July 31, (THEWILL) – The Nigerian Education Loan Fund (NELFUND) has disbursed over N1 billion naira to clear 100 per cent of the tuition fees of 20,000 students from across five tertiary institutions in the country.
Managing Director/Chief Executive Officer of NELFUND, Akintunde Sawyerr, who disclosed this in Abuja on Wednesday, said a total of N172,388,340 billion has thus far been disbursed for the 20,000 students.
Sawyerr added that N850 million would be disbursed before the end of Wednesday to about 100 tertiary institutions for successful beneficiaries.
According to him, the disbursements would help beneficiaries to focus more on their academics rather than bother themselves with the burden of offsetting their fees.
He also disclosed the commencement of the skills acquisition and vocational training programme between the end of August to early September.
