Abuja, Nigeria – Na dem news wey dey sweet for ear! The Nigerian Education Loan Fund (NELFUND) don carry matter wey go change the game to National Assembly. Dem dey call for bigger support and gree make sure say their 25 per cent allocation no be only on paper.

From January 1, 2026, dem go start to implement this new development levy wey come as part of the National Taxation Act. Dis levy go chop 4 per cent from taxable companies’ profits, but no worry, small businesses and foreign companies no go collect wahala for this one (because we no fit stress dem too).

Under this new system, NELFUND go dey collect 25 per cent of this levy – which mark serious chance to increase how edu-mah-cation sho naija students fit get their school gist. Mr. Akintunde Sawyer, the Managing Director of NELFUND, don yan say if everything dey done timely and if dem fit work together, dem fit really change how students dey access affordable education loans.

Sawyerr, the man wey dey lead the charge, don talk say dem get big plans. Dem dey ready to launch nationwide sensitization to tell students, families, and schools how to sabi collect dis education loans wey them get. Plus, dem dey plan to invest for digital platforms wey go help make the loan process easy-breezy. No more wahala to apply for loans – dem go make am user-friendly! (Im be like saying dem don finally see approach wey fit work.)

Dem no go stop for digital things o! NELFUND dey also plan to partner with schools for better loan management and repayment systems. E go ensure say even those wey dey on the outskirts of town no go miss out on dis education opportunity. No student suppose carry last – everybody suppose shine their eye!

“This 25 per cent allocation na big step forward. E go open door for plenty students to grab their future with both hands,” Sawyerr talk. But e still caution say for everything to work, National Assembly gatz gree and the Ministry of Finance go need to do their own work too.

“We go remain accountable and make sure every naira wey dem give us dey go straight to support education for all. Our future na im dey depend on dis,” im conclude. If dis plan no work, then wetin we dey do for this life abeg?