Tinubu: NELFUND Putting Education Within Reach as Student Loans Transform Access to Universities
President Bola Ahmed Tinubu has highlighted the growing impact of the Nigerian Education Loan Fund (NELFUND), saying the student-loan initiative is helping to put tertiary education within reach of more Nigerian youths as his administration’s reforms continue to take root. In a statement shared on X, the President pointed to the absence of prolonged strikes in universities and the fact that Nigerian students are remaining in classrooms, alongside NELFUND’s student-loan intervention and affordable credit being provided to civil servants through CreditCorp. Tinubu said his administration would not reverse the reforms undertaken over the past three years, arguing that the emerging improvements must now translate more quickly into tangible benefits for ordinary Nigerians. The President’s reference to NELFUND comes as the Fund continues to expand its nationwide reach, with more than 1.6 million applications recorded and over ₦322 billion reportedly disbursed in institutional fees and ...