The Federal Government/Academic Staff Union of Universities (ASUU) 2009 Agreement Renegotiation Committee has said that a student loan scheme through an education bank can solve the sector’s funding challenges.
Its chairman, Dr. Wale Babalakin (SAN), said a N1 million per annum students’ loan scheme and, by extension, an education bank, will avail students of loans for their education and other immediate needs.
According to him, the Federal Government could not afford to satisfy university education needs as demanded by striking lecturers, at the detriment of the country’s infrastructure, health, security, and other challenges. Read more