The management of the Nigerian Education Loan Fund, NELFUND, has debunked media reports suggesting that the launch of the most-anticipated students loan scheme, initially scheduled for Thursday, March 14, 2024, has been postponed indefinitely.
A statement by Nasir Ayitogo on behalf of the Executive Secretary of NELFUND, Akintunde Sawyer, admitted that there has been a postponement.
He, however, disclosed that the postponement was not indefinite, as alluded to in the reports.
The statement recalled that Mr Sawyerr, in a television interview on Tuesday, March 12, 2024, had disclosed that the postponement was necessitated because of the need to have all stakeholders fully aligned before the formal flag-off by President Bola Ahmed Tinubu.
“For the avoidance of doubt, NELFUND is 100 per cent set for the launch. The loan application portal is ready, and President Bola Ahmed Tinubu has since approved the funds for the smooth take-off.
“Students are advised to seize the opportunity and apply for the loans as soon as it is launched at a date to be determined by the President,” the statement stressed.
