FGN READY TO PROVIDE BUSES FOR HIGHER EDUCATION STUDENTS

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STATE HOUSE PRESS STATEMENT

FG READY TO PROVIDE BUSES FOR HIGHER EDUCATION STUDENTS, REMOVES RESTRICTIONS ON STUDENTS' LOANS

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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Major take-aways from President Tinubu's nationwide broadcast.

✍🏽 N75B to fund enterprises at single digits (9%) per annum

✍🏽 N125BN will be set aside  to energize MSMEs

✍🏽 200,000 metric tonnes of grains to be released.

✍🏽 225,000 metric tonnes of fertilizer, seedlings and other inputs to be provided for farmers immediately.

✍🏽 N50BN will be provided to cultivate 150,000 hectares of rice and maize.

✍🏽 50BN will be provided to cultivate 100,000 hectares of wheat and cassava.

✍🏽 N100BN to acquire 3000 units of 20-seater CNG-fuelled buses.

✍🏽 Minimum wage will be reviewed immediately.

✍🏽 Emphasis on Students Loan.

God bless Nigeria 🇳🇬

God bless Asiwaju Bola Ahmed Tinubu 🌽🌽

 (President Of The Federal Republic Of Nigeria)

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