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Tag Archives: NELFUND

NELFUND Extends Student Loan Programme for Some Institutions

The Nigerian Education Loan Fund (NELFUND) has approved an extension of its student loan programme for institutions that have formally requested additional time for the 2025/2026 academic session. The Fund’s Director of Strategic Communications, Mrs Oseyemi Oluwatuyi, announced this in a statement on Thursday. Oluwatuyi said the extension applies strictly …

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Why Tinubu introduced NELFUND – Minister

THE Minister of Information and National Orientation, Alhaji Muhammed Idris, says introduction of the Nigerian Educational Loan Fund (NELFUND) is to ensure that no Nigerian child is denied access to quality higher education. Idris, stated this on Monday in Ibadan at a Town Hall meeting organised by the Ministry to …

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NELFUND: Tinubu approves N90bn to 400,000 students’ school fees, upkeep

The Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu has committed over N90 billion to school fees and upkeep of 400, 000 students across the nation’s tertiary institutions. He said the President made the commitment via Nigerian Education Loan Fund (NELFUND) initiative. Idris disclosed this …

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NELFUND clarifies upkeep loan disbursement, application process

The Nigerian Education Loan Fund (NELFUND) has addressed public concerns following its recent communication on upkeep loan disbursement. In a statement on Thursday in Abuja, the Fund’s Director of Strategic Communications, Oseyemi Oluwatuyi, explained that the decision to align upkeep disbursements strictly with academic sessions was based on two key …

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Olukoyede to Reps:  Let’s Make NELFUND a Model

THE Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has tasked the House of Representatives to join hands with the EFCC to make the Nigerian Education Loan Fund, NELFund a model that works. He gave the charge on Tuesday, July 29, 2025 when Members of the House of Representatives Committee on Students Loans, …

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NELFUND resumes upkeep disbursements to students

The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of upkeep to students that have updated their bank accounts from digital wallet platforms to commercial banks. This is contained in a statement in Abuja on Friday by the Director, Strategic Communications of the Fund, Mrs Oseyemi Oluwatuyi. According to …

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Beware of fake loan portal, NELFUND alerts students

THE Nigerian Education Loan Fund (NELFUND) has warned students to be cautious of a fake portal with fraudulent messages currently circulating online. This is contained in a statement in Abuja on Monday by the fund’s Director of  Strategic Communications, Mrs Oseyemi Oluwatuyi. Oluwatuyi said the information contained in the online …

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Democracy: TETFUND, NELFUND Revolutionising Education Sector – LASUED VC

The Tertiary Education Trust Fund (TETFUND) and the Nigeria Education Loan Fund (NELFUND) are revolutionising Nigeria’s education sector, according to Prof.  Bidemi Lafiaji-Okunneye, Vice-Chancellor of the Lagos State University of Education (LASUED), Oto-Ijanikin. Speaking to the News Agency of Nigeria (NAN) on Sunday, she lauded their impact under President Bola …

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NELFUND: Anglican Bishop Wants direct Disbursements to Beneficiaries

The Rt. Rev. Babatunde Adeyemi, Bishop, Diocese of Anglican Communion, Cathedral Church of St. Thomas, Badagry, Lagos State, says disbursements of the students’ loan scheme under the Nigeria Education Loan Fund (NELFUND) should be made directly to beneficiaries. This, he said, would ensure transparency and accountability of the scheme. Adeyemi …

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