Babu Owino Issues Stern Warning Over Delayed Disbursement Of HELB Loan As He Vows To Do This Instead

Babu Owino, a member of parliament for Embakasi East, has called on the National Treasury to release student borrowers' HELB loans quickly.

Owino estimated that 327,000 university students require financial aid to continue their study.

"HELB needs to act quickly and give aid to its 327,000 members. Education's goal is to replace a closed mentality with an open one, "said Owino.

Should they continue to deny fellow comrades this basic freedom, Owino continued, "We will soon stop SINGING and start SWINGING."

This follows President William Ruto's remarks about plans to eliminate the HELB loan and combine the three financial organizations for higher education.

The MP had pleaded with President Ruto to reconsider his decision to axe Helb.

University students, according to Owino, depended on financial support to study. He also noted that they needed an education to improve their future.

"Helb wachana nayo Kabisa, Ruto. (Never approach Helb.) Comrades are in poverty, and only education can keep them out of it "said he.

"Because we live in a time of transition and difficulty, a decade of optimism and dread, and a time when both knowledge and ignorance are prevalent. The more we learn, the more our stupidity becomes apparent "stated Owino.

The National Skill and Funding Council, which combines the Helb, TVET, and University Funding Board, will be established, according to Ruto.

He continued by saying that the action will close the up to 45% budget gap now present in higher education.

According to Ruto, this strategy will increase the amount of financing for the HELB from Sh11 billion to Sh22 billion and even get rid of interest on the loan.

"HELB MUST move with speed and send money to the 327000 comrades.The purpose of Education is to replace an empty mind with an open one.We will soon stop SINGING and start SWINGING should they continue denying comrades this inherent right." @official_helb_page @KeTreasury pic.twitter.com/hTGs5du8wX— Babu Owino (@HEBabuOwino) January 6, 2023

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