?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.

Michael Nzekwe     Saheed Alakoso     Presidential Election     Saliu Ajia     Iyaloja-General     Abdulazeez Uthman     Femtech     Isaac Aderemi Kolawole     Muhammad Sirajo Aliyu     Bureau Of Lands     Centre For Peace And Strategic Studies     Olaosebikan     Code Of Conduct Tribunal     Kolo     Abraysports FC     Turaki Of Ilorin     Kwara State University Of Education     Aso-ofi     Abdulmalik Bashir Mopelola Risikatullahi     Gbajabiamila     Babajide Ajayi     Segun Olawoyin     Yusuf Abdulkadir     TETFUND     Salihu Ajia     Sam Okaula     Dasuki Belgore     David Adesina     Ndakene     Maimunat Oloriegbe     Facemasks     Omoniyi M. Ayinla     Marufat Oladosu     Oyin-Zubair     Share-Tsaragi     Abubakar Baba Sulaiman     Mohammed Ghali Alaaya     Onikijipa     Maja     Student Learning Support Helpline     Okanlawon Taiwo     Ella Supreme Tissue Paper     Lithium Deposit     Olajumoke Monsura Gafar     Maryam Nurudeen     Saadatu Modibbo-Kawu     Babs Iwarere     Arik     Sarkin Malamai     Iyeru Grammar School     LAK Jimoh     Ibrahim Gambari     Tunde Mukaila Mustapha     Moshood Kashimawo Abiola     Vasolar-Kwara Company Ltd     Offa Poly     QuickWin     Ilofa     Sadiq Buhari     Abubakar Baba     KWSUED     Lai Mohammed     UNILORIN Alumni     Kayode Bankole     Okiki     Ramat Oganija     Raji AbdulRasaq     KWTV     Ahmed Shuaib Buranga     Nurudeen Mohammed     AbdulGaniyu Kareem     Tinubu     Abdulrasheed Akogun     Kupchi Hosea Maxwell     Prince Sunday Fagbemi     Abdulsalam A. Yusuf     Ayo Opadokun    

Cloud Tag: What's trending

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

Ghali Muhammed     Sun Qing Rong     Yusuf Abubakar     Bahago     Adamu Jemilat-Baki     Yoonus Kola Olatinwo     Moses Rahman Popoola     Muhammad Ghali Alaaya     Saliu Alamoyo     Olusola Saraki     Salihu S. Yaru     Al-Hikmah Radio     Col. Ibrahim Taiwo     Hydroelectric Power Producing Areas Development Commission     Rotimi Oyedepo     Centre For Community Empowerment And Poverty Eradication     Aliyu Olatunji Ajanaku     Yahaya A Paniyaro     March 28     Salihu Ajibola Ajia     Adaramaja     Mohammed Khadijat Kubura     Laolu Saraki     Jumoke Gafar     Tosho Yaqub     Chikanda     Ubandawaki     CCB     Jide Ashonibare     KWSIEC     Basic Education Certificate Examination     Umar Danladi Shero     Grillo     Kwara Basketball Association     NIPR     Elerin Of Adanla     Special Agro-Industrial Hub     Bello Abubakar     Offa Grammer School     Dairo Kunle Paul     Rafiu Olasile     Ariyo     Ibrahim Oniye     Sobi Specialist Hospital     Ibrahim Issa Jetti     Wale Oladepo     Sa\'adu Salahu     Ilorin East     Saadu Gbogbo Iwe     Moshood Mustapha     Idofin     Ibrahim Kayode Adeyemi     Eleja Taiwo Banu     Olatunde Jare     Saliu Oluwole     Muhammad Mustapha Suleiman     Maryam A. Garuba     Oba-Solagberu     QuickWin     Oko-Erin     Lai Gobir     Modibbo Kawu     Abdulrazaq Magaji     Isapa     John Mayokun Dada     Omotoso Musa     Emir Of Kano     EFCC     Balogun-Ojomu     Taibat Ayinke Ahmed     Amoyo     Saka Saadu     Bilikis Oladimeji     Adesina Simon Sodiya     Oasis Muslim Care Foundation     Sheikh Ridhwanullah El-ilory     Shuaib Jawondo