The House of Representatives has reopened probe into the operations of the Nigerian Education Loan Fund (NELFUND), after fresh allegations of irregularities in the disbursement of student loans across tertiary institutions. Prof Paul Sunday Nnamchi, the Chairman of the Joint Committee on Student Loans, Scholarships and Higher Education Financing, Banking and Other Ancillary Institutions, Anti-Corruption,
The Minister of Information and National Orientation, Alhaji Muhammed Idris, has explained that President Bola Tinubu established the Nigerian Education Loan Fund (NELFUND) to ensure that no Nigerian child is denied higher education due to financial constraints. Speaking at a town hall meeting in Ibadan on Monday, Idris said Nigeria has struggled with weak human
Sokoto State University has confirmed the receipt of over ₦74 million from the Nigerian Education Loan Fund (NELFUND) to cover institutional registration fees for its students. In a letter addressed to the NELFUND management, Vice Chancellor Prof M.B. Yerima acknowledged ₦23.9 million on July 4, to offset the registration fees of 471 students under Batch
Students of Usmanu Danfodiyo University (UDUS) have accused the school management of misusing their NELFUND loan refunds through portal manipulations. According to the students, NELFUND had already disbursed approved loans to the university for eligible applicants. Many students were surprised when they could not find their refunds, saying the school created fake academic levels on
The Federal Government has disbursed more than ₦90 billion to support the education and welfare of over 400,000 students in Nigerian tertiary institutions through the Nigerian Education Loan Fund (NELFUND). Minister of Information and National Orientation, Alhaji Mohammed Idris, announced the figures during a visit by the Conference of State Commissioners of Information, led by
The Nigerian Education Loan Fund (NELFUND), initiated by President Bola Tinubu’s administration to assist indigent students with tuition loans and a ₦20,000 monthly upkeep allowance, has halted stipend disbursements since June, leaving hundreds of beneficiaries struggling financially. Students across universities in the country have reported that the delay has pushed many into debt, forcing some
The House of Representatives Committee on Student Loans has reaffirmed its commitment to ensuring transparency, accountability, and fairness in the administration of the federal student loan scheme. Chairman of the committee, Hon. Ifeoluwa Ehindero, said this on Tuesday, during the North central zonal investigative hearing on the alleged unethical practices in the disbursement and management
The Nigerian Education Loan Fund (NELFUND) has mandated all accredited tertiary institutions to verify and upload their students’ data on the Student Loan Application System (SLAS). NELFUND disclosed this in a statement released on its official X handle on Tuesday, Jun. 17, 2025. The Student Loan Application System (SLAS) has now been fully digitised to
The Muslim Students’ Society of Nigeria (MSSN) has urged the Federal Government to extend student loans awarded by the Nigerian Education Loan Fund (NELFUND) to postgraduates. Applauding NELFund, the MSSN highlighted the government’s effort in easing undergraduates’ financial burdens. The society then requested that the government extend its benefits to postgraduate students to eradicate their
The Nigerian Education Loan Fund (NELFUND) has disbursed ₦6.7 million to 96 students at the Nigerian Army College of Education (NACOE), Ilorin, Kwara State. In response, the institution posted a letter on its X handle, acknowledging the donation and appreciating the organisation. “The disbursement was successfully received on Monday, July 28 2025, for a total
