500,000 students now benefitting from Tinubu’s education loan fund – FG

Alhaji Mohammed Idris, Minister of Information and National Orientation, says more than 500,000 students are currently benefitting from the National Education Loan Fund (NELFUND).

Idris spoke on Monday at a press conference in Abuja to mark Nigeria’s 65th independence anniversary.

He said the initiative, launched under President Bola Tinubu’s administration, covers tuition and upkeep fees for students in universities, polytechnics, and colleges of education.

“As we speak, more than 500,000 students of tertiary institutions – universities, polytechnics, and colleges of education, are already benefitting from the National Education Loan Fund (NELFUND), in which tuition and upkeep fees are paid for by the federal government,” Idris said.

The minister said the fund represents an unprecedented milestone in Nigeria’s history and reflects the administration’s commitment to human capital development.

He added that Tinubu’s broader reforms are designed to promote prosperity, peace, and unity under the Renewed Hope Agenda.