₦174bn Don Drop for School Matter: NELFUND Share Loan Give 800,000 Students, Say “No Be Only Rich Pikin Go School”

NELFUND oga at the top, Mr. Akintunde Sawyerr, don yarn say Federal Government don already release ₦174 billion student loan give more than 800,000 Nigerian students since the programme start for May 2024. According to am, this loan no be wash-wash gist, na real money wey don help students for 263 tertiary institutions across Nigeria.

As Sawyerr talk am, this one na better opportunity for Nigerian youths make dem no allow money wahala block their education road. If school fees dey worry you, this loan fit be your academic life jacket. No be everybody papa get bundle, but everybody deserve chance to learn.

He still emphasize say the scheme dey follow President Bola Ahmed Tinubu vision wey talk say poverty no suppose stop any Nigerian from getting quality higher education. As e be now, school no be privilege again, na right — at least on paper and with loan support.

School Fees Straight to School, Upkeep Enter Student Pocket

Sawyerr break am down say out of the ₦174bn, more than ₦100bn don go straight to schools as tuition fees, so no story, no excuse, no “come back next semester.” Schools collect their own direct, students no need middleman.

The remaining ₦70bn plus na for students upkeep — the small-small money wey dey help with food, transport, and handout. Each student dey collect ₦20,000 monthly, no be luxury money, but e fit save you from borrowing garri money or doing night shift tutorial you no sabi.

According to am, this method help reduce school wahala and make sure say money reach where e suppose reach. No be one person go collect am chop, another person go owe school. Everybody get him own share, clean and clear.

6,000–7,000 NELFUND Applications Daily: Students Don Rush Loan Like Free Wi-Fi

NELFUND MD still reveal say dem dey receive between 6,000 to 7,000 applications every day. This one show say Nigerian students don wake up and no dey dull again. As economy hard, opportunity soft — everybody dey rush am sharp-sharp.

He use the sensitisation programme for Ogun State Institute of Technology, Igbesa, for Ado-Odo/Ota LGA, Ogun State take ginger students make dem apply once dem don secure admission into government-owned tertiary institutions. According to am, the process dey transparent and the payment dey go direct.

Sawyerr conclude say the loan don already benefit universities, polytechnics, and colleges of education, and NELFUND no plan slow down. Message clear be say: if you get admission but money no dey, no fold hand — apply. School no suppose end your dream because bank balance dey on strike.