Senate passes Student Loan Act 2024

The Senate has passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024.

The passage of the Act followed the outcome of a report of the Committee on Tertiary Institutions and Tertiary Education Trust Fund (TETFUND), which was presented by the Chairman of the Committee, Sen. Mohammed Muntari, during plenary on Wednesday.

The Bill had last week, passed a second reading after President Bola Tinubu wrote to the Senate and the House of Representatives seeking the repeal of the Student Loan Bill and the enactment of a new one.