Nigerian Education Loan Fund receives over 350,000 applications, disburses N10B, and commits to allocating N90B for tuition and stipends.

The Nigerian Education Loan Fund (NELFUND) has received over 350,000 applications and disbursed over N10 billion in loans. Managing Director Akintunde Sawyerr announced a commitment to allocate an additional N90 billion for tuition and stipends, emphasizing the fund's inclusivity for all Nigerians. The initiative, aligned with President Bola Tinubu's agenda, aims to address educational barriers, particularly for girls and students with disabilities, while ensuring accountability through legislative oversight.

October 23, 2024
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