• News - North Central
  • Updated: May 02, 2024

Bishop urges FG to sustain student loan scheme

Bishop urges FG to sustain student loan scheme

The Federal Government has been urged to sustain the student loan scheme to boost the country’s educational level and improve its Human Capital Development Index.

The call was made by the Bishop of the Diocese of Ife, Rt Rev Olubunmi Akinlade, during his address at the first session of the 12th synod of the diocese.

He said, “I think the federal government has started addressing it. I’m aware that the president has launched the Student Loan Scheme, and has appointed Mr Jim Ovia to oversee the scheme. This idea, if well implemented, is laudable.

"When you look at the advanced countries of this world, they don’t have free education, but they have student loans and scholarships. While the government has a student loan scheme, individuals and state governments should also put up scholarships.

“When a student knows that he’s on scholarship or has taken a loan to be in school, the idea of getting to campus misbehaving, we would have serious-minded people on campuses. Parents can’t pay all these bills.

"And if you look way back, that was what some of the missionaries did, like the Church Missionary Society. When they came they set up schools and gave scholarships to serious-minded students. And that’s what has encouraged many people to go to school. We need to go back to that.”


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