Key takeaways
- The Nigerian Education Loan Fund (NELFUND) is addressing a significant backlog of upkeep allowances affecting over 11,000 student loan beneficiaries.
- This move, which involves N927.98 million in outstanding payments, promises to alleviate financial pressures for many tertiary students across Nigeri - Total Disbursement : NELFUND has disbursed over N161.97 billion to 864,798 students for tuition and upkeep.
- - Loan Applications : The agency has received more than 1.36 million applications from eligible students.
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