Osun state governor, Ademola Adeleke, has advised the federal government to understudy other nation’s operating the student loan to avoid making it a debt trap.

While hosting the managing director of Nigeria Education Loans Fund (NELFUND), Dr Akintunde Sawyer at the Government House, Osogbo, Tuesday, Adeleke commended President Bola Tinubu for creating the fund as a response to the many challenges facing the student population.

“We commend the president for demonstrating political will by fast-tracking not only the establishment of the fund but its effective take-off.

“We are glad our efforts paid off with the enrolment of many Osun schools in the programme. It is gratifying to hear that Osun took the lead among comity of states in the selection and compliance process. Our next plan is to follow up by further deepening the preparedness of the selected schools for accessing opportunities available within the fund.

“I must however call our attention to a lesson we must learn as a nation from the operation of the loans board. As a long-term resident of the United States, I am aware of the challenge of student loan debt. It has become a crisis of sorts. It has also become a subject of hot political debate. It has to do with huge student loan debt in the US.

“We must as a nation avoid a similar debt trap. As we have the grace to understudy other nations operating similar funds, we must avoid the pitfalls. Our new system must integrate mechanisms to prevent similar experiences like what is happening in the US,” Adeleke said.

______________________________________________________________________

Revolutionizing Legal Research: "Civil Litigation Serial" and "Encyclopedia of Nigerian Case Law" Now Available

"Civil Litigation Serial" and "Encyclopedia of Nigerian Case Law Principles and Authorities" are must-have resources for legal practitioners, offering comprehensive insights into civil litigation and case law principles. The first volumes are now available for purchase through independent booksellers across Nigeria. Call 07051822705 to get your copies today! ______________________________________________________________________

Grab Your Complete Law Reports Now!!! IP, Company, Evidence & Land Cases - All Volumes With Digital Index!!!

To get a copy kindly Call 07044444777, 07044444999, 08181999888, https://alexandernigeria.com/ ______________________________________________________________________

[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
“Evidence Act: Complete Annotation” by renowned legal experts Sanni & Etti.
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation _________________________________________________________________