
NELFUND Disburses N56.9bn to Nearly 300,000 Nigerian Students in One Year
In its first year of operation, the Nigerian Education Loan Fund (NELFUND) has distributed N56.85 billion to support 298,124 students with tuition and living costs across 198 institutions in Nigeria, following its launch on 24 May 2024. According to the latest updates from NELFUND, N30.179 billion has been allocated for tuition coverage, while N26.627 billion…