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VEO News > Blog > News > Student loans: NELFUND disburses over N10bn – MD
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Student loans: NELFUND disburses over N10bn – MD

Oladoyin Ayegbusi
Last updated: 2024/10/23 at 7:36 PM
Oladoyin Ayegbusi Published October 23, 2024
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The Managing Director and Chief Executive Officer of the Nigerian Education Loan Fund, Akintunde Sawyerr, on Wednesday, said the fund has disbursed over N10bn to successful applicants since the commencement of the scheme in August 2024.

He dismissed the fears in some quarters that the student loan scheme may be discriminatory against some applicants.

He stated this during the maiden meeting of NELFUND with the House of Representatives Committee on Student Loans, Scholarships, and Higher Education Financing at the National Assembly Complex, Abuja.

Sawyerr assured the committee that the fund has reached out to the parts of the country, particularly the South-East, which had earlier complained of marginalisation.

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TAGGED: Featured, NELFUND, Student Loan
Oladoyin Ayegbusi October 23, 2024
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