Home News NELFUND Disburses N2bn to 6 Institutions
News

NELFUND Disburses N2bn to 6 Institutions

Share
NELFUND Disburses N2bn to 6 Institutions | Daily Report Nigeria
Share

The Nigerian Education Loan Fund (NELFUND) has announced the disbursement of N2,026,163,340 to six institutions as institutional fees.

NELFUND released the list of beneficiary institutions on its official social media handle on Saturday.

The institutions that received the disbursement include the University of Ibadan, Bayero University, Kano, University of Ilorin, University of Benin, University of Maiduguri, and Federal University, Dutsinma, Katsina.

According to the NELFUND, Bayero University, Kano, received the highest disbursement of N853,775,000, followed by the University of Maiduguri, which received N589,001,500. The Federal University, Dutsinma, Katsina, received N304,961,800.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

READ ALSO: N850m loan released to students for school fees

Other institutions that received disbursement included the University of Ibadan, which got N201,114,650, the University of Ilorin, which received N52,897,890, and the University of Benin, which got N24,412,500.

NELFUND stated that the disbursement was part of its strategic effort to ensure that students who need financial assistance can continue their education without the burden of financial constraints.

It explained that the disbursement will cover over 20,000 students and ensure that they can proceed with their academic activities without any hindrance.

The agency also stated that the disbursement will bring peace of mind to the students and their families, allowing them to focus on their academic pursuits without worrying about financial constraints.

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Tinubu Opens Up About Struggles in Office: 'I Almost Ran Away' | Daily Report Nigeria
News

Tinubu Opens Up About Struggles in Office: ‘I Almost Ran Away’

President Bola Ahmed Tinubu revealed he almost gave up reading newspapers due...

Ezekwesili Slams Down Bribery Claims, Reaffirms Support for Natasha | Daily Report Nigeria
News

Ezekwesili Slams Down Bribery Claims, Reaffirms Support for Natasha

Former Minister of Education, Oby Ezekwesili, has strongly denied claims that she...

Former Deputy Gov of Plateau State Passes Away | Daily Report Nigeria
News

Former Deputy Gov of Plateau State Passes Away

Former Plateau State Deputy Governor, Professor Sonnie Gwanle Tyoden, has died at...

Catholic Leaders Rebuke Trump Over AI-Generated Image in Papal Attire | Daily Report Nigeria
News

Catholic Leaders Rebuke Trump Over AI-Generated Image in Papal Attire

Donald Trump shared an AI-generated image of himself dressed as the Pope,...