Student loan: NEF spokesman Baba-Ahmed cautions Tinubu over scheme


The spokesman of the Northern Elders Forum, Dr. Hakeem Baba-Ahmed has warned that the proposed education loan scheme of the federal government would discourage more Nigerians from accessing university education.

As a result, Baba-Ahmed advised that “the Tinubu government should be very careful about its reforms in the education sector,” stressing, “I think that the education loan scheme policy needs to be looked at very carefully.”

The NEF spokesman also urged President Bola Tinubu to evaluate the policy, as he noted that it would have an “enormous impact” especially on the North.

Baba-Ahmed said this in an exclusive interview with newsmen.

He stressed that the north is “very worried about the Tinubu-led government’s policy on the education loan scheme, as we fear it is going to radically increase the cost of university education, and lead a large number of students from the Northern parts of the country out of school.”

Continuing, he asserted, “That is the simple, honest truth. I am hoping that, first, the policy will be studied thoroughly in the context of how people live now. Where are we going to get these loans from? The banks that would disburse the student loans – how much authority and power are you going to devolve to them, or are you going to leave them to go and charge what they want?

“Or are you going to provide the parameters? Have we looked at the possibility that students might take loans and not be able to pay for them, three, four, or five years after graduation? Have you created enough employment opportunities?

“But above all, if you raise the entire fees, yesterday I saw an advert of something supposedly from BUK in Kano, which is one of the largest universities, and I saw that they are now going to be charged for various services the university renders.

“I say this is unbelievable. I know for a fact that if it is true, then a large number of students would not be able to cope.

“We are behind now, as it is in the North. If you now introduce policies where the removal of subsidies is already making life difficult for poor people, electricity tariffs are going to go up, now our children can’t go to school, you must worry about the cumulative effect of these policies,” he added.

The Northern elder insisted, “Policies after policies are just making life more difficult, and people have a short patience threshold. If they don’t see a difference between the pre-Tinubu government and the Tinubu administration, they will walk away from this administration.”

The NEF leader further noted that “The last thing President Tinubu needs is Nigerians saying this man just came to make our lives difficult. In simple terms, that is basically where it boils down.

“Now, if their lives are going to be made difficult, at least find ways of explaining to them. I am very sorry- your leg is broken, if it has to be fixed, it will pain you. But we can fix it. The government’s communication strategy has to be perfect, and the way you design your policies and their impacts – don’t create too many burdens and place them on the citizenry,” he remarked.

He also maintained that the government must address poverty, as well as prioritise the inclusion of the different parts of the country in governance, noting that this will give every group a stake in Nigeria.

“Addressing poverty is a very serious problem, finding ways to improve inclusion – the elections have polarised the country very dangerously, and anybody who does not tell you that we are in a very terrible situation because our elections tend to polarise the nation more and more,” Baba-Ahmed pointed out, adding, “So, inclusiveness should be prioritised. The administration must find a way to make all parts of the country have a stake in the government, just as this new government must by all means, inject fresh and new ideas in the management of the economy. The administration should pay very close attention to the impact of the liberal economic policies.

“Poverty levels are very high, and sometimes we tend to think that ideas alone can solve problems, no! You need to pay very close attention to the state in which people live.

“Not all people are beneficiaries of liberal economies. The poor are already really under a lot of poverty. Insecurity has compounded it. The last thing you want to do is to create a hostile citizenry.