The Nigerian Education Loan Fund (NELFUND) has denied claims of mismanagement in disbursing student loan funds. They development comes after the Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it was investigating alleged corruption in the disbursement of the funds. In a statement by the fund’s Director of Strategic Communications, Oseyemi Oluwatuyi, NELFund…
The Academic Staff Union of Universities (ASUU) has appealed to the Federal Government not to systemically phase out the Tertiary Education Trust Fund (TETFund) which has “transformed” tertiary educational institutions in Nigeria in the last three decades. ASUU has cautioned that undermining TETFund’s funding to support the Nigerian Education Loan Fund (NELFUND) would cripple public…
President Bola Tinubu’s premier initiative in the field of education is the rollout of the student loan program. The Nigeria Education Loan Fund has stated that students from the following 22 state-owned tertiary schools can now apply for loans on its portal: nelf.gov.ng. This information was shared via @NELFUND on X. This came after the…
In a single day, 9,687 students applied for school loans from the Nigeria Education Loan Fund (NELFUND). The number is the largest since the NELFUND started its application process on May 25 for prospective students to apply for stipends and tuition. This was announced in a statement released by Oseyemi Oluwatuyi, Director of Corporate Communications at NELFUND, yesterday….
According to information on the NELFUND website on Monday, 137 universities nationwide have now partnered with the Nigerian Education Loan Fund. However, the data disclosed neither the identities of the participating institutions nor their status as state- or federal-controlled entities. It simply stated in its data insight section, that 137 collaborating with esteemed institutions.” In…
