Recall that the federal government established NELFUND in 2024 to provide loans to students in tertiary institutions across the country. The establishment of the fund followed the passage of the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Bill by the Senate and its eventual signing into law by President Bola Tinubu. Mr Farouk
It has been two years since President Bola Ahmed Tinubu assumed office as Nigeria’s leader. For many young Nigerians, this is a good time to ask a crucial question: How has the government supported education? Education is critical to young people. It helps us build a better future. That is why we care so much
The University of Lagos (UNILAG) has assured students of a complete refund for fees paid before receiving the Nigerian Education Loan Fund (NELFund) loans. This assurance came as the university continues to process reimbursements following the arrival of the third tranche of NELFund loans. According to Adejoke R. Alaga-Ibraheem, Head of Communication at UNILAG, the
The National Institute for Educational Planning and Administration (NIEPA), in collaboration with the Universal Basic Education Commission (UBEC), has concluded a five-day capacity-building workshop in Kano aimed at strengthening leadership within Nigeria’s basic education sector. The training brought together head teachers, education officers, and junior secondary school principals from across the country to equip them
The much-anticipated meeting between the Minister of Education, Dr Tunji Alausa, and the Nigerian Education Loan Fund (NELFUND) alongside 51 Vice-Chancellors and heads of tertiary institutions accused of mismanaging student loan disbursements has been postponed. Although no official reason was given for the postponement, Dr Alausa was seen on Tuesday attending the 2025 International Conference
The management of the Federal University Oye-Ekiti (FUOYE) has denied involvement in the unauthorised deduction of funds from students’ loans disbursed through the Nigerian Education Loan Fund (NELFUND). The NELFUND scheme, introduced on April 3, 2024, by President Bola Tinubu, was designed to assist students in public tertiary institutions. However, over 51 universities across Nigeria
Human rights lawyer Deji Adeyanju has urged the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to arrest and prosecute individuals involved in the alleged diversion of N71.2 billion from the Nigeria Education Loan Fund (NELFUND). In a statement released on Thursday, Adeyanju described the alleged mismanagement of the student loan scheme as a
At least 51 public tertiary institutions in Nigeria are under scrutiny for making illegal deductions from student loans provided by the Nigerian Education Loan Fund (NELFUND). Reports reveal that these institutions charged students between N3,500 and N30,000 beyond the approved fees, violating the established guidelines for the loan scheme. Several schools, including the Federal University
ActionAid Nigeria has raised serious concerns about the exploitation of the Nigerian Education Loan Fund (NELFUND), which has led to financial sabotage in over 50 Nigerian tertiary institutions. The international development organisation condemned the practice of inflating fees, withholding refunds, and abusing the student loan program, accusing the institutions of undermining students’ trust and betraying
