Breaking: FG Disburses New Round Of Student Loans To 40 Institutions

The Nigerian Education Loan Fund (NELFUND) has disbursed student loans to 40 additional institutions, bringing the total number of beneficiaries to 59.

In an announcement posted on NELFUND’s X (formerly Twitter) account on Friday, September 6, 2024, the organization shared the update, stating:

“NELFUND is pleased to announce that it has successfully disbursed Student Loans to 40 additional institutions, bringing the total disbursements to institutions to 59. This expansion marks a significant milestone in NELFUND’s ongoing commitment to providing access to quality education for all Nigerian students, regardless of their financial circumstances.”

The expansion is seen as a major step in ensuring more Nigerian students benefit from the government’s educational loan initiative.

See full list of institutions and amount received below:

1. Federal Polytechnic Nekede, Imo State – N368,400
2. Federal University of Health Science, Ila Orangun, Osun State – N7,448,000.00
3. Federal University Wukari, Taraba State – N97,398,000.00
4. Olabisi Onabanjo University, Ogun State – N7,265,000.00
5. University of Ibadan, Oyo State – N9,797,450.00
6. Osun State University, Osun State – N218,954,500.00
7. Usmanu Danfodio University, Sokoto State – N226,931,440.00
8. Zamfara State University, Zamfara State – N2,340,800.00
9. Delta State University Abraka, Delta State – N45,973,600.00
10. Abraham Adesanya Polytechnic, Ogun State – N7,846,500.00
11. Ebony State University, Eboni State – N78,313,000.00
12. Emmanuel Alayande University of Education, Oyo State – N4,050,500.00
13. Federal Polytechnic Bali, Taraba State – N2,589,000.00
14. Federal University of Agriculture Abeokuta, Ogun State – N133,995,450.00
15. Federal University of Health Science Azare, Bauchi State – N14,170,000.00
16. Federal University Gusau, Zamfara State – N218,554,000.00
17. Federal University of Technology Ikot-Abasi, Akwa Ibom State – N6,308,000.00
18. Lagos State University of Education, Lagos State – N14,378,000.00
19. Moshood Abiola Polytechnic, Ogun State – N3,485,000.00
20. Ogun State Institute of Technology, Ogun State – N5,907,998.00
21. Tai Solarin University of Education, Ogun State – N10,802,000.00
22. University of llesa, Osun State – N98,871,500.00
23. University of Portharcourt, Rivers State – N66,906,030.00
24. Gombe State University, Gombe – N3,621,000.00
25. Abia State University, Abia State – N12,469,500.00
26. Federal University of Technology Babura, Jigawa State – N64,565,000.00
27. Nigerian Army University Biu, Borno State – N45,138,500.00
28. Abubakar Tafawa Balewa University, Bauchi State – N256,912,600,00
29. Micheal Okpara University of Agriculture, Umudike, Imo State – N71,016,220.00
30. Yusuf Maitama Sule University, Kano State – N4,297,178.00
31. Bauchi State University, Bauchi – N12,628,500.00
32. Yaba College of Technology, Lagos State – N733,000.00
33. Hussaini Adam Federal Polytechnic Kazaure, Jigawa State – N621,256.80
34. Ignatius Ajuru University of Education, Rivers State – N107,245,000.00
35. Federal University of Technology Akure, Ondo State – N34,428,000.00
36. Ladoke Akintola University, Oyo State – N8,670,000.00
37. Kogi State University, Kabba, Kogi State – N10,820,650.00
38. Niger State Polytechnic, Zungeru, Niger State – N4,535,000.00
39. Alex Ekwueme Federal University Ndufu, Anambra State – N193,377,100.00
40. Federal University of Health, Science Otukpo, Benue State – N32,450,844.00