The Nigerian Education Loan Fund (NELFUND) has disbursed monthly stipends of N20,000 for July to 20,371 students across six tertiary institutions.
Mr Akintunde Sawyerr, Managing Director of NELFUND, said the disbursement reinforces President Bola Ahmed Tinubu’s commitments to supporting Nigerian students by ensuring financial stability throughout their academic journey.
According to a statement from the Fund, signed by Director of Finance and Accounts, Mr Ibom Uche, students from the institutions whose fees have been paid by NELFUND have started receiving the July stipends.
The institutions whose include: Bayero University, Kano, Federal University Dutse -Ma, Katsina, University of Ilorin, Kwara, University of Benin, Edo, University of Ibadan, Oyo and University of Maiduguri, Borno.
Uche, said NELFUND was also working to initiate the payment process for students from about 55 additional tertiary institutions, with completion anticipated within the next two weeks.
Additionally, the President has committed a further N50 billion from recovered proceeds of crime to support the initiative.
-9News Nigeria.
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi
The economic crisis and hardship in Nigeria are parts of the discussion.
Watch, leave your comments, and share to create more awareness on this issue.
#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com