The Nigerian Education Loan Fund (NELFUND) has received a significant injection of ₦50 billion from the Economic and Financial Crimes Commission (EFCC), following a directive from President Bola Tinubu.
This funding aims to enhance the student loan program and increase access to education for Nigerian students.
In a statement, NELFUND’s Director of Corporate Communications, Oseyemi Oluwatuyi, expressed gratitude to President Tinubu for his commitment to education and social intervention policies.
He added that the fund will be utilized to provide financial support to students, enabling them to pursue their academic goals without financial constraints.
NELFUND has pledged to partner with the EFCC to ensure the transparent and efficient disbursement of the funds, directly benefiting those who need them most.
