The Academic Staff Union of Universities has alleged that the student loan set up by the Federal Government is just a plan to enrich a few individuals who owned private universities in the country.
The National President of ASUU, Emmanuel Osodeke, who was represented by his Vice, Christopher Piwuna, stated this while speaking to journalists in Bauchi on the sidelines of the award of indigent scholarship to university undergraduate students in Bauchi Zone of the union held at the ATBU, Yelwa Campus, on Saturday.
He said if the government was sincere in its intentions, the proposed student loan should be made a grant instead of a loan.
“Right from the start, we believe that the Nigerian state is capable of funding education in Nigeria. All these issues that have led to the introduction of the loan, the issues of charges in our universities, are as a result of poor funding. So, this particular effort by the government is supposed to meet that funding gap in the universities.
“The leadership of President Goodluck Jonathan, I think, tried to demonstrate that, when his administration agreed to release N200 billion in 2013 as part of the NEEDS Assessment and till this day, 10 years after the release of that money, we still see what that money is doing in this system.
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