A Professor of Government Studies, Professor Jideofor Adibe, has insinuated that there is no merit in the student loan scheme that was signed by President Bola Ahmed Tinubu; as he maintained that the scheme is not implementable, hence, the 10th National Assembly should include reviewing the scheme in its agenda.
Professor Adibe had said, “Part of the agenda could be having a second look at that student loan scheme because it’s not implementable.”
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Professor Adibe, who spoke during an interview on Sunrise Daily, a Channels Television programme, argued that the student loan bill that was signed by President Tinubu is not implementable. According to him, the bill was introduced by the past National Assembly without careful consideration, hence, the reason why it would not be implementable. He went further to express possibility that the bill was signed to hike up tuition fee for higher institutions.
Adibe defended his argument by maintaining that the requirements for eligiblity might not be feasible for many households in the country. He suggested that the 10th National Assembly could consider reviewing the bill to allow for better service delivery.
Adibe also reviewed some of the policies of President Tinubu, as he noted that economic crisis in the country is not just as a result of fuel subsidy removal, but as a result of other steps that have been taken without careful considerations. He mentioned that unifying exchange rates without considering what Nigeria has to offer to the foreign market would do the country no good.
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