The Nigerian Education Loan Fund (NELFUND) has disbursed over N72 million in student loans to three tertiary institutions, benefiting 1,607 students in an effort to improve access to higher education.
The funds were allocated to the Federal College of Education, Obudu; Abdulkadir Kure University, Minna; and Adamawa State University, Mubi. In a statement on Tuesday, NELFUND reaffirmed its dedication to supporting Nigerian students, aligning with President Bola Tinubu’s vision of reducing financial barriers to education.
“This disbursement is a testament to President Bola Ahmed Tinubu’s commitment to improving access to education and easing financial burdens for students nationwide,” the statement read.
The Federal College of Education, Obudu, received N21,789,500, with N14,320,500 disbursed in October 2024 to 215 students, and an additional N7,469,000 released on March 5, 2025, benefiting 107 students. Abdulkadir Kure University, Minna, was allocated N2,900,000 to cover tuition fees for nine students. The university, through a letter signed by Registrar Dr. Garba Abdullahi, acknowledged receipt of the funds and expressed appreciation.
Adamawa State University, Mubi, received the highest share of N47,621,121, supporting 1,283 students. The Acting Vice-Chancellor, Dr. Ibrahim Bwatanglang, confirmed receipt and expressed optimism for continued partnership with NELFUND.
The Federal College of Education, Obudu, praised NELFUND for the initiative’s successful implementation. In a letter signed by the Provost, Dr. Richard Utubaku, and the Bursar, Joseph Ogar, the institution described the program as a reflection of President Tinubu’s efforts to strengthen Nigeria’s education system.
Similarly, Abdulkadir Kure University acknowledged the financial support, stating that it had significantly alleviated financial difficulties for its students.
