Afrigather ASUU insisted that the proposed mortgage to college students would grow to be a legal responsibility for them earlier than they even graduate.…CONTINUE READING
Having signed the scholar mortgage invoice into legislation on June 12, 2023, President Bola Tinubu introduced in October that the scheme will come on stream in January 2024, with the Federal Authorities voting ₦50bn for the programme in subsequent yr’s funds.
The legislation was geared toward offering easy accessibility to increased training for indigent Nigerian college students via interest-free loans from the Nigerian Schooling Mortgage Belief.
Nonetheless, the tutorial union has severally stood towards the coverage, suggesting different initiatives that might have far-reaching optimistic results on the focused college students.
Doubling down on the physique’s place, ASUU president Prof Emmanuel Osodeke urged that allocating the 50 billion naira as grants would have had extra impression and be a humane funding within the training of Nigerian college students.
He made the argument whereas showing on Channels Tv’s Onerous Copy programme on Friday, December 15, 2023.
“If the difficulty is simply ₦50 billion, why can’t we convert that ₦50 billion as a rustic like Nigeria to grants for the kids of the very poor?
“Let’s give to those that can not afford it, not give them as a mortgage that turns into a legal responsibility for them earlier than they even graduate and unsure of getting a job.
“We’re considering of the Nigerian individuals, those that can not afford it, these youngsters who’re within the villages whose mother and father earn lower than N30,000 a month,” Osodeke stated.
“Whether it is nearly 50 billion, the Nigerian authorities ought to give that fifty billion as grants to the scholars slightly than giving it as a mortgage that can encumbrance them sooner or later and will make them begin going to crime, in an effort to pay for this mortgage,” he stated.
Recalling earlier makes an attempt at introducing a scholar mortgage scheme in Nigeria, the union chief questioned its success, mentioning that such initiatives had failed on two events up to now.
“In such a rustic the place you simply have entry to Job after commencement can not pay it again and they’re struggling, or individuals committing suicide. Is it in Nigeria the place the kids are certain that even in 10 years, you won’t get the employment that they will pay again the mortgage?” he requested.
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