2026 BUDGET SPEECH: "BUDGET OF CONSOLIDATION, RENEWED RESILIENCE AND SHARED PROSPERITY", PRESENTED BY PRES. TINUBU. (PHOTO). #PRESS RELEASE.

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 2026 BUDGET SPEECH "BUDGET OF CONSOLIDATION, RENEWED RESILIENCE AND SHARED PROSPERITY"   Presented by: His Excellency, Asiwaju Bola Ahmed Tinubu, GCFR President, Federal Republic of Nigeria, At the Joint Session of the National Assembly, Abuja, Friday, 19 December 2025   PROTOCOLS o     Distinguished Senate President, o     Rt. Honourable Speaker and Honourable Members of the House of Representatives, o     Distinguished Senators and Honourable Members of the National Assembly, o     Fellow Nigerians, 1.            I am here today to fulfil an essential constitutional obligation by presenting the 2026 Appropriation Bill to this esteemed Joint Session of the National Assembly for your consideration.   2.            This budget represents a defining moment in our national journey of reform and transformation. Over the last two and a half years, my go...
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PRESIDENT TINUBU SIGNS STUDENTS LOAN AMENDMENT BILL INTO LAW. (PHOTO).

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President Tinubu Signs Students Loan Amendment Bill into Law


President Bola Tinubu has officially sanctioned and enacted the amendment bill for National Student Loans.


The legislation was ratified at the Aso Rock Presidential Villa on Wednesday, April 3, 2024.


The Senate had previously approved the Student Loan (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, in March 2024.


This action ensued after the Senate Committee on Tertiary Institutions and Tertiary Education Trust Fund (TETFund) reviewed and endorsed a report, which Senator Muntari Dandutse (APC, Katsina South), the committee’s chairman, presented during a plenary session.


It is noted that the bill had already undergone a second reading in both the Senate and the House of Representatives.


Tinubu has written to both the Senate and the House of Representatives, requesting the repeal of the Student Loan (Access to Higher Education) Bill and the enactment of a new one.


The anticipated Act aims to improve the execution of the Higher Education Student Loan Scheme by addressing issues related to the management structure of the Nigerian Education Loan Fund (NELF), the eligibility requirements for applicants, the loan’s purpose, sources of funding, and the procedures for disbursement and repayment.


This move by Tinubu followed the announcement of a temporary halt to the initiation of the student loan scheme.


The legislation was originally established to enable Nigerian tertiary institution students to obtain low-interest loans for tuition and other educational expenses.

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