…and strengthen enterprise. On education, the Senate President highlighted the Nigerian Education Loan Fund as an intervention aimed at ensuring that financial circumstances did not determine the future of young Nigerians. “Through the Nigerian Education Loan Fund, eligible students can access interest-free financing fo…
…to ameliorate the sufferings of our people,” Shettima said. He also highlighted the Nigerian Education Loan Fund (NELFUND) as a “masterstroke” to assist students of limited means. “The president has empathy, a lot of empathy for the common man. The NELFUND is a masterstroke aimed at assisting students of limited means…
…ensure that assistance reached people who genuinely needed it. He also highlighted the Nigerian Education Loan Fund, saying it was helping children from low-income families pursue higher education despite their parents’ inability to afford the fees. Tinubu further cited the Consumer Credit Corporation, CREDICORP, as pa…
…Register to ensure that assistance reached those who needed it. He also highlighted the Nigerian Education Loan Fund, saying it was designed to ensure that students from low-income families could pursue higher education despite financial constraints. Tinubu further cited the Consumer Credit Corporation (CREDICORP), say…
…Register to ensure assistance reached those who genuinely needed it. He also cited the Nigerian Education Loan Fund as an initiative to help children from low-income families access higher education. The President said the Consumer Credit Corporation was providing working Nigerians access to credit to acquire vehicles,…
The Nigerian Education Loan Fund (NELFUND) has disbursed over ₦1.08 billion to support the education of 5,381 student nurses and midwives across 21 federal and state institutions nationwide. The intervention, according to the Fund, has recorded a significant increase over three academic sessions, with funding rising fr…
…National Association of Nigerian Students (NANS) Zone C has condemned the withholding of Nigerian Education Loan Fund (NELFUND) refunds by some tertiary institutions in the North-Central region, warning that affected students should not be made to suffer after their fees have already been settled through the student lo…
…improve the lives of citizens instead of promising to restore the subsidy. He cited the Nigerian Education Loan Fund as one of the intervention programmes that had benefited many students since the removal of fuel subsidy. Akinteye also noted that provisions for fuel subsidy payments had already been discontinued in th…
…of Nigeria.” He also cited the Ajaokuta-Kaduna-Kano gas pipeline (AKK Project), the Nigerian Education Loan Fund (NELFUND), technical and vocational training schemes, and the CREDICORP credit initiative as investments meant to “translate macroeconomic stability into microeconomic prosperity.” Yilwatda asked Nigerians t…
…August 2024, the Federal Government directed that N50 billion each be allocated to the Nigerian Education Loan Fund, NELFUND, and the Nigerian Consumer Credit Corporation from EFCC recoveries. A further N50 billion each for NELFUND and the Credit Corporation was approved in 2026. The EFCC boss also cited the conversion…
…the Lagos-Calabar Coastal Road, rail and airport infrastructure investments, and the Nigerian Education Loan Fund (NELFUND) among the administration’s achievements. He also commended efforts to stabilise the foreign exchange market, saying greater predictability would help businesses plan, while stronger foreign exchan…
…developments, worker welfare adjustments, educational access programs like the Nigerian Education Loan Fund (NELFUND), and agricultural inputs tailored for regional farmers. “This gathering serves to take the message of progress and continuity directly to the grassroots,” Onunkwo noted, highlighting the establishment o…
…Oyedele said the government had also expanded access to student loans through the Nigerian Education Loan Fund (NELFUND), while supporting affordable consumer and small and medium enterprise (SME) credit. Other interventions, he said, included subsidised mortgage and housing schemes, as well as social transfers targete…
…stability, increased foreign reserves, local government autonomy, police reforms, the Nigerian Education Loan Fund (NELFUND), tax reforms, and extensive road infrastructure projects across the country and the Federal Capital Territory. “While these reforms have come with short-term challenges, we believe they are diffi…
The Managing Director, Nigerian Education Loan Fund, Dr Akintunde Sawyerr, has urged tertiary students from across the North Central geo-political zone of the country to key into the Fund's N303 billion in disbursements to higher institutions to support their education. He said the funds were approved by President Bola…
…across the country. He added that over 1.64 million students had benefited from the Nigerian Education Loan Fund, with more than ₦303bn disbursed to support access to tertiary education. On Atiku’s claim of an alleged N7.98tn oil windfall, Onanuga described the assertion as unfounded. “There is no such windfall of N7…
…take effect from May 1, 2026.He also questioned the government's account of how the Nigerian Education Loan Fund (NELFUND) is financed. "The Chief Executive Officer of NELFUND publicly stated that the scheme received a ₦50 billion injection from recovered funds by the Economic and Financial Crimes Commission (EFCC). If…
…Bola Tinubu’s administration, including the 3 Million Technical Talent programme, the Nigerian Education Loan Fund, vocational training initiatives and expanded digital birth registration. According to him, about 30,000 youths have been certified under the first phase of the 3MTT programme, while over 150,000 trainees…
…has advised students from the South-East geopolitical zone to take advantage of the Nigerian Education Loan Fund (NELFUND), describing it as real, functional, and accessible. Ngoforo gave the advice over the weekend when he received a delegation of students’ union leaders from tertiary institutions in the South-East sh…
…as the foundation for sustainable economic growth. The minister also reiterated that the Nigerian Education Loan Fund was designed to remain financially sustainable beyond the current administration. “There is no value in introducing policies that cannot stand the test of time. Sustainability is central to this adminis…
…at the center of that transformation,” he stated. Alausa also assured Nigerians that the Nigerian Education Loan Fund (NELFUND) has been structured to outlive the current administration, saying sustainability was deliberately built into the scheme to guarantee access to higher education for future generations. He discl…
The Nigerian Educational Research and Development Council has reduced the cost of textbook assessment and ranking and directed that publishers who paid the previous, higher assessment fees be refunded, in a move aimed at easing the financial burden on stakeholders ahead of the implementation of the Federal Government’s…
…past NANS leadership for exposing institutions allegedly diverting funds from the Nigerian Education Loan Fund meant for students, describing the action as an example of responsible student leadership. The Minister of Education, Dr Tunji Alausa, represented by the Director of Polytechnic and Allied Institutions at the…
…with a clear policy roadmap aimed at addressing the fundamental issues confronting the Nigerian education sector, including administrative bottlenecks, campus security concerns and the protection of student welfare. “Moving away from archaic methods of confrontational activism, the new leadership is firmly committed to…
…of the pegged exchange rates and floating of the naira, the introduction of the Nigerian Education Loan Fund (NELFUND), the push for local government financial autonomy, the tax reform and, latterly, the commencement of the legislative processes for the creation of state police. In truth, considering the above list, at…