Over 500,000 Nigerian students have applied for student loans through the Nigeria Education Loan Fund (NELFUND) portal in its first year of operation.
NELFUND said the milestone was achieved within just 11 months of operations, noting that this underscores the critical need for accessible student financing in Nigeria and highlights the widespread trust in NELFUND’s mission to democratise access to tertiary education.
“This is more than just a number, it’s a signal of hope for families across Nigeria. We are witnessing a nationwide demand for opportunity, and NELFUND is proud to be at the heart of this transformation,” the Managing Director/CEO of NELFUND, Akintunde Sawyerr, said in a statement on Friday, April 25, 2025.
Lagos govt spends N1.5bn on 2025 WASSCE for 56,134 students
Sawyerr noted that since the launch of the portal, students across the country have actively engaged with the application process for both institutional and upkeep loans.
He added that NELFUND remains committed to ensuring transparency, accessibility, and efficiency as the process continues, just as he called on all stakeholders to join in supporting the vision of equitable education for Nigerians.
By GARBA SHEHU There are good reasons why Leno Adesanya and his company, Sunrise Power…
A 400-level student of Ibrahim Badamasi Babangida University, Lapai (IBBUL) in Niger State, Isma’il Ishaq…
The by-election for the Dawakin Kudu State Constituency in Kano State recorded low voter turnout…
The Anambra State Ministry of Justice is reviewing about 180 criminal cases arising from land…
Bandits who kidnapped six Islamic clerics in Zamfara State have demanded N30 million for their…
Former House of Representatives Minority Leader, Farouq Aliyu, has alleged that he was offered N250…
This website uses cookies.