137 federal institutions subscribed to student loan – NELFUND - News Summed Up

137 federal institutions subscribed to student loan – NELFUND


No fewer than 137 institutions across the country have now collaborated with the Nigerian Education Loan Fund, data from the NELFUND website on Monday revealed. The data did not, however, disclose the names of the collaborating institutions nor did it specify whether the institutions are Federal Government or state-controlled. President Bola Tinubu, on April 3, signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law. Recall that NELFUND’s Managing Director, Akintunde Sawyerr, once revealed that students’ accessibility to student loans would be based on the institution’s responses. He had also noted that over 90 per cent of federal institutions had also collaborated with the Fund.


Source: Punch June 18, 2024 09:44 UTC



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