UNILAG, OAU, and others receive N2.9 billion from NELFUND

The Nigerian Education Loan Fund has announced that it has allocated a total of N2,946,927,155 in student loans to 27,667 students across 19 institutions nationwide. This information was shared on Friday through the Fund’s X account, under the handle #NELFUND.

On August 14, 2024, it was reported that students from 22 state-owned tertiary institutions were authorized to apply for loans following a review by the Student Verification System committee, raising the total number of approved state institutions to 108.

Here is a breakdown of the approved institutions and the amounts allocated:

- University of Maiduguri: N589,001,500

- University of Ibadan: N201,114,650

- University of Ilorin: N52,897,890

- University of Benin: N24,412,500

- Federal University, Dutsin-Ma: N304,961,800

- Bayero University, Kano: N853,775,000

- Federal College of Education, Abeokuta: N1,945,700

- Federal University of Technology, Minna: N62,928,600

- Obafemi Awolowo University, Ile Ife: N50,414,000

- Federal Polytechnic, Ilaro: N8,347,465

- University of Lagos: N122,494,400

- University of Jos: N209,320,000

- Federal College of Education (Technical), Gusau: N15,600,200

- Federal College of Education (Special), Oyo: N18,502,500

- Federal University, Dutse: N207,106,000

- Federal University, Birnin-Kebbi: N130,002,800

- Modibbo Adama University, Adamawa: N83,837,850

- Federal Polytechnic, Bauchi: N7,218,800

- Federal Polytechnic, Mubi: N2,045,500