 The House of Representatives Adho Committee and Students' Loan Fund and Access to Higher Education in Nigeria is proposing an increase of the proposed Students' Loan announced by the President Bola Amitynambu from 1% to 3%. The committee made these suggestions during a public hearing to ascertain the level of progress made so far by a presidential committee put together to remove all legal encuberances hindering access to the loan by Nigerian students. Chairman House of Committee Tese Ubo said these will enable the federal government to fulfill its agenda of ensuring every Nigerian student have access to funds to complete his or her education pursuant to despite the hardship caused by the removal of fuel subsidy by the President Tinibu administration in May this year. We've been meeting as a committee and we've looked at specific areas that we think should be further refined to be able to answer all the questions that Nigerians needed aside and most importantly to make the act very responsive to the need to increase access to higher education especially for those people that could not afford it. The committee is meeting with Meds as the product committee, the CBN, the Minister of Finance, Education, Budget Office and our last meeting was on the 13th of July and what we agreed was for the technical group to keep working and what they were to start working on is we've agreed on some basic things that are going to change but beyond what will change in the act our focus is on the implementation on and the technical committee has gone ahead and they've done some work in looking at the most effective way to make sure that these funds reach the people that are intended to reach. Federal lawmakers were not convinced that the technical committee is conscious of the hardship at the concerns of Nigerians who are growing under the present harsh economic conditions for both the permanent secretary and the Minister of Education and members of the presidential technical committee they have been significant progress in the grafting of a legal framework that will guide the implementation of the Students Loan Act. These should be a program different from others. It will be nimble looking at the biography that we're looking at that is the student populace, the technology savvy and that is why we are proposing that this office created by this act will be run on autopilot technologically driven you know application from beginning to disbursement will actually be from the push-up button nobody was going to be carrying paper around and what did we identify on our work amendment like I've said already then the establishment of the Nigerian Education Loan Fund itself you know the setting up of the committee itself as said in the in the bill but that is not for the committee to do it is for the authority directly appoint persons didn't fit then we should work. The bill has been ascended to for I think two months now out there about the technical committee is still working which means assistance because you've mentioned some issues to be really reworked on on the bill which means the program cannot take off until the act is repealed or it has to be amended it can work so the assent of the president on the bill itself is more or less as if nothing has been done that is what we believe and like rightly said the outcry of students and parents and based on these universities are jacking up their coming we request to increase your salary but like you said you see when you justify why school should increase salaries I mean school fees these are federal institutions. Hello hope you enjoyed the news please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates