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NELFUND: FG ‘ll Not Increase N20,000 Monthly Upkeep Immediately, says MD

Tunde Opalana 30 September 2025 0

The Managing Director of NELFUND, Mr Akintunde Sawyerr, has said that the current N20,000 monthly allowance to beneficiaries would not be increased immediately. Sawyerr disclosed this at a news conference on Monday in Abuja, when he was asked about upkeep stipends for Next Generation students

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NELFUND disburses N54 billion as student loans

DailyTimesNGR DailyTimesNGR 8 May 2025 0

By Msugh Ityokura The Nigerian Education Loan Fund, NELFUND has disbursed a total of 54 billion naira for the payment of loans that students applied for N30 billion naira of the sum has been paid to 303 institutions while 24 billion has been paid as upkeep to 293,000 students who are Nigerians studying at tertiary […]

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NELFUND disburses N44.2bn loans to 293,178 students as ICPC launches investigation

DailyTimesNGR DailyTimesNGR 2 May 2025 0

By Emma Okereh The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced a comprehensive investigation into alleged discrepancies surrounding the disbursement of student loans under the Nigeria Education Loan Fund (NELFUND). This action follows a recent media report alleging that no fewer than 51 tertiary institutions were implicated in

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NELFUND disburses over N35 billion to 261,000 students

DailyTimesNGR DailyTimesNGR 16 March 2025 0

By Titus Akhigbe The Managing Director of Nigerian Education Loan Fund (NELFUND), Mr Akintunde Sawyerr, had said that the organisation has disbursed over N35 billion to 261,000 students. Sawyerr stated this at a sensitisation programme for Edo students in conjunction with the Edo State Ministry of Education held at the Edo University, Iyamoh. “So far […]

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NELFUND disburses July upkeep stipends to 20,371 students

DailyTimesNGR DailyTimesNGR 6 August 2024 0

The Management of the Nigerian Education Loan Fund (NELFUND) has announced the successful disbursement of monthly stipends for the month of July to 20,371 students from six tertiary institutions. This is contained in a statement made available to newsmen in Abuja on Monday by the Fund’s Director Finance and Accounts, Mr Ibom Uche. Uche said […]