Education News

2024 budget: Student loan to commence January — Tinubu

President Bola Tinubu has shared exciting news regarding the 2024 budget, particularly the initiation of the student loan program set to kick off in January. The announcement was made during the presentation of the 2024 Appropriation Bill in Abuja on Wednesday, emphasizing the budget’s focus on fostering economic growth and creating ample job opportunities.

Named the Budget of Renewed Hope, Tinubu underscored its dedication to resolving longstanding issues within the education sector, with a special emphasis on launching the student loan program in January. The presentation of the N27.5 trillion Appropriation Bill commenced at 11:40 a.m., with President Tinubu committing to implementing the budget from January 1, 2024, pending approval.

Prior to President Tinubu’s arrival at the National Assembly complex, there was a noticeable influx of federal lawmakers in both the Senate and the House of Representatives. Interestingly, Senators broke from the customary parliamentary protocol by attending the House of Representatives plenary before the joint session for the budget presentation, creating a surprising moment for House members.

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