their actions.”

Rights
IPOB’s Sit-at-home Order: Enugu govt confirms enforcers’ arrest, orders markets, schools to reopen
“We are winning the war and therefore call on Ndi Enugu to volunteer information to the authorities.”

States
Reps make case for Oba-Nnewi-Uga-Akokwa-Arondizuogu-Okigwe road
“Now that the rain is here, the already deplorable state of the road has been worsened.”
![Zamfara State Governor, Dauda Lawal [Photo: Channels]](https://i1.wp.com/gazettengr.com/wp-content/uploads/IMG-20230706-WA0022.jpg)
States
Gov Lawal reduces Zamfara’s 28 ministries to 16
The Zamfara governor on Thursday signed an executive order reducing ministries in Zamfara from 28 to 16.

NationWide
NECA praises Tinubu’s tax reforms, seeks diesel VAT reduction
“Our businesses continue to be weighed down by these additional tax burdens.”

World
Yevgeny Prigozhin: Belarusian president confirms Wagner leader’s return to Russia
Mr Lukashenko, a close ally of Russian President Vladimir Putin, said Mr Prigozhin is no longer in the country, as he had returned to Russia, according to VOA.