The Senate has passed for second reading the Students Loans Access to Higher Education Act (Repeal and Enactment) Bill, 2024.

This followed a correspondence by President Bola Tinubu, who wrote to the Senate seeking the repeal of the existing law, and has submitted a fresh bill to be passed into law.

This request comes a day after the announcement of a temporary suspension of the commencement of the student loan scheme which would allow students of tertiary institutions access interest-free loans to complete their studies.