Student Loan Program, Consumer Credit Initiatives begins in January 2024

By Temitope Mustapha, Abuja

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President Bola Ahmed Tinubu says the new student loan program and consumer credit schemes will begin by January 2024.

The President said this while addressing the 29th Nigerian Economic Summit Group on Monday in Abuja.

President Tinubu also emphasized that through strong collaboration with the Nigerian Economic Summit Group and the private sector, financing Nigeria’s Three Trillion Dollar National Infrastructure Stock can be achieved in a decade.

“A fully networked and connected Nigeria by rail, gas, fibre optics and road network can be constructed in less than 20 years. Establishing thriving Industrial Zones in every part of Nigeria is possible before 2030.”

The President charged the NESG not to relent in crafting strategies that would reposition Nigeria’s economy, pledging his administration’s commitment to act on the Summit report when received.

“We recognize that it is imperative that we foster a highly collaborative relationship with the private sector.”

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