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NELFUND: No Student Loans For South-East Students As Institutions Delay Verification

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NELFUND: No Student Loans For South-East Students As Institutions Delay Verification

The Nigerian Education Loan Fund (NELFUND) has firmly refuted allegations of discrimination in the disbursement of student loans, clarifying that the process is free from any bias based on geopolitical zones.

NELFUND had earlier announced that a total of ₦2,946,927,155 was disbursed to 27,667 students across 19 institutions nationwide.

The disbursement details include the following institutions:

University of Maiduguri — ₦589,001,500

University of Ibadan — ₦201,114,650

University of Ilorin — ₦52,897,890

University of Benin — ₦24,412,500

Federal University, Dutsin-Ma — ₦304,961,800

Bayero University, Kano — ₦853,775,000

Federal College of Education, Abeokuta — ₦1,945,700

Federal University of Technology, Minna — ₦62,928,600

Obafemi Awolowo University, Ile-Ife — ₦50,414,000

Federal Polytechnic, Ilaro — ₦8,347,465

University of Lagos — ₦122,494,400

University of Jos — ₦209,320,000

Federal College of Education (Technical), Gusau — ₦15,600,200

Federal College of Education (Special), Oyo — ₦18,502,500

Federal University, Dutse — ₦207,106,000

Federal University, Birnin-Kebbi — ₦130,002,800

Modibbo Adama University, Adamawa — ₦83,837,850

Federal Polytechnic, Bauchi — ₦7,218,800

Federal Polytechnic, Mubi — ₦2,045,500

However, a user on X (formerly Twitter), Santiago Leo pointed out the absence of institutions from the south-east in the list of beneficiaries, alleging neglect.

He noted that no funds were allocated to students from the University of Nigeria, Nsukka (UNN), Nnamdi Azikiwe University (UNIZIK), Federal University of Technology, Owerri (FUTO), and Michael Okpara University of Agriculture, Umudike (MOUAU).

Responding to this, NELFUND, through its official handle, clarified that the disbursement process is not influenced by the geopolitical location of institutions.

The Fund explained that all eligible institutions were sent a verification list, and disbursements were made only to those who completed the verification process.

Unfortunately, the Fund has yet to receive responses from institutions in the south-east, which is why students from these schools have not yet received loans.

NELFUND urged the institutions in the south-east to complete the verification process to ensure their students can access the loan scheme.