President Bola Tinubu has directed that all legally cleared and unencumbered funds recovered by the Economic and Financial Crimes Commission (EFCC) be channelled to the Nigerian Education Loan Fund (NELFUND). This is contained in a statement issued on Monday in Abuja by Mr Ikharo Attah, Special Adviser to the Minister …
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UNN Convocation: Tinubu restates administration’s commitment to education
President Bola Tinubu has reiterated his administration’s commitment to always invest in education in order to improve access to quality education in Nigeria. Tinubu said this in Nsukka on Saturday during the 55th University of Nigeria Nsukka (UNN) Convocation for the conferment of postgraduate diplomas, higher degrees, title of professor …
Read More »NELFUND debunks fake upkeep suspension notice
The Nigerian Education Loan Fund (NELFUND) has dismissed as fake a social media document claiming that upkeep allowances under the Federal Government’s Student Loan Scheme for the 2025/2026 academic session were suspended. The Fund said the document, dated July 10 and attributed to its Director of Strategic Communications, Mrs Oseyemi …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »FG disburses Education Loans to over 8,900 Students in North-West – Minister
NO fewer than 8,971 students of federal universities in the North-West zone have benefitted from the Federal Government’s Nigerian Education Loan Fund (NELFUND). The News Agency of Nigeria (NAN) reports that the scheme was introduced to expand access to higher education and reduce the financial burden on students from low …
Read More »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, …
Read More »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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