UPDATED: Tinubu launches student loan fund

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The Nation Newspaper UPDATED: Tinubu launches student loan fund

President Tinubu also presented cheques to Vice Chancellors of Bayero University, Kano , Federal University of Technology, Owerri , amongst other institutions present.

Disclosing NELFUND portal’s key metrics from 25th May till date, the Executive Secretary and Managing Director of the NELFUND, Akintunde Sawyerr, said a total number of 164,000 students registered for the loan with total number of 103,000 of them applied. Reeling out NELFUND’s progress since the launch, Sawyerr said the Fund got key ammendments of Loan Act on the 3rd of April, 2024, secured dashboard metrics on the 25th May till date as well as the Presidential disbursement of funds on 17th July,2024.

 

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