The Nigerian Education Loan Fund (NELFUND) has addressed concerns about the absence of South-East students from the federal government’s student loan programme. On Friday, NELFUND revealed that it had allocated nearly ₦2.95 billion to 27,667 students across 19 universities. However, none of the federal universities in the South-East were included in this distribution. This omission
EFCC donates N50bn to the Federal Government
The Economic and Financial Crimes Commission(EFCC) has released N50bn to support the Nigerian Education Loan Fund. This was disclosed by the anti-graft agency on August 13, 2024, when the Fund’s Managing Director and Chief Executive Officer, Mr. Akintunde Sawyerr, led his management team on a courtesy visit to the EFCC headquarters in Abuja .
Tinubu’s Government Postpones Student’s Loan scheme indefinitely
The Federal Government has postponed the launch of the Nigerian Students Loan Scheme indefinitely. Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), stated this in an interview with ARISE NEWS, which was monitored by BusinessDay. The loan which was formally slated to take off on Thursday, has been postponed again, as
The Super story surrounding Tinubu’s Student Loan
Disappointment has continued among students and parents over the delayed launch of the student loan scheme, despite assurance from the federal government that it will commence disbursement of the education loans in January 2024. The student loan, which was anticipated as a new chapter in accessible education by indigent students, has been overshadowed by persistent
Budgetary Magic – The More you look, the less you see
Abubakar Bichi, chairman of the house of representatives committee on appropriations, says the budget for presidential yacht has been transferred to student loan. Using The Almighty formula… The 5B naira yacht ⛵ has been transferred to the student loan via the window making it N10B….. “oya clap for the elders”. One thing BUHARI enjoyed was