The management of Nigeria Students Loan Fund (NEFUND) has given approval for the disbursement of loans to deserving students.
This is coming after the maiden meeting of the board led by Jim Ovia on Wednesday in Abuja.
The meeting marked a significant milestone in the organisation’s commitment to empowering students through financial support.
A statement from the Fund said, “This decision underscores President Bola Ahmed Tinubu’s dedication to providing timely and essential financial assistance to students in need, enabling them to pursue their educational goals without undue financial stress.
“By approving the immediate disbursement of the loans, NELFUND is taking a critical step in fulfilling its mission to support education and empower the next generation of leaders.”
The inaugural meeting also set the stage for future initiatives aimed at enhancing educational opportunities and providing comprehensive support to students across various disciplines.
Also present at the meeting were the management of the fund led by the managing director/CEO, Mr Akintunde Sawyerr and representatives of member organisations.
