Reasons the Academic Staff Union of Universities, ASUU, is against the Nigeria Student Loan Bill centres on the imminent and unavoidable disaster it would pan out to become.
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SERAP Nigeria has kicked against the country, seeking another set of loans ranging from four billion dollars to seven hundred and ten million euros.
In 2015, President Muhammadu Buhari requested and received a loan of N9.7 trillion from the Central Bank of Nigeria, CBN, of which the details of the spendings are unknown to the public.
The Nigerian government has secured $1.5 billion loans from the World Bank to strengthen the nation’s economy. According to the…