NELFUND Receives 1 Million Student Loan Applications, Disburses N116bn

2 Nov 20251 min read

The Nigerian Education Loan Fund (NELFUND) has announced that it has received over 1 million student loan applications through its official portal. The Director of Strategy and Communication, Oseyemi Oluwatuyi, highlighted the success of the program since its launch in May 2024, with N116 billion disbursed to students across various educational institutions in Nigeria.

The management credits the impact to President Bola Tinubu's policies, aiming to provide access to higher education for millions of Nigerians, breaking financial barriers.

Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.

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