Abuja, Nigeria – E be like say NELFUND no wan carry last for education matter! Dem don disburse N140.9 billion in loans to students since dem launch their portal for May 24, 2024. Na correct report wey dem drop for Sunday via their official X handle. As e stand, 1,193,228 students don apply, but na 788,947 students don collect the money to pay for their school fees. Chai! If dem no sabi this one, wetin dem sabi?
As of November 12, 2025, NELFUND yan say dem get 35,773 new applications for the week alone, with 3,367 fresh applications coming in on just that day! E be like say dem dey feel the pressure to give everybody school fees (we fit waka go school without pressure?). This na 0.3% increase from the previous day, so something dey happen!
Dem don pay N140,884,471,740 to 262 schools as tuition fees. This money include N88,947,000 for institutional fees and big N53,776,000,000 wey dem use for students upkeep allowances. Na wah! Who go talk say education no dey important for Nigeria?
PUNCH Online don already drop gist say NELFUND plan to extend their student loan scheme go cover vocational and skills acquisition programmes. Dem Managing Director, Akintunde Sawyerr, talk am during interview with News Agency of Nigeria. E say this extension dey align with Federal Government agenda wey no just dey focus on the normal university education alone. Na serious plan, wey be say President Bola Tinubu mean business for human capital development!
Sawyerr talk say for Nigeria to shine, we go need balance between academic competence and technical skills. “At NELFUND, we dey support vocational skills. We never start this side yet, but the President Tinubu administration don assure everybody say dem go dey cover all the skills matter.” Omo! E get as e be oh!
No be so? As we dey chop palm wine and gist, make we remember say education na the key. So if you dey think say na only university graduate go fit shine for this country, think again. Skill acquisition na the new flex!
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