NELFUND disburses ₦59.8bn student loans to over 298,000 since portal launch

NELFUND says no evidence of misappropriation in University of Abuja loan disbursement

Akintunde Sawyerr, managing director of NELFund

The Nigerian Education Loan Fund (NELFUND) has disbursed a total of ₦59,878,283,149 in student loans to 298,124 beneficiaries across the country since the launch of its student loan portal on May 24, 2024. According to a status report released on the Fund’s official X account, a total of 619,

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