NewStats: 3,263,345 , 8,179,848 topics. Date: Thursday, 05 June 2025 at 03:12 PM 1y1u2s

The Nigerian Education Loan Fund (NELFUND) has given a breakdown of how it disbursed the sum of N2,026,163,340 as institutional fees to six tertiary institutions in the country.

In a post on its official X handle on Saturday, the Fund confirmed The Guardian story which listed the names of the six institutions of higher learning that got the fund.

The institutions include: the University of Ibadan, Bayero University Kano, University of Ilorin, University of Benin, University of Maiduguri and Federal University Dutsinma, Katsina State.

The Guardian observed that while Bayero University Kano received the lion’s share of N853,775,000, the University of Benin got the least amount of N24,412,500.

Managing Director of the Fund, Akintunde Sawyerr had earlier revealed that the institutional fees would cover over 20,000 students.

The Funds gave the breakdown of the amount among the six institutions as follows:

1. Bayero University Kano N853,775,000

2. University of Maiduguri N589,001,500

3. Federal University Dutsinma, Katsina State N304,961,800

4. University of Ibadan N201,114,650

5. University of Ilorin N52,897,890

6. University of Benin N24,412,500

https://guardian.ng/news/nigeria/national/full-list-6-institutions-receive-n2bn-students-loan/

We are waiting for the beneficiaries

The loan will go a long way

Nothing has been paid to my student fees ..

According to them, they only paid to the schools that are currently active/resumed.. I never see any students talk say he/she don confirm am.

I no won hear say na Audio loan or the money no reach my school oo. Bcus na Universities I see yet. If e no reach poly, eye go red o

As my school never resume, make I keep quiet first

Ok. Nice one

Well, two of my siblings are in Bayero University, for now, as per as I can say this na audio money

PBAT has taken 10000 steps to ease the burden of hardship on students

Now, even the indigent and one with no help at all can now do it all alone

People's president delivering on all his promises as agreed.

Nigeria and scam schemes eh

oloriibu ni boy Tinubu yii Sha

Cifan:
Who has gotten his Please

The money goes to the institutions, not to the students.

Assuming the money is being paid to the student, trust me, it will be riddled with fraudulent claims. No be naija again!!!😒😒😒

Government of policies

Money from oil in South South and South East. Watching in 3-D. Without government money those regions represented in the payment cannot survive. Not only in education. Even in their daily expenses. That's why they want to kill themselves grabbing power and government position.

We know those who work hard to send their children to school. Surprisingly, the do better in education and build solid businesses and great future for themselves in and outside the country.

Uhm

The North are always ungrateful.

How will it be if there is no more free money

Good.

dre11:

https://guardian.ng/news/nigeria/national/full-list-6-institutions-receive-n2bn-students-loan/

Where is University of Port Harcourt amd UniLag?

North will always come first in anything like this. The northern elites Should help their people.

As far as the north is concerned,any money from the federal government is a free money. North does not repay government loan. Ask emefiele the racket of the cbn anchor borrowers program. Funny enough, so many southern farmers never knew the program existed.

Why uniben own small like that
Na north Wey no value education nai pack all the money 😂😂💔

NW -2
NE - 1
NC - 1

SW - 1
SS - 1
SE - 0

NW - N1.15 billion
NE - N589 million
NC - N52.9 million

SW - N 201 million
SS - a palty N24 million (for the main generator of the money)
SE - N 0.00

Explain why SE got zero

And yet majority of the masses are not happy with his government. What an irony.

Quelme:
People's president delivering on all his promises as agreed.

dre11:

https://guardian.ng/news/nigeria/national/full-list-6-institutions-receive-n2bn-students-loan/

Na only these 6 Uni dey in session?? Abi na batch by batch payments??.
Meanwhile one get 800+Milla another get 24milla. That kind thing

Ko buru

Nigeria will be great again in this our lifetime.

Nonsense story. Gullible beneficiaries will wait till the day the sun clashes with planet earth!!

abfelicity91:
According to them, they only paid to the schools that are currently active/resumed.. I never see any students talk say he/she don confirm am.

I no won hear say na Audio loan or the money no reach my school oo. Bcus na Universities I see yet. If e no reach poly, eye go red o

As my school never resume, make I keep quiet first

It's not automatic dear brother. U will first apply for it and Ur school have to be among the beneficiary schools. It's not every student dat want to apply for the loan that's the reason y they didn't make it automatic

DevilsEqual:


PBAT has taken 10000 steps to ease the burden of hardship on students

Now, even the indigent and one with no help at all can now do it all alone

It's a loan. Are there jobs available for them to refund the loan when they are done schooling?