Abuja, Nigeria – Di Nigerian govt don finally drop di long-awaited news for all di student dem wey dey hustle for school fees. Dem don announce say di portal for di Nigeria Education Loan Fund (NELFUND) go open on 23 October 2025 and go close on 31 January 2026. Na wetin we supposed hear for dis kind time, abi? (Better late than never, sha!)
NELFUND na di goment initiative wey dem introduce for 2024. E dey aimed to help students wey no fit pay dia school fees. E no be free money o, dem go still collect am back after graduation. E fit no sweet but wetin dem wan make we do?
As per di circular wey dem release on Monday, NELFUND talk say dem don already receive 795,321 applications. E mean say pipo dey eager to collect di loan, abi na dem no get choice? (Quoting Fela, ‘Poverty na my mate!’).
To access di loan, you gats first visit di NELFUND website and fill out di application. No worry, e no dey hard. You fit use your school name and matriculation number, or even better, use your Admission Number or JAMB Registration Number! Dem dey try to make am easier for fresh students.
After you apply, dem go verify whether you dey qualify before dem go disburse di funds. Di Managing Director, Akintunde Sawyer, talk say e no be say dem go drop di money for your hand gidi gidi. Di funds go land directly for your school account for fees, and di upkeep money go enter your personal account. Handy or wahala?
Omo, dem no go just give you di money like dat. Dem go still dey check how much be your tuition fees and oda payments wey you gats cover. If you no fit pay back di loan when e reach time, e go fit land you for plenty gbege. You fit face penalties, or even better, dem go dem collect 10% of your salary if you find job after you don finish school. Better start to yarn well with your future boss o!
Sawyer still make us sabi say dem go give students monthly stipend wey go chop body. How much be dat one? Hmmm, dem no talk but e no go pass some amount. If person decide say e no go pay back, na wahala be dat! Di law stated say e fit carry heavy fines or even prison time. Na so e be for Naija, abi?
So, all students wey don dey glance at dis opportunity, make you set your alarm for 23 October. Prepare all your documents well, because dis no be time for slacking. Dem wan make sure say any student wey clear di application fit get wetin dem need if dem qualify.
Omo, make dem no turn your education to wahala o! Time dey go, so use am wisely. Remember, proper preparation no be waste of time! NELFUND dey here to save di day, one loan at a time.
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