Nigerian Education Loan Fund

Tinubu’s Administration Yields Results in Public University Revitalization – Minister

Sep 7, 2025. by Ekohot Editor

Tinubu’s Administration Yields Results in Public University Revitalization – Minister Ahmad highlighted the introduction of the NELFUND as a key initiative aimed Governor Aliyu announced a Hajj seat as a special reward for the university’s best graduating student Minister of State for Education, Prof. Suwaiba Ahmad, says President Bola Tinubu’s administration is already seeing positive … Read more

Obasa: Nigerians Have Witnessed Transformation Under Tinubu

Sep 5, 2025. by Ekohot Editor

Tinubu, Sanwo-Olu, Dabiri-Erewa, Others to Headline ECI@25 Convention in Newark

Obasa: Nigerians Have Witnessed Transformation Under Tinubu Says Tinubu’s administration had tackled the challenges of economic stagnation and instability Obasa praised the launch of the NELFUND Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has commended the administration of President Bola Ahmed Tinubu, saying Nigerians have witnessed inspiring transformation within the last two years. … Read more

Nigerian Students Need Grant Not Loan – ASUU

Dec 5, 2024. by Praise Ben

The Academic Staff Union of Universities (ASUU) has criticized the federal government’s student loan program, disbursed through the Nigerian Education Loan Fund (NELFUND), arguing that it should be replaced with grants for the children of the poor rather than loans. ASUU President, Professor Emmanuel Osodeke, expressed his concerns on Thursday during an appearance on Channels … Read more

Nigerian Govt Plans To Cut TETFund By 30% For Student Loans

Sep 26, 2024. by Praise Ben

The Federal Executive Council (FEC) has proposed an amendment to the Tertiary Education Trust Fund (TETFund) Act, aimed at allocating 30% of its funds to the Nigerian Education Loan Fund under the Student Loan Scheme. This change is intended to provide a sustainable financial source for student loans, ensuring that Nigerian students have greater access … Read more

Over 3,000 University Of Ibadan Students Get Approval For NELFUND Loans

Sep 19, 2024. by Praise Ben

NELFUND Loans University Ibadan Students

The Nigerian Education Loan Fund (NELFUND) has approved loan applications for 3,283 students at the University of Ibadan, as confirmed by the university management in a circular issued on September 18, 2024. While the loans have been approved, the disbursement of funds is still pending. EDITOR’S PICKS Japan’s Next PM Vows to Respect BOJ’s Autonomy … Read more

South-East Govs, Lawmakers Act To Include Region In Student Loan Scheme

Aug 27, 2024. by Praise Ben

Governors from the South-East and lawmakers representing the region in the National Assembly have intervened to ensure that students from the area benefit from the Federal Government’s student loan scheme. Deputy Speaker of the House of Representatives, Benjamin Kalu, made this announcement in a statement on Monday. He assured South-East students that the issues causing … Read more

NELFUND Explains Why South-East Students Missed Out On Federal Loan

Aug 23, 2024. by Praise Ben

The Nigerian Education Loan Fund (NELFUND) has clarified why students from South-East institutions have not yet benefited from the federal government’s student loan program. On Friday, NELFUND reported the disbursement of ₦2.95 billion to 27,667 students across 19 universities nationwide. However, none of the federal institutions in the South-East were included on the list of … Read more

EFCC Donates N50bn from Recovered Funds to Nigerian Education Loan Fund

Aug 14, 2024.Aug 14, 2024. by Ekohot Editor

The Economic and Financial Crimes Commission (EFCC) has contributed N50 billion to support the Nigerian Education Loan Fund (NELFUND). EKO HOT BLOG reports that this announcement was made by the anti-corruption agency on Tuesday, August 13, 2024, during a courtesy visit to the EFCC headquarters in Abuja by the Fund’s Managing Director and Chief Executive … Read more

Tinubu Approves N35 Billion To Kickstart Student Loan Disbursement

Jun 23, 2024. by Ekohot Editor

President Bola Tinubu has sanctioned N35 billion for the launch of the student loan scheme. According to figures from the Nigerian Education Loan Fund obtained by The Nation, 70,000 applications have been approved so far. Additionally, another 50,000 applications are currently being evaluated and are expected to be approved within 30 days. Editor’s Picks Minimum … Read more

Student Loan Portal Finally Opens After Delays, Offering Financial Aid

May 16, 2024. by Ekohot Editor

Student Loan Portal Unlocks Opportunities Tinubu’s Commitment to Accessible Education Application Deadline Approaches for Aspirants Eko Hot Blog reports that the Bola Tinubu administration announced May 24, 2024, as the opening date for the student loan application portal. This move aligns with President Tinubu’s vision of fostering inclusive education for all Nigerian students. Editor’s Pick … Read more

BREAKING: Jim Ovia Lands Key Appointment In Tinubu’s Govt

Apr 26, 2024. by Ekohot Editor

Eko Hot Blog reports that President Bola Tinubu has appointed Jim Ovia, the founder of Zenith Bank, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). A statement on Friday by presidential spokesperson, Ajuri Ngelale, confirmed Ovia’s appointment. Editor’s Picks BREAKING: Shocking Murder Of Military Commander Rocks Katsina Oyo LG Poll: … Read more