Students Loan: FG explains delay in take-off, sets March takeoff day

The Federal Government has set the month of March for the definite opening of the Nigeria Education Loan Fund (NELFund) portal for eligible students.

The Execute Secretary NELFund, Dr Akintunde Sawyerr, who disclosed this in an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja, urged eligible students to register to access the fund.

On June 12, 2023, President Bola Tinubu signed the Access to Higher Education Bill into law to enable indigent students to access interest-free loans to pursue their education in any Nigerian tertiary institution.

The scheme was slated to commence between September and October 2023, but because of unforeseen circumstances, there was a revised timeline to January.

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