NELFUND Disburses N93bn to 92,000 Students: Mixed Reactions on Job Prospects

NELFUND disburses N93bn to 92,000 Nigerian students, easing financial burdens for higher education. The initiative receives mixed reactions, with some students praising the program while others raise concerns about job prospects and repayment terms.

NELFUND's Daily Status Report reveals over 800,000 students registered on the loan portal, with a high success rate in loan applications. The fund, established in 2024 under President Bola Ahmed Tinubu, aims to provide accessible loans for higher education, addressing financial barriers for students across the country.