NELFUND Issues New Guidelines On Upkeep Loan Disbursement

The Nigerian Education Loan Fund (NELFUND) says that upkeep loan disbursement is now strictly tied to the academic session of each institution.

A statement by the Director of Strategic Communications Oseyemi Oluwatuyi states that in line with the directive, students shall only be entitled to upkeep loans for their current academic session and Upon the conclusion of an institution’s academic year, upkeep payments for that session shall automatically cease.
She further said interested loan applicants are required to apply for the loan at the beginning of every academic session to be eligible for both institutional charges and upkeep for that particular session.

To ensure accuracy and transparency, the NELFUND loan portal is being automated to reflect this adjustment

NELFUND is a student loan initiative in Nigeria that provides interest-free loans to students in tertiary institutions.

Here’s what you need to know :

*Key Features:*

– *Interest-free loan*: NELFUND offers loans without interest charges, making it easier for students to repay after graduation.
– *Tuition and upkeep coverage*: The loan covers both tuition fees and living expenses, ensuring students can focus on their studies.
– *Repayment terms*: Graduates are required to start repayment two years after securing employment or establishing a business.
– *Eligibility*: Students from low-income backgrounds, enrolled in public tertiary institutions, and meeting specific criteria can apply.

*Benefits:*

– *Increased access to education*: NELFUND aims to reduce financial barriers to higher education, promoting inclusivity and equality.
– *Reduced dropout rates*: By providing financial support, NELFUND helps students complete their studies and achieve their academic goals.
– *Economic empowerment*: The loan scheme enables students to pursue their education without financial burdens, empowering them to contribute to Nigeria’s economic growth.

*Application Process:*

– *Registration*: Students register on the NELFUND portal, providing required documents and information.
– *Verification*: NELFUND verifies the student’s eligibility and application details.
– *Disbursement*: Funds are disbursed directly to institutions for tuition fees and to students for upkeep allowances ².

*Impact:*

– *Over 449,000 beneficiaries*: NELFUND has disbursed ₦86.3 billion to nearly 450,000 students since its launch in May 2024.
– *Improved education outcomes*: The initiative aims to enhance education outcomes by providing financial support to students and promoting transparency in fund allocation ³.

The Economic and Financial Crimes Commission (EFCC) has declared Abdullahi Bashir Haske, the son-in-law of former presidential candidate, Atiku Abubakar, wanted in connection with a case of criminal conspiracy and money laundering.

In a statement on Thursday, EFCC spokesperson Dele Oyewale urged the public to provide any information that could lead to Haske’s arrest.

The anti-graft agency called on Nigerians to share credible tips with the nearest police station or any EFCC office.

Haske, an entrepreneur, industrialist, and investor from Adamawa, is being sought for his alleged role in the financial crimes.

The statement reads: “The public is hereby notified that Abdullahi Bashir Haske, whose photograph appears above, is wanted by the EFCC in an alleged case of criminal conspiracy and money laundering.

“Abdullahi is 38 year-old and his last known address is: No 6 Mosley Road, Ikoyi, Lagos State; 952/953 Idejo Street, Victoria Island, Lagos State.”

Source: X | officialEFCC

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President Bola Ahmed Tinubu departed Yokohama, Japan, on Thursday night for the ultra-long-haul flight to Brazil, where he will begin a state visit on August 24.
 
President Tinubu will have a stopover in Los Angeles before continuing his journey to Brasilia, the capital of Brazil.
 
President Tinubu began his two-nation visit on Friday, August 15, when he departed Abuja. He and his entourage stopped over in Dubai, UAE, and arrived in Yokohama early in the morning on August 18.
 
After attending the opening ceremony and plenary of the ninth Tokyo International Conference for African Development( TICAD9) on August 20, President Tinubu held some bilateral meetings, culminating in the interactive session with diaspora Nigerians on Thursday night.
 
Bayo Onanuga
Special Adviser to the President
(Information & Strategy)
August 22, 2025 

Yokohama

The Enugu State Government has announced traffic restrictions ahead of the Nigerian Bar Association (NBA) Annual Conference, billed to hold in the state from 22nd–29th August 2025.

In a notice on Wednesday, the Ministry of Transportation directed motorists, tricycle riders, and commercial buses to avoid certain roads, including Sullivan/Roban Junction, Rangers Avenue, Cubana Junction, IMT by SPAR, and Toscana Junction.

Alternative routes such as Presidential Road, Ogui Road, Zik Avenue, Agbani Road, and New Haven remain open to ease traffic.

Meanwhile, the Enugu State Police Command says it has deployed massive security ahead of the event. Commissioner of Police Kanayo Giwa assured participants and residents of a safe conference, urging vigilance and cooperation with security operatives.

Emergency hotlines have also been released: 08032003702, 08086671202, 112, 09134666668, 09134448093.

The NBA Conference is expected to draw thousands of lawyers, dignitaries, and stakeholders from across Nigeria.

The Inspector General of Police, IGP. Kayode Adeolu Egbetokun, has approved the creation of two (2) Area Commands and the upgrade of five (5) Police Stations to Divisions in Benue State.

Police Public Relations Officer, PPRO, DSP Edet Udeme, in a Statement discloses that the structural adjustment becomes necessary as a result of challenges that befalls the command in the course of policing troubled Local Government Areas.

The PPRO adds that an appraisal of the current security challenges and operations carried out in recent times reveals that some geographical gaps exist between the police and the people in some Local Government Areas hence, the adjustment.

The two Area Commands created are; Daudu Area Command and Naka Area Command, while the five police stations that have been upgraded to police Divisions are Ayilamo, Yelwata, Jato-Aka, Okpokolo and Agan Police Divisions.

The Statement explains that Daudu Area Command shall supervise Guma, Daudu yelwata and Agan Police Divisions, while Naka Area Command shall supervise Naka, Apa, Agatu and Okpokolo Police Divisions.

This adjustment will assist the command in policing troubled areas with large and difficult terrains. These Divisions will also ensure quick resolution of conflict between farmers and herders and facilitate quick response to distress calls.

The Commissioner of Police , CP. Emenari Ifeanyi, PhD, psc, mnips appreciates the Inspector General of Police for his continuous support to the command and this crucial adjustment that is geared toward bringing permanent solutions to the challenges bedeviling these areas.

The CP also appreciates the Governor of Benue state, Hyacinth Iormen Alia, for his support to the command in the fight to ensure security of lives and property in Benue State.

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