Nigerian Education Loan Fund (NELFUND), di government agency wey dey handle student loans, don share N23 billion give 128 tertiary institutions and plenty students for Nigeria.
Di Managing Director, Akintunde Sawyerr, tok say N18 billion go di schools directly, while N5 billion dey for students’ upkeep.
NELFUND na federal government initiative wey dem create to make sure say students no drop out from school because of money wahala.
Students dey register for di loan online, and all di approval process dey happen online too.
Sawyerr reveal say so far, 326,000 people don apply for di loan, wey dem fit apply only once a year. If dem approve di loan, NELFUND go dey pay di students upkeep money every month straight to their bank accounts.
READ MORE RECENT NEWS HERE https://naija102.com/nnpcl-invite-ex-president-obasanjo-make-e-visit-refineries-wey-dey-work/
