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The National Nigerian Students has demanded transparency in the implementation of the student loan scheme.
The apex student body in the country called on the Federal Government to appoint individuals of unquestionable integrity and competence to oversee the disbursement of the loans.
NANS said this would not only ensure the scheme’s success but guarantee its sustainability.
The National President of NANS, Pedro Obi made the call in a statement made available to journalists in Abeokuta on Friday.
He insisted that the Federal government must take immediate and decisive action to protect the rights and future of the students abroad.
The statement read, “To ensure the success and integrity of the student loan scheme, we urge the Federal government to prioritise transparency and accountability in the disbursement of the loans and this must be done by engaging all relevant stakeholders.
“It is crucial that the government appoint individuals of unquestionable integrity and competence to oversee the disbursement of student loans. These appointees should be drawn from diverse backgrounds, including academia, finance, and civil society, to ensure a balanced and fair administration.
“We also urge the government to put in place transparent and effective monitoring mechanisms to track the disbursement process and ensure that funds are allocated appropriately. This includes regular audits, public reporting, and feedback channels for students to report any issues or irregularities.”
While commending President Bola Tinubu’s administration for initiating the student loan scheme, NANS called on the government to engage all relevant stakeholders in the implementation of the scheme.