NELFUND Disburses ₦86.3bn Loans To 450,000 Students

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The Nigerian Education Loan Fund (NELFUND) has announced the disbursement of a total of  ₦86.3 billion loan to 449,039 students since the scheme was launched on its portal on May 24, 2024.

According to the latest daily status report released on Monday, August 11, 2025, the scheme disbursed the loan as of August 6, 2025.

The Fund noted that “the scheme delivers on President Bola…

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