President Bola Tinubu has been praised for enacting the Student Loan Bill, which the Committee of Vice Chancellors and Registrars of Private Universities in Nigeria says will make it easier for more students to pay for either public or private tertiary education.
At the general meeting of the committee, which took place at the university’s international conference centre in Ibadan, the capital of Oyo State, Prof. Kabiru Adeyemo, chairman of the CVCRPUN and vice chancellor of Lead City University, made these remarks.
Adeyemo claimed that the loan would give needy students at public and private universities the chance to continue their academic careers.
Private universities, according to him, have experienced remarkable growth in recent years as a result of their unwavering commitment to and adherence to the highest standards of education quality.
We need to keep constructing on this base, he continued, working to foster a culture that values intellectual curiosity, critical thinking, and a strong sense of social responsibility.
“As vice chancellors and registrars, you hold significant sway over our institutions’ future and that of the students who enter their revered halls, and you accept responsibility for that outcome.
“We appreciate President Bola Tinubu for introducing the student loan programme. He has signed that legislation, which, in my opinion, is beneficial not only to public universities but also to private ones.
Some of the students from low-income backgrounds would be given the chance to pursue their academic careers with new financial opportunities, making them a force to be reckoned with in the end.
According to Prof. Francis Igbasan, vice chancellor of McPherson University in Ogun State, private universities can boast of the best facilities, faculty members, and even students. Many undergraduate students, according to him, go on to become chartered members of the professions.
Over 25 vice chancellors signed up for the programme online, and the event drew vice chancellors and registrars from all over the nation.
