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Tag Archives: NELFUND

FG allocates N175.13 million to NELFUND in 2025 budget

THE Federal Government in the proposed N49.74 trillion 2025 budget has allocated approximately N175.13 million to the Nigerian Education Loan Fund (NELFUND). The Nigerian Education Loan Fund (NELFUND), a pivotal financial institution under the federal agency, was established to provide loans to eligible Nigerian students for higher education, under the …

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3,100 ATBU Students Get NELFUND Loans

NO fewer than 3,100 indigent students of the Abubakar Tafawa Balewa University (ATBU), Bauchi, have benefited from the Federal Government’s students loan scheme. Fahad Abdullahi, President, Students Union Government, ATBU, said this in an interview with the News Agency of Nigeria (NAN), in Bauchi on Tuesday. https://newsextra24.com/troops-neutralise-8-alleged-ipob-esn-members/ He said that …

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Why we Have Not Paid August Stipends — NELFUND

THE Nigerian Education Loan Fund, NELFUND, has called on applicants to exercise patience and understanding over delay in paying their August stipends. NELFUND’S Director of Corporate Communications, Oseyemi Oluwatuyi, disclosed this on Thursday in a statement. Unlike clear evidence in disbursement of tuitions to applicants in over 50 tertiary institutions …

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NELFUND Receives Another N2m Refund From Former Beneficiary

THE Nigerian Education Loan Fund (NELFUND) has announced the receipt of two million Naira, through a bank draft, given by Adegboyega Awomolo, a former beneficiary of student loan. This is contained in a statement by Monalisa Dike, from the Corporate Communications Department of the fund on Friday in Abuja. Dike …

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NELFUND Disburses July Upkeep Stipends to 20,371 Students

The Management of the Nigerian Education Loan Fund (NELFUND) has announced the successful disbursement of monthly stipends for the month of July to 20,371 students from six tertiary institutions. This is contained in a statement made available to newsmen in Abuja on Monday by the Fund’s Director Finance and Accounts, …

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Why I Removed Fuel Subsidy – Tinubu

PRESIDENT Bola Tinubu says the Federal Government decided to remove fuel subsidy and abolish multiple foreign exchange rates to grow the economy for national development. The president said this while addressing the nation in a broadcast on Sunday on the ongoing nationwide protest. He said that the Nigerian economy had …

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NELFUND Board Meets, Approves Loans To Successful Applicants

  The Nigerian Education Loan Fund, NELFUND, has held the inaugural meeting of its board in Abuja, granting approval for disbursement of student loans to successful applicants.This was announced in a press release signed by the Agency’s Head, Media and Public Relations, Nasir Ayitogo, on Wednesday. The meeting, NELFUND Spokesman …

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NELFUND Postpones Loan Applications For State Institutions

The Nigerian Education Loan Fund (NELFUND) has postponed the commencement of the loan application process for students in state-owned tertiary institutions in the country. The application window which was supposed to have opened on Tuesday, June 25, would now commence on July 10, 2024, barring any other unforeseen circumstances. The …

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