1.38m students benefit as loan disbursement hits N242.4bn – NELFUND

The Nigerian Education Loan Fund (NELFUND) has disbursed N242.4bn in interest-free student loans to 1.38 million beneficiaries for tuition and upkeep.

The Briefing Africa

April 27, 2026 · 14:59 · 5 min read

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The Nigerian Education Loan Fund (NELFUND) has disbursed N242.4bn in interest-free student loans to 1.38 million beneficiaries for tuition and upkeep.

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1.38m students benefit as loan disbursement hits N242.4bn – NELFUND