The Federal Government says it has paid the Tuition fees of 20,000 students of the University of Ibadan, University of Benin, University of Maiduguri, University of Ilorin, and Bayero University, Kano. directly to their institutions in the ongoing.
The Managing Director and Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND) scheme, Akintunde Sawyer revealed this on Thursday while speaking during a summit and sensitization programme by the National Association of Nigerian Students (NANS) in Rivers State.
While attributing some of the delays in approving requests for the student interest-free loan to errors made by students during the registration process, Mr. Sawyer also disclosed that as of August 22, 2024, over 280,000 students have registered for the scheme, while about 256,000 have completed the application process.
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Recall that president Bola Tinubu had introduced the fund when he signed the Access to Higher Education Act, which creates a legal framework for granting loans to indigent or low-income Nigerians to facilitate the payment of their fees in Nigerian tertiary institutions.
