In a bold move to boost the welfare of academic and non-academic personnel across Nigerian tertiary institutions, the Federal Government has officially launched the Tertiary Institution Staff Support Fund (TISSF) loan scheme, designed to provide eligible staff with financial assistance of up to ₦10 million. The initiative, announced under the leadership of President Bola Ahmed
Abuja, July 17, 2025 The Nigerian Education Loan Fund (NELFUND) has announced plans to launch a dedicated job portal by 2026, aimed at connecting student loan beneficiaries with potential employers across various sectors of the economy. This initiative, according to NELFUND’s Managing Director, Mr. Akintunde Sawyerr, is part of the Fund’s long-term strategy to improve
The Nigerian Education Loan Fund (NELFUND) has commenced the payment of outstanding upkeep allowances to students who transitioned from digital wallets to verified commercial bank accounts. According to information made available to KIIN360, more than 3,600 beneficiaries have so far received their pending payments, following the successful update of their banking information on the official
Abuja, July 9, 2025 — The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has reaffirmed the Commission’s unwavering commitment to ensuring that the Nigeria Education Loan Fund (NELFUND) serves its intended purpose of empowering students, and not falling victim to corruption or misappropriation. Speaking on Tuesday in Abuja, Olukoyede
The Nigerian Education Loan Fund (NELFUND) has confirmed the disbursement of over ₦38.2 billion in verified institutional charges, directly benefiting 366,247 students across 206 accredited tertiary institutions in the country. This milestone underscores NELFUND’s unwavering commitment to ensuring transparency, efficiency, and impact in the implementation of its student loan scheme, which forms a vital component
Abuja, Nigeria – June 29, 2025 The Managing Director/Chief Executive of the Nigerian Education Loan Fund (NELFUND), Mr. Akintunde Sawyerr, has reiterated the Fund’s unwavering commitment to driving educational development across the country through strategic financial interventions. Speaking on the progress of NELFUND’s initiatives, Mr. Sawyerr noted that several institutions have already benefited from the
In a move to strengthen Nigeria’s educational financing framework, the Managing Director and Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND), Mr. Akintunde Sawyerr, recently held strategic consultations with key members of the National Assembly. Mr. Sawyerr met with Senator Opeyemi Bamidele, Senate Leader, and Senator Hassan Ibrahim Dankwambo, former Governor of Gombe
Sulaimon Olanrewaju The Nigeria education loan fund ‘NELFUND’ an initiative of the federal government of Nigeria under president Bola Ahmed Tinubu is aimed at providing soft loan which is zero interest for students of higher institutions of learning to make their educational carriers more easier so that Nigeria students can be more focused on their
The Minister of State for Education, Dr. Yusuf Maruf Tunji Alausa, has assured Nigerians that no funds have been lost and no trust has been compromised in the ongoing disbursement of student loans under the Nigerian Education Loan Fund (NELFUND). This reassurance follows public concerns over alleged discrepancies and irregularities in the management of the
The Federal Government has dismissed circulating claims of financial impropriety within the Nigerian Education Loan Fund (NELFUND), affirming that no fraud has been uncovered in the operations of the recently established scheme. The Minister of State for Education, Dr. Yusuf Tanko Sununu, made this known on Tuesday while addressing journalists in Abuja. He described the
