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President Bola Tinubu has reached out to the House of Representatives, urging consideration for the student loan bill, seeking to reform the Higher Education Student Loan Scheme.

Presented during Thursday's plenary session by Speaker Tajudeen Abbas, the bill aims to address issues surrounding the management structure of the Nigerian Education Loan Fund, applicant eligibility, loan purposes, and funding sources.

While emphasizing the importance of the proposed legislation, Tinubu highlighted the necessity of addressing challenges in the education sector. However, reactions from Nigerians on social media varied.

While some expressed optimism and commended the initiative, others raised concerns about the effectiveness of such measures, questioning previous government actions and expressing skepticism about the allocation and utilization of funds.