Over N20bn disbursed for 192,906 students as of January 1, 2025 — NELFUND

The Nigerian Education Loan Fund (NELFund) has announced the approval of N20,075,050,006.55 for disbursement to 192,906 students in public tertiary institutions across the country.

This update was shared on NELFund’s official X page on Monday, stating that the disbursement is as of January 1, 2025.

Bayero University, Kano, will receive the largest share, with 11,683 students approved to receive a total of N1.3 billion.

The University of Maiduguri follows closely, with 12,198 students set to receive N1.27 billion.

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The University of Jos has 6,988 students who will be allotted N941 million, while 8,978 students from Federal University Dutsin-Ma will benefit from N909 million.

At the University of Ibadan, 4,907 students will receive N746 million, and 5,451 students at Federal University Dutse will share N593 million.

Usmanu Danfodiyo University, Sokoto, has 6,480 students set to receive N578 million, and the University of Lagos will disburse N557 million to 3,685 students.

Some institutions have fewer recipients, including Gombe State Polytechnic, Bajoga, where four students will receive N122,000, and Abia State Polytechnic, which will allocate N106,300 to two students. Nwafor Orizu College of Education, Nsugbe, will provide N214,116 to three students, while Kenule Benson Saro-Wiwa Polytechnic, Bori, will distribute N315,500 to seven students.

Additionally, three students at the Federal College of Education, Gidan Madi, will receive N330,000, and 11 students from Federal Polytechnic Ukana, Akwa Ibom, will share N518,500.

Nine students at Federal Polytechnic Nekede, Imo State, are set to receive N368,400, and 12 students at Alvan Ikoku Federal University of Education, Owerri, will get N528,500.

NIGERIAN TRIBUNE