Education

Caleb schools chairman lauds Tinubu on student loan, others

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The Proprietor/CEO of Caleb Group of Schools, Dr Oladega Adebogun, has commended President Bola Tinubu, for the establishment of a free-interest loan financial institution, Nigerian Education Loan Fund (NELFund) purely to cater for public tertiary institutions’ students in the country who are from financially less privileged homes.

He also lauded the president on the elongation of retirement ages for judges to 70 years and also on his administration’s various economic reforms.

He said those steps would certainly yield great results in no time for Nigeria and its people.

Adebogun, who is the founder of the Caleb University, Imota, Lagos, gave the commendations in a statement made available by Dr Elvis Otobo, on Saturday.

According to him, the student loan scheme, for example, is a transformative step towards ensuring sustainable higher education and skill development for Nigerian students.

He noted that “The scheme is set up to provide a much-needed financial lifeline for students to enable them to pursue their academic dreams without financial constraints.”

On the new retirement age for judges, Adebogun pointed out that the policy would greatly help the country to maintain experienced legal minds within the judicial system and this would result in quality and timely delivery of judgments.

He stated further that the economic reforms of Tinubu’s administration, if well implemented would likely set Nigeria on a path of accelerated economic growth with a focus on productivity and ease of doing business.

He declared that the early signs of impressive growth had already been shown and that the Minister of Finance reported a significant increase in foreign direct investment and a boost in job creation is another good pointer for a better tomorrow for Nigeria.

He added that the significant increase in statutory allocations to all three tiers of government is another good step for each of the levels of government to address their challenges and make positive impacts on people’s lives.

Adebogun, however, urged President Tinubu to remain focused on changing Nigeria’s economic narrative positively.

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