Results for "NELFUND"

Archive collection featuring updates and investigations related to the Nollywood Education Relief Fund.

Nigerian Finance Minister Oyedele has suggested that some students might be receiving NELFUND loans without informing their parents, advising parents on how to check and apply.

The Turkish Zone of the National Association of Nigerian Students (NANS) has urged the Nigerian Senate to extend the National Education Loan Fund (NELFUND) to include Nigerian students studying abroad, citing rising costs and the need for inclusive education financing.

The Nigerian Education Loan Fund (NELFUND) has disbursed N303 billion in student loans, benefiting 850,000 Nigerians, and is encouraging students from the North Central region to apply.

Nigerian President Bola Tinubu held a meeting at the State House with Jim Ovia, founder of Zenith Bank, and Dr. Akintunde Sawyerr, CEO of the Nigerian Education Loan Fund (NELFUND). Details regarding the agenda of the meeting were not immediately disclosed.

According to him, the Chief Executive Officer of NELFUND had publicly stated that the scheme received a ₦50 billion injection from recovered funds by the Economic and Financial Crimes Commission…

The Vice-Chancellor of Michael Okpara University of Agriculture, Umudike (MOUAU), Prof. Ursula Ngozi Akanwa, has directed the immediate refund of school fees to students who later qualified for the Federal Government's Nigerian Education Loan Fund (NELFUND).

A UNILAG student shared his inspiring survival story, revealing how the NELFUND student loan scheme saved him from dropping out of university due to financial difficulties.

The National Association of Nigerian Students (NANS) has released a list of 39 Nigerian institutions that have received tuition payments from NELFUND but have not yet refunded students who had already paid their fees.

Vice President Shettima stated that no government can afford to ignore employers, highlighting their crucial role in the economy. This comes as NELFUND prepares to address unethical practices within universities.

Dozens of Nigerians recruited by NELFUND in 2025 are reportedly stranded, unable to commence their duties 18 months after receiving job offers, highlighting delays in the NELFUND recruitment process.

The National Assembly (NASS) is collaborating with the Nigerian Education Loan Fund (NELFUND) to expand the student loan scheme from 1.6 million to 7 million beneficiaries, aiming to increase access to tertiary education.

Students at Gombe State University are threatening to protest due to delayed refunds of school fees from the NELFUND program, expressing frustration over the unfulfilled promises.

NELFUND, initially a student loan scheme, is now being recognized as a substantial and targeted economic stimulus package, injecting billions into Nigeria's youth economy.

The Nigerian Education Loan Fund (NELFUND) has clarified that the approved monthly upkeep allowance for student beneficiaries remains N20,000, dispelling widespread misinformation that claimed it was N25,000.

Benue State University has been shut down hours after students staged a protest, blocking the main gate and demanding clarity over the handling of NELFUND payments.

The Nigerian Education Loan Fund (NELFUND) has again extended the application deadline for its student loan program for the 2025/2026 academic session. Read More:…

Ignatius Ajuru University of Education (IAUE) has commended NELFUND for disbursing ₦990 million in student loan payments.

Ambrose Alli University (AAU) in Ekpoma, Edo State, has denied allegations that it withheld funds disbursed under the Federal Government’s Nigerian Education Loan Fund (NELFUND) scheme.

A student report indicates that 70% of University of Ibadan students are currently benefiting from the NELFUND student loan program. This highlights the impact and reach of the student loan initiative within Nigerian higher education.

Nigerian President Bola Tinubu has directed that cash recoveries by the EFCC and unclaimed dividends be used to fund student loans, aiming to strengthen the finances of NELFUND.

President Tinubu has redirected funds recovered by the EFCC and N242 billion in unclaimed dividends to the National Education Loan Fund (NELFUND). This move aims to bolster the student loan scheme and provide financial support for students.

The National Association of Nigerian Students (NANS), Turkish Zone, has called on the Senate to expand the Nigeria Education Loan Fund (NELFUND). The request aims to cover eligible Nigerian students pursuing studies in accredited institutions outside the country.

The National Association of Nigerian Students (NANS) has reported that some NELFUND beneficiaries received duplicate June and July upkeep payments due to a NIP glitch. Students are being urged to save the excess funds.

Jim Ovia stated that without NELFUND, many Nigerians would not be able to attend university. He highlighted the program's significant success and benefits for institutions and students nationwide.

The Federal Government of Nigeria is encouraging students to adopt AI, coding, and digital skills for the global knowledge economy, as the NELFUND disburses N282 billion.

Nigerian students are expressing concerns over the delayed disbursement of upkeep allowances provided under the NELFUND scheme, a federal government initiative designed to ease financial burdens on students in public tertiary institutions.

Discussions focus on enhancing NELFUND's efficiency and sustainability to fulfill its promise for Nigerian students through key reforms.

Akintunde Sawyerr, the Managing Director of NELFUND, explained that a directive from the Minister of Education caused the prolonged delay in the resumption of NELFUND employees.

NELFUND is taking measures against tertiary institutions that are withholding student loan refunds and increasing fees, aiming to ensure students receive their due refunds.

A NELFUND official announced that over N206 billion has been disbursed to students and educational institutions in Nigeria over the past two years, aiming to remove financial barriers to higher education.

The Nigerian Education Loan Fund (NELFUND) has confirmed that student upkeep payments are continuing and dismissed false reports claiming the suspension of student allowances. NELFUND reassured students that their payments are ongoing despite misinformation circulating.

Oladepo Caleb, LAUTECH's top graduate, shared his journey from poverty to achieving a first-class degree, attributing his success to the NELFUND loan program.

The Nigerian Education Loan Fund (NELFUND) has reached over one million beneficiaries, with the FG investing N1.1bn to enhance access to higher education. Read More:…

The management of Joseph Sarwuan Tarka University (JOSTUM) has resolved disagreements with students regarding the disbursement of NELFUND, following a protest by approximately 200 students.

Nigerian students are alleging inconsistency in the payment of upkeep allowances from NELFUND, which has disbursed over N206 billion in student loans to more than 1.16 million beneficiaries.

Joseph Sarwuan Tarka University, Makurdi (JoSTUM) has been closed for the Easter break following student protests regarding the alleged non-disbursement of funds from the Nigerian Education Loan Fund (NELFUND).

The Ignatius Ajuru University of Education (IAUE) has praised NELFUND for disbursing ₦990 million in student loan payments.

The portal had been scheduled to close on 27 February, after an earlier extension. The post NELFUND extends student loan application deadline appeared first on Premium Times Nigeria.

A comment by Oyedele regarding NELFUND has ignited a fresh debate concerning the necessity of parents' consent in related matters.

NELFUND has applauded President Tinubu for his commitment to sustainable student loan financing and welcomed the Federal Executive Council’s approval for unclaimed dividends to be directed to the fund.

Nigeria's NELFUND has capped student loan repayments at 10% of a graduate's gross income, following the disbursement of N190 billion for institutional charges and N113.8 billion for upkeep support.

NELFUND Managing Director, Dr. Akintunde Sawyerr, is urging students in Nigeria's North Central region to apply for the N303 billion NELFUND loan scheme, highlighting its easy online application process.

The Nigerian Education Loan Fund (NELFUND) has disbursed over N303 billion to approximately 850,000 Nigerian students within two years, marking a significant federal government intervention to expand access to education.

Jim Ovia stated that without NELFUND, many Nigerians would not be able to attend university, highlighting the program's significant success in benefiting institutions and students across the country since its introduction.

NELFUND has commenced the disbursement of upkeep allowances for student beneficiaries for the months of June and July, with further updates expected on payment schedules.

The Nigerian Senate has expanded its probe into Safe Schools to include TETFund, NELFUND, UBEC, and other education agencies, summoning these bodies as part of the comprehensive investigation into education funding.

NELFUND has officially debunked a circulating report claiming the suspension of student upkeep allowances. The agency clarified that the notice regarding the suspension was fake.

Nigeria's NELFUND is probing 34 tertiary institutions for allegedly failing to refund students whose tuition fees were paid twice under the student loan scheme.

NELFUND is taking action against Nigerian universities that are withholding student loan refunds or implementing unauthorized tuition fee hikes. The agency aims to ensure institutions comply with regulations regarding student financial aid.

Nigeria's Federal Government approved N21.2 million in outbreak response funds for each state to boost Ebola preparedness. Concurrently, the Senate leader stated there would be no electoral act amendment before the 2027 polls, and the Navy intercepted boats involved in illegal black sand mining.

Kwara State University (KWASU) has confirmed the disbursement of N2.14 billion in NELFund loans to 11,434 students, as disclosed by Shaykh Luqman during an interactive session with journalists.

University students in Nigeria have raised concerns over the delayed NELFUND refunds, prompting calls for accountability and an investigation into the refund process.

NELFUND has issued a warning to students about a fraudulent registration portal for student loans, urging them to use only official channels to avoid scams.

The Acting Vice Chancellor of the Federal University of Technology, Ilaro, Dr Mikhail Akinde, has commended President Bola Tinubu for establishing the Nigerian Education Loan Fund, highlighting its undeniable impact.

NELFUND has reiterated that the approved monthly upkeep allowance for student beneficiaries will remain at N20,000.

Nigerian Vice-Chancellors are advocating for private universities to receive funding from TETFund and NELFUND, arguing that their current exclusion is unfair to students whose parents contribute taxes.

Students of Joseph Sarwuan Tarka University, Makurdi (JoSTUM) blocked the campus gate to protest the alleged non-payment of funds from the Nigerian Education Loan Fund (NELFUND) to eligible students.

IAUE commends NELFUND for ₦990m student loan payment  The Guardian Nigeria News

NELFUND has praised Delta State University (DELSU) for permitting students with verified NELFUND student loan applications to sit for exams, recognizing it as a student-friendly policy.

Nigeria’s Education Loan Fund (NELFUND) closes its portal after receiving 1.69 million applications and disbursing over N183 billion to students. Read More: https://punchng.com/nelfund-receives-1-69m-applications-disburses-n183-8bn/