NELFUND

Nigeria Showcases NELFUND at UN

Delivering Nigeria’s national statement, Amb. Bola Asaju identified NELFUND as part of the government’s efforts to remove financial barriers preventing eligible students from pursuing tertiary education.

From Taxi Driver To President: Tinubu Recalls US Struggles, Defends ₦372bn Student Loan Scheme

President Bola Tinubu has recalled how he worked as a taxi driver and took up different jobs in the United States to finance his university education, using his personal experience of financial hardship to defend his administration's education reforms, including the provision of more than ₦372 billion in student loans.

OPINION: Why is Atiku Playing Politics with Subsidy and NELFUND?

The former Vice President has pledged to restore fuel subsidy if elected. Atiku argued that the removal of the petrol subsidy by the current administration pushed millions of Nigerians into severe poverty and hardship.

Student Loan Scheme: Tinubu Directs EFCC-Recovered Funds, Unclaimed Dividends, Dormant Account Deposits to NELFUND

President Bola Tinubu has directed that liquid funds recovered by the Economic and Financial Crimes Commission (EFCC) be transferred to the Nigerian Education Loan Fund (NELFUND). The Federal Executive Council (FEC) has also approved the transfer of unclaimed...

Tinubu Hails NELFUND As Student Loan Disbursement Tops ₦303bn, 1.64m Nigerians Benefit

President Bola Tinubu commends NELFUND for successfully implementing the Federal Government's Student Loan Scheme, describing it as a game-changer in expanding access to higher education. The Fund announces that more than ₦303 billion in interest-free loans has been...

NELFUND Vows Action Against Schools Withholding Student Loan Refunds, Condemns Arbitrary Tuition Hikes

June 29 (THEWILL) — The Nigerian Education Loan Fund (NELFUND) has vowed to take action against tertiary institutions withholding tuition fee refunds due to students under the Federal Government's Student Loan Scheme, while condemning arbitrary increases in tuition and...

Over 1.5 Million Students Benefit as NELFUND Disburses ₦282bn Education Loans Nationwide

June 13, (THEWILL) — TThe Nigerian Education Loan Fund (NELFUND) has announced that no fewer than 1.5 million students across 288 tertiary institutions in Nigeria have benefited from its student loan scheme, with more than ₦282 billion disbursed so...

No Suspension of Student Loan, Upkeep Payments — Nelfund Dismisses Viral Fake Reports

May 29 (THEWILL) — The Nigerian Education Loan Fund (NELFUND)) has debunked viral reports circulating across social media platforms alleging that the Federal Government has suspended the payment of student loans and upkeep allowances under the national student loan...

NELFUND Loan Scheme Records Major Milestone With ₦161.97bn Disbursement, Records 1.36m Applications

January 13, (THEWILL) — The Nigerian Education Loan Fund (NELFUND) has recorded a major milestone in its student loan programme, disbursing ₦161.97 billion to 864,798 students nationwide, with over 1.36 million applications received since the launch of its student...

NELFUND’s Public Dashboard Offers Blueprint for Government Accountability, Transparency

December 14, (THEWILL) — In a nation where public confidence in government institutions has reached worrying lows, an unexpected source of hope has emerged from within the federal bureaucracy itself. The Nigerian Education Loan Fund, established under the Students...
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‘Ramaphosa Had No Role’ – South Africa Accuses Fani-Kayode of Wrongly Linking President to Broadcast Blackout

South African Presidential Spokesperson, Vincent Magwenya, said Ramaphosa had no involvement in the broadcast disruption, insisting that the incident was an operational matter and not a deliberate attempt to silence Nigeria.
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