TINUBU APPROVES N35BILLION FOR STUDENT LOAN SCHEME

President Bola Tinubu has approved N35 billion for the take – off of the student loan scheme. So far, 70, 000 applications have been approved by the Nigerian Education Loan Fund (NELFUND). Another 50, 000 applications are currently being evaluated and would be approved within 30 days. The figures were exclusively obtained by The Nation from sources in NELFUND. According to the Managing Director/Chief Executive Officer, NELFUND, Akintunde Sawyerr, the funds will be disbursed based on the timetable and calendars of the academic session of each institution. He said: “The…

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