Nelfund : ce qu'il faut savoir

Nelfund en Nigeria fait l'actualité ce jeudi. Selon Nairametrics, the Nigerian Education Loan Fund (NELFUND) has identified N927.98 million in unpaid upkeep allowances owed to 11,685 students following a reconciliation exercise.

Les faits

• The Nigerian Education Loan Fund (NELFUND) has identified N927.98 million in unpaid upkeep allowances owed to 11,685 students following a reconciliation exercise.
• NELFUND warns students about a fraudulent registration portal.
• Avoid this NELFUND scam and use only official channels for your interest-free loan.
• Enacted under the Student Loan (Access to Higher Education) Act, 2024, signed by Tinubu, the NELFUND loan is an interest-free student loan.
• The Nigerian Education Loan Fund — commonly called NELFUND — was established by the Federal Government to solve exactly this problem.

L'essentiel

Punch Newspapers indique que NELFUND warns students about a fraudulent registration portal. D'après Punch Newspapers, Avoid this NELFUND scam and use only official channels for your interest-free loan. Comme le souligne Punch Newspapers, Enacted under the Student Loan (Access to Higher Education) Act, 2024, signed by Tinubu, the NELFUND loan is an interest-free student loan. Selon Insightnortheastng, the Nigerian Education Loan Fund — commonly called NELFUND — was established by the Federal Government to solve exactly this problem.

Les chiffres

Nairametrics indique que Also speaking at the briefing, the Executive Director of Operations at NELFUND, Mustapha Iyal, said the outstanding upkeep payments represented a small fraction of beneficiaries from the more than 400,000 students covered during the 2024/2025 academic session. D'après Nairametrics, the NELFUND managing director said the agency was also exploring partnerships with philanthropists, corporate organisations, and government agencies, citing a N20 billion collaboration with the Ministry of Education on Technical and Vocational Education and Training as an example. Comme le souligne Nairametrics, NELFUND’s student loan programme has seen strong engagement from school authorities, with more than 200 tertiary institutions submitting updated student data for the 2025/2026 academic session. Selon Insightnortheastng, In this guide, we explain what NELFUND is, how it works in 2026, who qualifies, how to apply, what happens after graduation, and everything else you need to know before applying for a student loan in Nigeria.

Ce qu'ils disent

“These include N89.94 billion paid directly to 263 tertiary institutions for tuition and institutional fees, and N72.03 billion paid directly to students as upkeep allowances,” he added. (Nairametrics) “After the 2024/2025 academic session revealed that 11,685 students had outstanding upkeep payments amounting to N927.98 million,” he said. (Nairametrics)

Le contexte

Selon Insightnortheastng, the Nigerian Education Loan Fund (NELFUND) was created under the Student Loans (Access to Higher Education) Act 2023, signed into law by President Bola Tinubu. Insightnortheastng indique que Unlike commercial loans which charge 25–30% interest annually, NELFUND carries 0% interest. D'après Insightnortheastng, a deduction of 10% of your monthly salary is automatically remitted by your employer to NELFUND. Comme le souligne Insightnortheastng, 📌 Private university students are currently not covered under the NELFUND scheme as of 2026.

Recherches associées

Les recherches associées qui dominent la conversation : Nigéria : Un magnat de la banque nommé à la tête du fonds public dédié à l’éducation • Des prêts sans intérêt accessibles aux étudiants dans ce pays africain - YOP L • Nigéria: Bola Tinubu entérine un programme de prêts à faible taux aux étudiants.

À retenir

• The Nigerian Education Loan Fund — commonly called NELFUND — was established by the Federal Government to solve exactly this problem.
• The NELFUND managing director said the agency was also exploring partnerships with philanthropists, corporate organisations, and government agencies, citing a N20 billion collaboration with the Ministry of Education on Technical and Vocational Education and Training as an example.
• The Nigerian Education Loan Fund (NELFUND) was created under the Student Loans (Access to Higher Education) Act 2023, signed into law by President Bola Tinubu.
• Recherches qui explosent : Nigéria : Un magnat de la banque nommé à la tête du fonds public dédié à l’éducation, Des prêts sans intérêt accessibles aux étudiants dans ce pays africain - YOP L, Nigéria: Bola Tinubu entérine un programme de prêts à faible taux aux étudiants.