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Babalola seeks inclusion of private universities in students loan

Babalola seeks inclusion of private universities in students loan

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Chief Afe Babalola, SAN, has faulted the exclusion of students in private universities from the Nigerian Education Loan Fund, initiative of the Federal Government.

Babalola, who is the Founder of Afe Babalola University Ado Ekiti, on Thursday described the exclusion from the loan scheme as unjust.

He therefore called for the inclusion of students in private universities in the country.

He spoke at the International Hydrogen Summit 2024, held at the ABUAD campus, Ado-Ekiti, the Ekiti State capital.

The legal luminary said: “TETFund was established by the Federal Government. Its source of fund is money collected from private organisations. We all know that private universities are precluded from accessing funds from TETFund.

“Recently, the federal government established the Students Loan Scheme. Again, students from private universities are precluded. Are they not Nigerians? Again, what have you done about it?

“Federal government gives money to public universities for research. I am not aware of any university (private or public) which has achieved more in research than ABUAD. Yet, ABUAD has not benefited from the government in this regard.”

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