Over 500,000 Nigerian students applied for loans in one year: NELFUND
The Nigeria Education Loan Fund (NELFUND) says more than 500,000 Nigerian students have applied for loans through its portal in one year.
This is contained in a statement on Friday by NELFUND’s spokesperson, Oseyemi Oluwatuyi.
Mr Oluwatuyi quoted the fund’s managing director, Akintunde Sawyerr, as saying the milestone achieved within just 11 months of operations underscored the critical need for accessible student financing in Nigeria.
Mr Sawyerr stated that it also highlighted the widespread trust in NELFUND’s mission to democratise access to tertiary education.
“We are witnessing a nationwide demand for opportunity, and NELFUND is proud to be at the heart of this transformation.
“Since the launch of the portal, students across the country have actively engaged with the application process for both institutional and upkeep loans, demonstrating the relevance and urgency of the fund’s efforts,” he said.
The managing director reiterated NELFUND’s commitment to ensuring transparency, accessibility and efficiency as the process continued.
He called on stakeholders to support the fund’s vision of equitable education for all.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Diaspora
APC youth condemns UK protest against Amupitan, threatens ‘full force’ against attacks on Tinubu
Mr Israel warned in a statement on Saturday that the party’s youth wing will confront citizens attacking the president, his wife, convoy and supporters.
Politics
Makinde flags off campaign in Oyo, pledges to reset Nigeria
Mr Makinde thanked people who attended the programme, assuring them that they would all reap the dividends of democracy.
Anti-Corruption
54 African countries to converge on Abuja for talks on stolen asset recovery
Mr Mohammed said Africa continues to lose resources critical to its development to corruption and illicit channels.
World
Cab driver kills wife, mother-in-law, brothers-in-law, their wives, seven-year-old grandson
According to the police, Mr Indushekar first attacked his wife, Ms Sunitha, with a grinding stone, killing her before disposing of her body.
Politics
Atiku has 13 states, will defeat Tinubu in 2027 presidential election, says Amaechi
Mr Amaechi said the North-Central region would be a battleground.
Politics
Plateau: Tinubu begs for forgiveness after Palm Sunday killings snub
Mr Tinubu urged Plateau people to vote for him and his party, promising a peaceful election.
