x

NELFUND Disburses N280 Million in Interest-Free Loans to 3,000 Nasarawa State Students

The Nigerian Education Loan Fund (NELFUND) has disbursed N280 million in interest-free loans to 3,000 students from tertiary institutions in Nasarawa State. The announcement was made by NELFUND Managing Director and CEO, Akintunde Sawyerr, during a cheque presentation ceremony in Lafia, the state capital, on Wednesday.

Sawyerr highlighted that this initiative, undertaken in partnership with the Nasarawa State Human Capital Development Agency, is aimed at alleviating the financial burden faced by indigent students in accessing quality education. He urged beneficiaries to seize this opportunity to improve their future prospects.

The loan is designed to support students, especially those from disadvantaged backgrounds, by reducing financial barriers to higher education. Sawyerr emphasized the transparency of the loan application process and assured all eligible students across Nigeria that they can apply without concerns of bias.

Out of 12,000 applicants from Nasarawa State, 3,000 were approved after verification of their data. Sawyerr praised the Nasarawa State Human Capital Development Agency and its Director General, Habiba Suleiman, for their dedication to ensuring the success of the program.

“This marks a significant milestone in our partnership with Nasarawa State. Several institutions have completed the verification process, and we are now distributing cheques to those institutions,” Sawyerr said. He also noted that nationwide, 275,000 students have applied for the loans, with Nasarawa accounting for 12,000 applications, of which 3,000 have been approved, leading to the disbursement of N280 million.

The Acting Governor of Nasarawa State, Emmanuel Akabe, expressed gratitude to NELFUND for supporting students in the state and encouraged beneficiaries to utilize the loans effectively to secure a brighter future.

Habiba Suleiman, Director General of the Human Capital Development Agency, also commended NELFUND, the state government, and its leadership for their commitment to improving access to quality education. She further highlighted that the initiative reflects President Tinubu’s dedication to human capital development, stating that by making education more accessible and affordable, the program is paving the way for future generations to achieve prosperity.

Hot this week

PCRC Zone 4 Trains Members on Community Policing in Lafia

By Leo Zwanke, LafiaThe Police Community Relations Committee (PCRC),...

Minister Nnaji’s Certificate Scandal: CACOL Demands Immediate Sack and Prosecution

***By Jabiru Hassan**The Centre for Anti-Corruption and Open Leadership...

Coalition Praises Tinubu’s Reforms, Hails Tunji-Ojo’s Role in National Transformation

By Israel Adamu, JosA coalition of civil rights organizations...

Nigeria@65: Shendam Council Chairman Urges Youths to Embrace Technology, Innovation

By Israel Adamu, JosThe Chairman of Shendam Local Government...

Benue Not Among Worst Governed States in Nigeria — Gov Alia’s Aide Replies GGRI

By Isaac Kertyo, MakurdiThe Technical Adviser to the Benue...

Nasarawa Governor, Ministers Commend NCDC at Policy Review Retreat in Lafia

By Israel Adamu, JosThe Minister of Regional Development, Engr....

Kogi Assembly Swears In New Lawmaker, Hon. Hassan Shado Musa

By Noah Ocheni, LokojaThe Kogi State House of Assembly...

Gov Ododo Flags Off 2025 Immunization Campaign, Reaffirms Commitment to Polio-Free Kogi

By Noah Ocheni, LokojaThe Kogi State Governor, Alhaji Ahmed...

Ghana to Pull Women To 2025 African Women Conference in Nov

By Joyce Remi-BabayejuThe Republic of Ghana is set...

Dinfa: Only a Northern Christian President Can Protect Northern Christians

By Israel Adamu, JosThe National Coordinator of the Young...

The Role of the United States in the Iran–Israel Geopolitical Rivalry

By Diri Glory IdaerefaaThe Middle East has long been...

Related Articles

Popular Categories

spot_imgspot_img