NELFUND disburses over N785m to ogun students

NELFUND

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The Nigerian Education Loan Fund (NELFUND) has recorded a major milestone in Ogun State following its recent sensitisation programme held at the Crownbirth Event Center, Ijebu-Ife.

The engagement, facilitated by Otunba Femi Adewumi and hosted by Dr Oluwadare Kehinde (Hacco), Executive Chairman of Ijebu East Local Government, has led to a significant increase in awareness and uptake of the NELFUND student loan scheme across the region.

Mrs Oseyemi Oluwatuyi
Director, Strategic Communications disclosed this in a statement made available to newsmen in Abuja.

The sensitisation exercise, she said, brought together parents, guardians, students, community leaders, and educational stakeholders, provided in-depth guidance on how to apply for and access the NELFUND student loan.

This is a Federal Government initiative designed to remove financial barriers to higher education.

To highlight the importance of the initiative, Otunba Femi Adewumi noted:

“Our goal was simple — to ensure that no student in our communities is left behind because of financial barriers. I am proud of the impact this sensitization has achieved, and I commend NELFUND for delivering real opportunities to our young people.”

NELFUND has confirmed the following disbursements for the 2024/2025 academic session, with the institutions below acknowledging receipt of funds:

1. Sikiru Adetona College of Education, Science & Technology, Omu-Ajose

Batch 1: 264 students — ₦33,575,000
Batch 2: 59 students — ₦6,997,500
Total: ₦40,572,500

2. Olabisi Onabanjo University (OOU)

3,473 students — ₦718,585,000

3. Abraham Adesanya Polytechnic

Batch 1: 87 students — ₦12,164,500
Batch 2: 18 students — ₦14,779,500

 

Speaking on the impact of the sensitization programme, NELFUND’s Managing Director/CE, Mr. Akintunde Sawyerr, applauded the collaborative effort:

“Our mission is to democratize access to higher education for every Nigerian student, regardless of financial background. The support from community leaders such as Otunba Femi Adewumi and Dr. Oluwadare Kehinde shows what is possible when government institutions and local stakeholders work together.”

He added that NELFUND remains committed to expanding such engagements across all six geopolitical zones to ensure broad awareness and seamless access to the loan scheme.

NELFUND acknowledges and appreciates the contributions of Otunba Femi Adewumi, whose facilitation of the Ijebu-Ife sensitization programme played a critical role in the successful uptake recorded in Ogun State.

The Fund reiterates its dedication to ensuring that every eligible student in Nigeria is informed, supported, and empowered to access the NELFUND student loan. More sensitization exercises and institutional visits are scheduled across the country as part of ongoing nationwide outreach.

For further inquiries, please contact us through the official channels below:

• Email: info@nelf.gov.ng

• X (formerly Twitter): @nelfunds

• Instagram: @nelfund

• Facebook & LinkedIn: Nigerian Education Loan Fund – NELFUND

• Website: www.nelf.gov.ng

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