The Federal Government through the Nigerian Education Loan Fund (NELFUND) has disbursed over ₦72 million in student loans to 1,607 students across three tertiary institutions, aiming to alleviate the financial burden of tuition fees. The beneficiaries include the Federal College of Education, Obudu; Abdulkadir Kure University, Minna; and Adamawa State University, Mubi.
In a statement released on Tuesday, NELFUND reaffirmed its commitment to supporting students in Nigerian tertiary institutions, highlighting the disbursement as a demonstration of President Bola Ahmed Tinubu’s dedication to enhancing educational access and reducing financial barriers for students nationwide.
The Federal College of Education, Obudu, received a total of ₦21,789,500, distributed in two tranches. The first tranche, amounting to ₦14,320,500, was disbursed in October 2024 to 215 students, while the second tranche of ₦7,469,000 was disbursed on March 5, 2025, to 107 students. Abdulkadir Kure University, Minna, received ₦2,900,000 to cover the tuition fees of nine students. The university’s registrar, Dr. Garba Abdullahi, confirmed receipt of the funds and expressed gratitude for the initiative.
Adamawa State University, Mubi, received the largest allocation of ₦47,621,121, benefiting 1,283 students. The institution’s acting Vice-Chancellor, Dr. Ibrahim Bwatanglang, acknowledged the disbursement and expressed hope for continued collaboration with NELFUND.
The management of the Federal College of Education, Obudu, commended NELFUND for the smooth and transparent disbursement process. Similarly, Abdulkadir Kure University acknowledged the significant financial relief provided to its students. Adamawa State University assured NELFUND of the responsible use of the funds and requested a list of shortlisted beneficiaries for the next disbursement.
NELFUND reiterated its commitment to ensuring that financial constraints do not prevent qualified Nigerian students from accessing higher education, stating that further disbursements will follow in the coming months to expand the program’s reach.
