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Nigerian Education Loan Fund information


Nigerian Education Loan Fund
Educational Agency overview
Formed3 April 2024 (2024-04-03)
JurisdictionFederal government of Nigeria
HeadquartersAbuja
Educational Agency executive
  • Akintunde Sawyerr, Managing Director

The Nigerian Education Loan Fund (NELFUND) is a pivotal financial institution established under the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Act, 2024.[1] It was signed into law by President Bola Tinubu on 3 April 2024, marking a historic step towards ensuring sustainable higher education and functional skill development for Nigerian students and young people.[2][3][4][5]

  1. ^ "In Detail: The Student Loan (Access to Higher Education) Act, 2024".
  2. ^ Sulaimon, Adekunle (3 April 2024). "BREAKING: Tinubu signs student loan bill into law". Punch Newspapers. Retrieved 19 April 2024.
  3. ^ President Tinubu Signs Reneacted Student Loan Bill Into Law, Approves Management Team. Retrieved 19 April 2024 – via www.youtube.com.
  4. ^ Nda-Isaiah, Jonathan (4 April 2024). "Again, Tinubu Signs Student Loan Bill Into Law". Retrieved 19 April 2024.
  5. ^ Suleiman, Qosim; Ileyemi, Mariam (12 June 2023). "UPDATED: Nigerian president signs student loan bill into law". www.premiumtimesng.com. Retrieved 19 April 2024.

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