NELFUND set to accommodate state-owned tertiary institutions

NELFUND set to accommodate state-owned tertiary institutions

The Nigerian Education Loan Fund (NELFUND) said on Thursday that the second phase of the student loan application portal will open in three weeks. The Managing Director of the Fund, Akintunde Sawyerr, disclosed this during a press conference in Abuja. NELFUND opened its application portal for applications in the first phase of registration last week. … Read more

Nigerian president signs new student loan bill into law

Nigerian president signs new student loan bill into law

President Bola Tinubu on Wednesday signed into law the new Access to Higher Education Act, otherwise known as the Students Loan Bill. Mr Tinubu’s Special Assistant on Social Media, Olusegun Dada, disclosed this in a post on X. Mr Tinubu signed the previous version in June last year and promised implementation would take off in … Read more

ASUU declines membership as board holds inaugural meeting ahead of rollout

ASUU declines membership as board holds inaugural meeting ahead of rollout

The Academic Staff Union of Universities (ASUU) has declined to be part of the management of the student loan scheme introduced by the administration of President Bola Tinubu. Ahead of the rollout of the scheme scheduled to commence on Monday, 26 February, the 11-member special committee chaired by Governor of the Central Bank of Nigeria, … Read more