NELFUND Disburses ₦116bn for Students’ Fees and Upkeep Nationwide.
The Nigerian Education Loan Fund (NELFUND), has disbursed one hundred and sixteen billion naira, to cover institutional fees and upkeep allowances for students across the country.
The Managing Director of the Fund, Akintunde Sawyerr, revealed this during an interview with newsmen in Abuja, reiterating the federal government’s commitment to affordable and inclusive tertiary education.
Giving a breakdown, Sawyerr said the fund paid sixty-five billion naira directly to two hundred and thirty-nine government-owned institutions, including universities, polytechnics, and colleges of education, on behalf of students whose loan applications were approved.









