Campus News2 min read2026-01-14

NELFUND Disburses ₦927 Million in Unpaid Allowances to 11,685 Students

The Nigerian Education Loan Fund (NELFUND) has officially commenced the disbursement of unpaid upkeep allowances, amounting to ₦927 million, to 11,685 students from the 2024/2025 academic session. This initiative reflects the comm...

Azeez

Azeez

14 Jan 2026

NELFUND Disburses ₦927 Million in Unpaid Allowances to 11,685 Students
Key takeaways
  • The Nigerian Education Loan Fund (NELFUND) has officially commenced the disbursement of unpaid upkeep allowances, amounting to ₦927 million, to 11,685 students from the 2024/2025 academic session.
  • This initiative reflects the commitment of NELFUND management to ensure that every eligible student receives their rightful financial support.
  • During a press conference held in Abuja, Akintunde Sawyerr, the Managing Director of NELFUND, provided insights into the fund's operations and recent challenges.

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