60,000+ Nigerian student loan applications received by NELFUND within a week, 30,000 processed.

Nigerian Education Loan Fund (NELFUND) received over 60,000 applications for student loans in one week, with 30,000 students successfully completing the process. 90% of federal institutions have submitted student data, and the fund aims to open the portal to state-owned tertiary institutions in three weeks. The student loan scheme, part of President Bola Tinubu's campaign promises, enables indigent students to access interest-free loans for their education in any Nigerian tertiary institution.