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Tinubu’s Latest Move: Gives Buses to Students, Lifts Loan Restrictions

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Tinubu's Latest Move Gives Buses to Students, Lifts Loan Restrictions

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President Bola Tinubu has taken a new initiative to support students by providing buses to universities, polytechnics, and colleges of education across the country.

This move aims to ease the burden of increased transportation costs due to the removal of fuel subsidies.

Additionally, President Tinubu has removed all restrictions on student loans, making them available to any student or household in need.

He has also directed federal institutions to avoid arbitrary increases in fees and defer further increases to alleviate difficulties faced by parents and students.

This decision reflects President Tinubu’s commitment to prioritize education and improve the welfare of students and staff in higher learning institutions.

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The Federal Government acknowledges and appreciates the courage and partnership of Nigerian students during these challenging times.

The full statement reads

In furtherance of his desire to ease the burden of the fuel subsidy removal on students of higher institutions of learning, President Bola Tinubu has approved provision of buses to the students’ bodies of all universities, polytechnics and colleges of education across the country.

The desire of the President is to see that students can access their campuses without much difficulty as a result of higher transportation costs.

The provision of the buses will also remove the burden of additional cost of daily commuting on parents and guardians.

In line with his promise to ensure no Nigerian student abandons his or her educational pursuits as a result of lack of money and economic circumstances of their parents, President Tinubu has also approved the removal of all restrictions on the students’ loan to make it available to any student or household that may desire it.

Similarly, President Tinubu has directed the authorities in all Federal Institutions of higher learning to avoid arbitrary increase in sundry fees payable and where possible defer further increase so that parents and students don’t face too many difficulties.

While it is important to reiterate that President Tinubu has directed release of over 200,000 Metric Tonnes of grains to families in 36 states and Federal Capital Territory, Abuja, the government is working to ensure that vulnerable students can also benefit from conditional cash transfers and food distribution.

The Federal Government salutes the courage, wisdom and partnership of Nigerian Students as our country navigates this challenging time.

President Tinubu will continue to prioritise education and the needs of the students, improve welfare of teaching and non-academic staff and invest in infrastructure to make our institutions of higher learning become more globally competitive.

Dele Alake

Special Adviser to the President

Special Duties, Communications & Strategy

July 31, 2023


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