The Federal University of Agriculture, Abeokuta (FUNAAB), says it has received the sum of N133 million from Nigeria Education Loan Fund (NELFUND).
Prof. Olusola Kehinde, the University Vice-Chancellor disclosed this at a news conference in Abeokuta on Wednesday.
Kehinde noted that 1, 300 students of the institution school fees were paid by NELFUND in 2024.
As part of the President Bola Tinubu-led government’s Renewed Hope Agenda, more attention is being given to education, especially with the establishment of the Nigeria Education Loan Fund, (NELFUND).
The scheme is to help Nigerian students achieve sustainable higher education and functional skill development.
The vice-chancellor stated that the institution was waiting for the funding for additional 1,638 students, making a total of over 3,000 students that had accessed NELFUND.
“We are currently waiting for funding for 1,638 , making a total of over 3,000 of our students that have accessed NELFUND .
” We got N133million from NELFUND for about 1,300 students school fees for 2024
” We encourage our students, we give them information and we are expecting more even in this session.
” We are encouraging the students through our Information Communication Technology (ICT) centre, we let them know that NELFUND is available and what to do to assess it.
” At the ICT centre, they are assisting them to apply . NELFUND will also send us a list of the students and ask us to confirm and within 48 hours we do our confirmation and send back to them.
” So, we can say that in FUNAAB, NELFUND is working, we are happy about that,” he said.
