By Abiodun Lawal
MORE than 1,300 students of Federal University of Agriculture, Abeokuta (FUNAAB) received loans totalling N133 million from the Nigeria Education Loan Fund (NELFUND) in 2024, the institution’s Vice-Chancellor says.
The Vice-Chancellor, Prof. Olusola Kehinde, said at a news conference in Abeokuta on Wednesday that more funds were still being awaited for another batch of students numbering 1,638.
The News Agency of Nigeria (NAN) reports that NELFUND’s establishment was part of the attention being paid to education in the Renewed Hope Agenda of President Bola Tinubu’s government.
The loan scheme is aiming to help Nigerian students achieve sustainable higher education and functional skills development.
Kehinde said the funding being awaited for the additional 1,638 students would take the total number of students who have benefitted from NELFUND to over 3,000.
“We got N133 million from NELFUND for the school fees of about 1,300 students for 2024.
“So, we encourage our students, we give them information and we are expecting more even in this session.
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“We are encouraging the students through our Information Communication Technology (ICT) centre. We let them know that NELFUND is available and what to do to assess it,” he said.
The Vice-Chancellor said the institution was assisting the students to apply through the use of the ICT centre.
“NELFUND will also send us a list of the students and ask us to confirm and within 48 hours we do our confirmation and send back to them.
“So, now we can say that in FUNAAB, NELFUND is working, and we are happy about that,” he added. (NAN)