EDO state deputy governor, Rt. Hon Dennis Idahosa, has eulogised President Bola Ahmed Tinubu over his initiative of the Nigerian Education Loan Fund (NELFUND), which he said opened vista of opportunities for the youths to pursue higher education irrespective of their background. Idahosa who described the policy as noble, said …
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Delayed NELFUND Disbursement: UNICAL To Reimburse Students
THE University of Calabar (UniCal), says beneficiaries of the Nigerian Education Loan Fund (NELFUND), for 2023/2024 session, who could not access the fund, will be given concession in the new session. This is contained in a statement on Tuesday in Calabar, by Prof. Tony Eyang, Deputy Vice Chancellor (Academic) of …
Read More »FG allocates N175.13 million to NELFUND in 2025 budget
THE Federal Government in the proposed N49.74 trillion 2025 budget has allocated approximately N175.13 million to the Nigerian Education Loan Fund (NELFUND). The Nigerian Education Loan Fund (NELFUND), a pivotal financial institution under the federal agency, was established to provide loans to eligible Nigerian students for higher education, under the …
Read More »3,100 ATBU Students Get NELFUND Loans
NO fewer than 3,100 indigent students of the Abubakar Tafawa Balewa University (ATBU), Bauchi, have benefited from the Federal Government’s students loan scheme. Fahad Abdullahi, President, Students Union Government, ATBU, said this in an interview with the News Agency of Nigeria (NAN), in Bauchi on Tuesday. Troops Neutralise 8 Alleged …
Read More »Why we Have Not Paid August Stipends — NELFUND
THE Nigerian Education Loan Fund, NELFUND, has called on applicants to exercise patience and understanding over delay in paying their August stipends. NELFUND’S Director of Corporate Communications, Oseyemi Oluwatuyi, disclosed this on Thursday in a statement. Unlike clear evidence in disbursement of tuitions to applicants in over 50 tertiary institutions …
Read More »NELFUND Receives Another N2m Refund From Former Beneficiary
THE Nigerian Education Loan Fund (NELFUND) has announced the receipt of two million Naira, through a bank draft, given by Adegboyega Awomolo, a former beneficiary of student loan. This is contained in a statement by Monalisa Dike, from the Corporate Communications Department of the fund on Friday in Abuja. Dike …
Read More »NELFUND: Kemi Olokode-Ayelabola Commends Tinubu, Tasks Parents On Moral Upbringing
A behavioral, development and child/young persons care professional, Kemi Olokode-Ayelabola has applauded President Bola Ahmed Tinubu on his initiative regarding the Nigerian Education Loan Fund (NELFUND), describing it as an initiative capable of giving hope to indigent demography in Nigeria. Kemi, who is the Chairperson and Convener of Asiwaju …
Read More »NELFUND Disburses July Upkeep Stipends to 20,371 Students
The Management of the Nigerian Education Loan Fund (NELFUND) has announced the successful disbursement of monthly stipends for the month of July to 20,371 students from six tertiary institutions. This is contained in a statement made available to newsmen in Abuja on Monday by the Fund’s Director Finance and Accounts, …
Read More »Why I Removed Fuel Subsidy – Tinubu
PRESIDENT Bola Tinubu says the Federal Government decided to remove fuel subsidy and abolish multiple foreign exchange rates to grow the economy for national development. The president said this while addressing the nation in a broadcast on Sunday on the ongoing nationwide protest. He said that the Nigerian economy had …
Read More »NELFUND Board Meets, Approves Loans To Successful Applicants
The Nigerian Education Loan Fund, NELFUND, has held the inaugural meeting of its board in Abuja, granting approval for disbursement of student loans to successful applicants.This was announced in a press release signed by the Agency’s Head, Media and Public Relations, Nasir Ayitogo, on Wednesday. The meeting, NELFUND Spokesman …
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