ASUU Industrial Action Will Become A Thing Of Past – Tinubu

President Bola Tinubu on Monday, promised that the incessant industrial action by academic staff unions of tertiary institutions would become a thing of the past.

This was as he said the Student Loan Scheme he approved on June 12, 2023, would go live in January 2024.

The President made this known when he declared open the 29th session of the annual Nigeria Economic Summit at Transcorp Hilton, Abuja.

He said, “By January 2024, the new Students Loan Programme must commence. To the future of our children and students, we’re saying no more strikes.”

The President harped on the need to immediately initiate a sustainable credit scheme as a way for his administration to stabilise the economy through the collaboration of all stakeholders, especially the private sector.

He reasoned that such a scheme would aid an effective anti-corruption campaign

“There must be consumer credit, the scheme will have to come into effect as soon as possible.

“I thank my team and my colleagues for building this programme, develop it now.

“We cannot talk about anti-corruption when you have to look for cash to buy a car when there’s no mortgage for homeownership”, he said.