Student Loan Law: Not Yet Uhuru. What To Do Next? By Sunkanmi Vaughan | Sahara Reporters

Nigerians were greeted with the cheering news that President Bola Ahmed Tinubu, GCFR, assented to the Student Loan Bill passed by the 9th National Assembly. As a Nigerian, I feel the joy of most students, especially the indigent ones yearning for this kind of opportunity. I am sure it's a great way for the President to celebrate this year's June 12 Democracy Day with the Nigerian students.

The character and competence of the people in the management team to oversee the Nigeria Education Fund is critical.2. Education, particularly tertiary education, is no longer on the exclusive list. As noble and great as the law is, the Federal Government takes the credit for leading the way but can not be conferred with a monopoly in tertiary education Student Loan Provision service .

Nigerian Education Fund can not be a service provider of Student Loan service and serve as a regulator at the same time. Without a regulator in place, I am concerned about the period when states enact their own laws and implement. How do we avoid an overlap of roles and abuse that may arise from the system.

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