NELFUND Disburses N136.7m For Tuition Fees of 2,222 Students At Joseph Sarwan Tarka University In Benue - EDU-BIZNEWS

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Thursday, January 23, 2025

NELFUND Disburses N136.7m For Tuition Fees of 2,222 Students At Joseph Sarwan Tarka University In Benue




By News Agency Report 

The Nigerian Education Loan Fund (NELFUND) has distributed a total of N136,786,650.00 to Joseph Sarwan Tarka University in Makurdi, Benue, benefiting 2,222 students.

The announcement was made by NELFUND’s Managing Director, Mr. Akintunde Sawyerr, during a statement on Thursday in Abuja.

According to the News Agency of Nigeria (NAN), Sawyerr related that the disbursement highlights the Federal Government’s continuous effort to support Nigerian students. He stated

This milestone serves as a testament to the impact of collaborative efforts between government, institutions, and stakeholders in addressing the financial challenges facing Nigerian students.”  

He emphasized that the initiative is part of NELFUND’s broader mission to empower today’s youth by investing in their education, which he believes is crucial for the country’s future growth.

The disbursed funds are part of NELFUND’s ongoing work to provide interest-free loans to students in need. Sawyerr stressed that the financial assistance is aimed at reducing obstacles to higher education for Nigerian students, allowing them to pursue their studies without the burden of financial constraints.

“Education is the foundation of any thriving society, and we are supporting this institution in fostering the academic growth of our youth,” he said.

Sawyerr also acknowledged the vital role of Senator Tejuoso in ensuring the success of the loan disbursement

He credited Senator Olanrewaju Tejuoso, the Pro-Chancellor of Joseph Sarwan Tarka University, for his efforts in making sure the funds were effectively allocated to students.

“His unwavering support and commitment were instrumental in ensuring a seamless disbursement process, exemplifying a genuine commitment to the academic welfare of students,” he stated.


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