The Nigerian Education Loan Fund (NELFUND) has released a significant N72 million to aid students from three prominent Nigerian universities, directly benefiting 1,607 students. This strategic move is part of NELFUND’s ongoing effort to alleviate the financial burden of tuition fees for students, enabling greater access to higher education.
The funds were allocated to three universities: the Federal College of Education, Obudu; Abdulkadir Kure University, Minna; and Adamawa State University, Mubi. The disbursement comes as part of NELFUND’s mission to ease the financial challenges faced by students, ensuring no Nigerian student is left behind due to tuition fees.
In a statement on Tuesday, NELFUND reaffirmed its commitment to making education more accessible and affordable for Nigerian students. The statement also highlighted the pivotal role of President Bola Ahmed Tinubu’s administration in championing educational reforms and reducing financial barriers for tertiary education.
Breakdown of Disbursements
- Federal College of Education, Obudu: The institution received a total of N21.8 million in two disbursements. The first installment, released in October 2024, was N14.3 million, benefiting 215 students. The second batch, distributed on March 5, 2025, amounted to N7.4 million, supporting 107 students.
- Abdulkadir Kure University, Minna: This university received N2.9 million to cover tuition for nine students. The university’s registrar, Dr. Garba Abdullahi, expressed heartfelt gratitude for the initiative, confirming the funds’ receipt and applauding NELFUND for its support.
- Adamawa State University, Mubi: Adamawa State University received the largest share, N47.6 million, benefiting 1,283 students. The acting Vice-Chancellor, Dr. Ibrahim Bwatanglang, commended NELFUND for its efforts and expressed hope for continued collaboration in future disbursements.
Positive Reception and Impact
The management of the Federal College of Education, Obudu, applauded NELFUND’s smooth and transparent disbursement process. In a joint statement, Provost Dr. Richard Utubaku and Bursar Joseph Ogar emphasized that the fund’s release highlights President Tinubu’s strong commitment to repositioning Nigeria’s educational landscape.
Similarly, Abdulkadir Kure University expressed immense gratitude, acknowledging that the financial support significantly eased the burden on students. Adamawa State University, for its part, reassured NELFUND of its commitment to ensuring the funds are utilized effectively and transparently, even requesting the official list of beneficiaries for future disbursements.
Looking Ahead: A Commitment to Continued Support
NELFUND has reassured Nigerian students that this is just the beginning. The fund aims to continue rolling out financial assistance to more institutions and students in the coming months, expanding its reach to ensure that every eligible Nigerian student has access to the education they deserve.
In a final note, NELFUND emphasized its ongoing commitment to President Tinubu’s vision of making higher education more inclusive and accessible to all Nigerians, regardless of financial background.
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