 The Nigerian Senate has passed the Student Loans Access to Higher Education Act repeal and enactment Bill 2024. The Senate's resolution followed its consideration of the report of the Senate Committee on Tertiary Institutions and Ted Fund. The chairman of the committee, Senator Muntari Danbutse, presented the report during plenary. The core objective of the bill is to provide a legislative framework to support the establishment of Nigerian Education Loan Fund, with a view to oversee the general administration of the management and development of the loan to beneficiaries. Specific objectives of the bill. The bill seeks to achieve the following. Provide loan to qualified applicants to pay two shampy charges and upkeep during the courses of study. Senate do consider and pass the Student Loans Access to Higher Education repeal and enactment Bill 2024, SB 398, to ensure smooth access to higher education. President Bola Tinibu had last week written to the Senate and the House of Representatives seeking the repeal of Student Loans Access to Higher Education bill and to enact a new one. The bill which sealed or scaled first, second and third reading in both parliamentary sittings became law on Wednesday. The committee of the whole considered the report of the committee on tertiary institutions and Ted Fund on the Student Loans Access to Higher Education Act repeal and enactment Bill 2024 and approved as follows. One title as recommended, number of clauses, clauses 1 to 36 as recommended, interpretation clause 37 as recommended, short title, clause 38 as recommended, schedules 1 as recommended, explanatory memorandum as recommended, if these a true reflection of what transpired in the committee of the whole. On the repayment of loans by beneficiaries, the bill stipulates that beneficiaries of the fund shall begin as soon as the beneficiary becomes employed in any capacity.