Jare Olukotun
President Bola Tinubu, the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, has been commended for signing the Student Loan Bill into law and other achievements recorded by his administration within one year in office.
The commendation was given by the Proprietor/Chief Executive Officer, Caleb Group of Schools, who is also the Founder and Visitor to Caleb University, Lagos, Dr. Oladega Adebogun.
Dr Adebogun, a Harvard scholar, an astute educationist and erudite entrepreneur of international reputation, in a statement signed by Dr. Elvis Otobo, listed the new Student Loan scheme as a transformative step towards ensuring sustainable higher education and skill development for Nigerian students.
According to him, the bill is expected to provide a much-needed financial lifeline to students, enabling them to pursue their academic dreams without the burden of immediate financial constraints.
Adebogun also praised the new retirement age for judges in the judicial sector, which is now 70 years. The bill, titled, “Constitution of the Federal Republic of Nigeria, 1999 (fifth altercation), (No. 37) bill, 2023,” was the first to be assented to by President Tinubu.
He echoed that harmonizing the retirement age of judges is a move to maintain experienced legal minds within the judicial system, which would result in quality and timely delivery of judgments.
Dr. Adebogun also commended the economic reforms initiated by President Tinubu.
“These reforms, which aim to set Nigeria on a path of accelerated economic growth with a focus on productivity and ease of doing business, have already shown early signs of impressive growth, with the Minister of Finance reporting a significant increase in foreign direct investment and a boost in job creation”, he said.
“Similarly, the improvement in statutory allocations impacted positively on Federal, State, and all Local Governments in the country, which provides them with more resources to address challenges and development projects, are worthy of commendation,” he said.
The global scholar also noted Nigeria’s prominent international status and the strengthening of the naira.
“The country’s efforts in various sectors have improved its standing on the global stage and contributed to the strengthening of the naira against the dollar and other major currencies”, Dr Adebogun said.
“Dr. Adebogun’s recognition of these achievements underscores the positive impact of President Tinubu’s policies on the educational landscape and the broader socio-economic development of Nigeria”, he added.
