At least 200,000 Nigerian students have received over N22 billion in loans.
The Managing Director of Nigerian Education Loan Fund, Akintunde Sawyerr disclosed this at a press conference in Abuja on Monday while noting that the 2023/2024, application will close on February 21, 2025.
He further announced that the 2024/2025 application will open on February 22.
Recall that in December last year, the Federal Government announced a fresh approval of N110 billion for students of public tertiary institutions nationwide.
In November 2024, Sawyerr told the House of Representatives Committee on Student Loans and Higher Education Financing that NELFUND had disbursed N12 billion to students as loans.
