?900 Million Disbursed to Kwara Students Under Federal Government Loan Scheme

Date: 2025-03-13

The Managing Director of the Nigeria Education Loan Fund (NELFUND), Akintunde Sanya, has disclosed that thousands of students from Kwara State have benefited from the federal government's student loan scheme. Approximately ?900 million has been disbursed to public institutions within the state under this initiative.

Speaking in Ilorin, the state capital, through the Director of Operations, Mustapha Iyal, during a sensitisation programme targeting tertiary institution students in Kwara, Sanya revealed that NELFUND has received 400,000 applications from Nigerian institutions since its operations began, with 70 per cent of these applications approved.

The programme aims to provide financial support to students, enabling them to pursue higher education without undue financial strain. This effort aligns with the federal government's commitment to enhancing access to quality education across the country.

The event, themed “Empowering Students Through Financial Inclusion and Entrepreneurship,” was organised by NELFUND in collaboration with the Office of the Special Adviser to the Governor on Education, Policy Formulation and Human Capital Development, Dr Adetola Ariyike Salau.

In his speech, Governor Abdulrahman AbdulRazaq said the federal government's student loan policy offers hope to children from low-income families, enabling them to access quality higher education.

AbdulRazaq commended President Bola Ahmed Tinubu for the initiative, noting that it would tackle a major challenge hindering young people from acquiring tertiary education.

He added that his administration is partnering with NELFUND on sensitisation efforts to ensure that students across educational institutions in the state benefit from the scheme.

“There is a lot to be grateful for. The federal government has created this opportunity to address a major challenge—lack of funding—which prevents many youths from accessing quality education. This initiative is not just about money but about empowerment,” the governor said, through his representative, Dr Salau.

“We will be rolling out more programmes, including mentorship and skills development initiatives across various centres in the state. It is crucial that students acquire the right skills to be employable after graduation. Our partnership with NELFUND will ensure this programme is effectively implemented.”

Vice Chancellor of the University of Ilorin, Prof Wahab Egbewole, described the initiative as a relief for parents responsible for paying their children's tuition fees.

Represented by Deputy Vice-Chancellor (Management Services), Prof Adegboyega Fawale, Egbewole urged students to enrol en masse and take advantage of the opportunity.

Meanwhile, Vice Chancellor of Muhammad Kamaldeen University called on the federal government to explore ways to incorporate private institutions into the NELFUND scheme, stating that their students, as bona fide Nigerians, should also benefit.

Other speakers at the event, including deans of student affairs from various institutions, encouraged students to explore the loan scheme to further their education and enhance their career prospects.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ahmed Saidu Rufai     S.O. Opowoye     NFAI     Ayodele Olaosebikan     Olushola Saraki     Kwarareports.com     Kwara Teaching Service Commission     Salman Suleiman     Muhammed Mahe Abdulkadir     Zulu Gambari     Fatima Abolore Jimoh     Olabode Towoju     Ayo Adeyemi     NTA Ilorin     Lateef Fagbemi     Shehu Alimi Foundation For Peace And Development     Yahaya Dumoye     Shettima Of Ilorin     Kayode Zubair     Rachael Obisesan     Ahmed Bayero     Olofa Of Offa     Sulu Babaita Isiaka     Ilorin Innovation Hub     Mujtabah Bature     NNPP     Afetu Of Alabe     Towobola Abdulrahman Toyin     Alfa Modibbo Belgore     Eghe Igbinehi     Kwara Muslim Pilgrims Welfare Board     Musa Ayinla Yeketi     Gobir     Wole Oke     Ahmed Bolaji Nagode     N-Power     Olomu     Suleiman Rotimi Iliasu     Abatemi Usman     National Union Of Road Transport Workers     Ibrahim Abikan     Share-Tsaragi     Yahaya Seriki Gambari     Oloje     Jalala     David Adesina     Abdulrauf Yusuf     Owode Market     Principal Private Secretary     Riskat Opakunle     Maja     Col. Taiwo     Salihu Jibril Garbi     Kwara State Geographic Information Service     Femtech     Senior Staff Union Of Colleges Of Education     Rice Farmers Association Of Nigeria     Senate     Yekini Adio     TETFUND     Kayode Ogunlowo     Kwara State Pension Board     Otuka     Alabi Olayemi Abdulrazak     Aisha Ahman-Pategi     Saheed Akinwumi     Kwara State Government     Kwara Apc     Babatunde Ajeigbe     Yinka Aluko     AGF Abdulrazaq     Crystal Corner Shops     Siraj Oyewale     Kayode Yusuf     Abdulmumini Sanni Jawondo     PAACO-PCL Consortium     AbdulRazaq Jiddah    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Elerin Of Erin-Ile     Iyabo Adisa Ibiyeye     Bayo Onimago     Victor Gbenga Yusuf     Oba Of Jebba     Olugbense     Alfa Yahaya Road     Baruten     Muslimah Entrepreneurship Forum     Yusuf Aiyedun     Vishvas KOZ Tractors     Ayo Adeyemi     Mohammed Halidu     Yahaya Oloriegbe     UITH     Paul Odama     Olokoba     Ishola Abdullahi     Yahaya A Paniyaro     Odo-Owa     MalHub     Mufti Of Ilorin     Abdulmumini Sanni Jawondo     Mohammed Jimoh Faworaja     Busari Toyin Isiaka     Dunmade     Olabode Towoju     Kolawole Akande     Alapado     Toyin Sanusi     Mamatu Abdullahi     Dauda Adesola     Ilorin     Apado     Prince Mahe Abdulkadir     JAAC     Titus Suberu-Ajibola     Standard Organization Of Nigeria     Road Transport Employers Association Of Nigeria     Onikijipa     Abdulquawiy Olododo     Yomi Ogunsola     Kale Bayero     Wahab Egbewole     Women For Change And Development Initiative     Olatunde Michaels     AbdulRazaq Abubakar Jiddah     Adeleke Ogungbe     Kaiama     KWTV     Kpotum Mohammed Baba     Roseline Oni Aremu     Garba Idris Ajia     SAPZ Project     Salman Alada     Akume     Cassava Growers\' Association     Suleiman Abubakar     Sai Kayi     Yusuf Olaolu Ali     Simon Sayomi     Abdulrauf Aliyu     All Confederation Of Principals Of Secondary Schools     Oloyede     Bursary     Florence Saraki     Olayinka Oladapo Jogunola     Issa Oloruntogun     Shade Omoniyi     Special Adviser On Digital Innovation     Suleiman Rotimi Iliasu     Jide Ashonibare     Ilorin General Hospital     Abegunde Goke     Mashood Dauda     Oba Abdulraheem     Unilorin