President Tinubu has revealed that the Nigerian Education Loan Fund (NELFUND) has disbursed N104 billion to support 600,000 students as part of efforts to enhance the country’s education sector.
Speaking at the 42nd Founders’ Day and 33rd Convocation Ceremony of the Federal University of Technology, Minna, Tinubu, represented by Hajiya Rakiya Gambo Iliyasu, Director of Universities at the Federal Ministry of Education, reaffirmed his administration’s commitment to accessible and affordable education.
According to him:
“The NELFUND programme aims to provide financial support to students, bridging the gap between financial challenges and access to higher education. With this significant investment, the government is empowering students to pursue their academic dreams, driving human capital development, and fostering a knowledge-driven society,” he stated.
Additionally, the president announced an allocation of N940.5 billion to the Tertiary Education Trust Fund (TETFund) in the 2025 budget, emphasizing the government’s focus on improving educational infrastructure and manpower.
He also addressed key issues in the sector, including renegotiating the 2009 agreement with university staff unions and resolving salary concerns to ensure industrial harmony.
Tinubu assured Nigerian students of continued government support, aiming to equip them with the necessary skills and knowledge for innovation, economic growth, and national development.
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cc: Daily Post Ng
