Nigeria’s Minister of Information, Alhaji Muhammed Idris, says the Nigerian Educational Loan Fund (NELFUND) was established to ensure that access to higher education is no longer determined by financial hardship.
Speaking at a town hall meeting in Ibadan on Monday, Idris, represented by Oyo State information chief Moses Oyelade, said more than 5,000 students of the University of Ibadan have already received support through the fund. He stressed that the scheme reflects President Bola Tinubu’s resolve to improve the nation’s Human Development Index.
The town hall, themed Tinubu Administration’s Mid-Term Report, also heard from Dr Solomon Oyeleye of Caleb University, who praised the administration’s economic policies, including fuel subsidy removal, but urged greater collaboration with trade unions and support for regional security initiatives.
Federal officials outlined ongoing projects in Oyo State, including the completion of the Oyo–Ogbomoso dual carriageway, reconstruction of the Ibadan–Ife–Ilesa road, and construction of a 250-unit affordable housing estate in Ibadan.
University of Ibadan Dean of Students, Prof Demola Lewis, endorsed the loan scheme, noting that it had already assisted thousands of undergraduates, while urging the government to strengthen other student-focused initiatives.
