Political analyst, Kabiru Ojo has criticised the Federal Government’s student loan scheme, saying it has placed more financial pressure on parents and has had only a limited impact on Nigeria’s education system.
Speaking in an exclusive interview with DAILY POST on Sunday on the state of the country’s economy and education sector, Ojo said the hardship facing Nigerians remains severe.
He argued that the student loan programme has not delivered the expected benefits.
According to him, many students are yet to benefit from the scheme, leaving parents to shoulder rising education costs.
“The student loan has brought more hardship to parents. It has had only a minimal impact on the education system because it has not covered even up to 70 per cent of Nigerian students,” he said.
Ojo argued that the introduction of the loan coincided with significant increases in tuition fees in many tertiary institutions, making it more
