The Nigerian Education Loan Fund (NELF) has confirmed May 24, 2024 as the official date for “the opening of a portal for student loan applications”.
This was disclosed in a statement signed by the media lead of the Fund, Nasir Ayantogo said.
Ayantogo noted that the opening of the application portal marks a significant milestone in the commitment of President Bola Tinubu to” fostering accessible and inclusive education for all Nigerian students.”
On June 12, 2023, Tinubu signed the Access to Higher Education Act, 2023, into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution.
The move was in “fulfilment of one of his campaign promises to liberalise funding of education,” a member of the then Presidential Strategy Team, Dele Alake, said.
The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to process all loan requests, grants, disbursement, and recovery.
Although the government initially announced that the scheme would be launched in September, it suffered several delays, leading to an indefinite postponement in early March.
The Presidency had linked the delay to Tinubu’s directive to expand the scheme to include loans for vocational skills.
| Posted: at | |
gogoman
fineboy77
TRENDING GISTS 
Peter Obi Demands Justice, Accountability Over Killing Of Soldiers In Aba
Suspect Andrew Amaechi Ochekwo in Friends’ Disappearance Killed; Linked to Organ Harvesting
VID: Food Vendor Cries Out After Delivery Man Ate The Food She Sent Out To A Customer 
B. Dortmund v Real Madrid: UEFA Champions League Final Match,Team News,Goal Scorers and Stats
Abia State Govt Places N25m Bounty on Killers of 5 Soldiers in Aba
Photo of Woman Passionately Kissing Grown up Son on His Birthday in Her Husband's Presence