The university lecturers in Nigeria and the Academic Staff Union of Universities, ASUU, have opposed the proposed introduction of education loans, alleging that these loans have been both a colossal failure in Nigeria as well as in other countries where they were implemented.
The union then expressed concern that those who support the policy were eager to impose it on Nigerians when they have done more to keep Nigerians in poverty through blatant incompetence in managing the country’s economic fortunes.
This statement had been signed and released by the union’s president, President Emmanuel Osodeke at the union’s National Executive Council, NEC meeting, held at the University of Calabar.
The lecturers had additionally, appealed to well-meaning Nigerians to pressure the federal government into releasing the members’ withheld 8-month salaries, adding that the pro-rata payment of salaries to some of its members in October 2022 was a casualization.
