1.2 million Nigerian students to benefit from Tinubu's Student Loan Scheme, funded by 1% FIRS revenue, with repayment post-NYSC.

1.2 million Nigerian students will benefit from the Bola Ahmed Tinubu Administration's Student Loan Scheme, with funding sourced from 1% of the Federal Inland Revenue Service's (FIRS) total annual collectable revenue. The scheme is set to commence soon after President Tinubu signed the enabling law on April 3. Repayment of the loans will commence two years after completing the National Youth Service Corp (NYSC).

April 17, 2024
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