The Nigeria Education Loan Fund (NELFUND) has reached a major milestone in its first year, with over 500,000 Nigerian students applying for loans through the agency’s portal.
This achievement was announced in a press release signed by NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi.
NELFUND’s Managing Director, Akintunde Sawyerr, highlighted that this milestone was reached within just 11 months of operation, underscoring the urgent need for accessible student financing in Nigeria.
Sawyerr further emphasised that this reflects the widespread trust in NELFUND’s mission to make tertiary education more accessible.
“This is not just a number; it is a beacon of hope for families across Nigeria. We are witnessing a national demand for opportunity, and NELFUND is proud to play a central role in this transformation,” he stated.
Since the launch of the portal, students from across the country have actively participated in applying for both institutional and upkeep loans.
Sawyerr reiterated NELFUND’s commitment to maintaining transparency, accessibility, and efficiency throughout the process and encouraged all stakeholders to support the vision of equitable education for all.
