Sanwo-Olu assures LASU students of access to FG loan

The Governor of Lagos State, Mr Babajide Sanwo-Olu, has said the state would work to ensure that students in the Lagos State University, Ojo, fully benefit from the Federal Government’s student loan being administered by the Nigerian Education Loan Fund.

Speaking on Thursday at the 27th Convocation of LASU, Sanwo-Olu explained that under his administration, the Lagos State Government was committed to empowering students in state-owned tertiary institutions to unlock their full potential.

“We aim to foster a generation of innovative thinkers, problem-solvers, and great leaders, who will drive sustainable development in Lagos State and beyond.

“We will also, as the Lagos State Government, work with the Nigerian Education Loan Fund to ensure that the new national student loan programme opens up to students of state-owned educational institutions in Nigeria, as promised, and without delay. We will ensure that students of the Lagos State University fully benefit from this laudable policy.”

He added that society had a responsibility to send a strong message out that academic excellence must never be underestimated or taken for granted.

“Our young people must see reason to hunger for it with the same energy and enthusiasm reserved these days for artistic and sporting success,” he said.

Sanwo-Olu congratulated the best-graduating student for the 2022/2023 session, Olaniyi Mubaraq Olawale, of the Accounting Education Department, with a CGPA of 4.98.

He said, “Congratulations to you, Olaniyi. This is a moment of great pride, not just for you, but for all of us.  To celebrate and honour you, I am announcing a cash gift of N10m in recognition and honour of your outstanding feat. I believe that someone out there is working very hard to be the next Olaniyi Olawale, and I want to encourage you, wherever you might be now, to keep your eyes on that goal, and make us all, as well as yourself, very proud.”

In her convocation speech, LASU Vice-Chancellor,  Prof. Ibiyemi Olatunji-Bello, said, “Today’s ceremony marks the concluding event of the 27th Convocation and a symbolic moment of fulfillment and pride for 89 Doctors of Philosophy and 66 professional doctoral degrees graduands, who have demonstrated exemplary character and academic prowess to earn the highest degree of our esteemed university.”