The Nigerian Education Loan Fund (NELFUND) has announced that applications for the student loan scheme have surpassed one million, marking one of the largest uptakes for a government-backed social intervention since the beginning of the Tinubu administration.
Director of Strategic Communications, Nigerian Education Loan Fund, Oseyemi Oluwatuyi, said the milestone was achieved less than a year after the programme was launched on May 24, 2024.
He described it as evidence that the scheme is gaining strong national traction and public trust.