NATIONAL ASSEMBLY CONTEMPLATES STUDENTS LOAN BILL.

The House of Representatives has begun deliberations on a legislative framework for funding tertiary education through student loans.

The Speaker, House of Representatives, Femi Gbajabiamila, while delivering the 52nd convocation lecture of the University of Lagos (UNILAG), said the bill would provide funding for all qualified students, to relief the burden of school fees

The bill titled Students Loan is to provide interest-free loans to students, while repayment commences two years after the National Youth Service Corps (NYSC) scheme.

The lawmaker noted that beyond issues of finance, curriculum, technology and teaching methods, there is a fundamental issue of fairness, which institutions must address to be globally relevant.

He further stressed the need for the National Assembly to amend section 131(d) of the 1999 Constitution, which centers on minimum educational qualification for persons seeking elective positions.

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