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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Federal Government Declares Commencement Of Student Loan
The Federal Ministry of Education has announced that the implementation of the Students Loans scheme is scheduled to commence during the 2023/2024 academic session. This disclosure was made by David Adejo, the Permanent Secretary of the ministry, during a meeting with the House of Representatives Committee on Students Loans. Adejo …
Read More »Student Loan: House Of Reps Propose 3% Increase To Meet Demand
The House of Representatives Ad-hoc Committee on Students Loan Fund and Access to Higher Education has said it is working to propose an increase of 3% as against an initial 1% for students loan from revenue generated annually as recently announced by President Bola Ahmed Tinubu. The Chairman of the …
Read More »STUDENTS LOAN SCHEME: Fears, Flaws As Tinubu Signs Bill
Just last week, President Bola Tinubu signed the Access to Higher Education Act, 2023, also known as the Students Loan Act, a law providing interest-free education loans for Nigerians seeking tertiary education. There are indications, however, that the newly signed act might not get the support of key stakeholders in …
Read More »Students Loan Set To Commence September/October — Tinubu
The federal government, Wednesday, said it had begun putting all necessary measures in place to ensure students loan begin between September and October 2023. The Permanent Secretary, Federal Ministry of Education, Andrew David Adejo, who revealed this while speaking to newsmen in Abuja, said already, President Bola Tinubu has approved …
Read More »BREAKING: Tinubu Signs Student Loans Bill Into law
President Bola Tinubu has signed the Students Loan Bill into law. The President’s media team led by Mr Dele Alake, a member of the Presidential Strategic Team, announced this to reporters in Abuja. According to Alake, who was accompanied by other members of the media team, including Tunde Rahman and …
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