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NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA - Education - Nairaland

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NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Thescrutinyng(op): 6:24pm On Apr 17, 2025
Almost ₦50 billion has been disbursed by the Nigeria Education Loan Fund (NELFUND) to over 500,000 students in tertiary institutions across Nigeria, the National Orientation Agency (NOA) has disclosed.

The disclosure was made by the Oyo State Director of NOA, Dr Olukemi Afolayan, when she featured on a live television programme – BOSENLO, on the Broadcasting Corporation of Oyo State (because) on Thursday.

According to her, NOA is working to identify and report to appropriate agencies, institutions and individuals hindering access to the loan towards curbing corruption tendencies in the process.
Afolayan assured Nigerian students that the Federal Government is working assiduously to ensure a transparent and accountable disbursement of the loan.


“Let me tell you that over 500,000 students are currently benefiting from the scheme, with almost N50 billion disbursed so far,” she explained.

Afolayan assured students that the government is committed to ensuring a hitch-free process despite some challenges.

Speaking further on application status, she urged verified applicants to remain hopeful, while those not verified should reapply.

Afolayan also emphasised the importance of prompt repayment of the loan as and when due to sustain the scheme.

She reiterated NOA’s Director General, Mallam Lanre Issa Onilu’s assurance to students and parents of the agency’s dedication to ensuring that all qualified applicants benefit from the government intervention programme.

Afolayan enjoined the public to report any misconduct for a thorough investigation.
https://thescrutinyng.com/nelfund-has-disbursed-n50bn-to-over-500000-students-noa/

Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Malroux: 6:26pm On Apr 17, 2025
Even Lai Muhammed can't tell this kind of lie.
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by mohbadliveson: 6:32pm On Apr 17, 2025
Audio disbursement like palliatives
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Max24: 6:39pm On Apr 17, 2025
I hope no obidient benefited from the scheme because they derided it before it started and called it audio program. Any obidient that went to collect it must be unfortunate. Mean while, their Messiah Obi couldnt pay doctors salaries for 8 months in Anambra when he was Anambra govt. Today he would just crash the national economy.
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by libertyfather(m): 3:38am On Apr 18, 2025
Max24:
I hope no obidient benefited from the scheme because they derided it before it started and called it audio program. Any obidient that went to collect it must be unfortunate. Mean while, their Messiah Obi couldnt pay doctors salaries for 8 months in Anambra when he was Anambra govt. Today he would just crash the national economy.
Lamba...in this difficult time how much are you people being paid ? Brainwashed loyal members is cup of rice but u 24/7 seven online warriors...sure for me hino for reach 1/4 or naija minimum wages
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by chucks185: 3:38am On Apr 18, 2025
Thieves
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by BUDGETBOOSTS: 3:39am On Apr 18, 2025
Lampaaa
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by AlwaysPositive: 3:43am On Apr 18, 2025
Lmao 🤣🤣🤣🤣🤣

This guy's are so dumb, that they can't even formulate lies that gullible people can believe. Like what's this 🤣🤣🤣🤣
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Fearurcreeator: 3:49am On Apr 18, 2025
libertyfather:
Lamba...in this difficult time how much are you people being paid ? Brainwashed loyal members is cup of rice but u 24/7 seven online warriors...sure for me hino for reach 1/4 or naija minimum wages
Apoda
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Spinflow: 3:50am On Apr 18, 2025
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Wizzy13: 3:51am On Apr 18, 2025
Good
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by libertyfather(m): 3:54am On Apr 18, 2025
Fearurcreeator:
Apoda ni mi
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by ogaemma: 4:04am On Apr 18, 2025
The same pattern of disbursement the former Minister of humanitarian affairs did with the COVID-19 funds .
Up till now, she could not identity the poor families she gave over 729 billion naira.
They have turned Nigeria into an ATM MACHINE.
Tomorrow ask them to produce the 500,000 students they gave the money to, EFCC will give them an Administrative bail.

Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Yugoslavia247(m): 4:08am On Apr 18, 2025
This is not audio.

People dont know that 500k students are politicians children.
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Flashpeso: 4:10am On Apr 18, 2025
hello
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by rummmy: 4:17am On Apr 18, 2025
Storytime
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by patrickcollins: 4:41am On Apr 18, 2025
Wizzy13:
Good
They are cashing big time
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Teenaira: 4:59am On Apr 18, 2025
I want to thank the president, Bola Ahmed Tinubu for this initiative. I can vouch with my 2 eyes that this is not an audio project as we normally have. It took a lot of begging of poor students around me before they agreed to apply for the loan. Two of them have benefited one in Unilag and the second in UI. It is very unfortunate that the youths have totally lost confidence in Nigeria. You can imagine begging potential beneficiary of a no interest loan before they could apply for it because they believe they can never get it. The report said they have given out about 50B to 500,000 students. This is far less than what one single political office holder will just clear from the Treasury and nothing will happen. I will like to beg government to give out more of this loan which is traceable rather than all those audio donations to faceless Nigerians by the humanitarian ministry. Government have an opportunity to redeem their filthy image through this loan. Let Nigerians have one single thing they could say they benefited from this country.
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by RichBoy247: 5:13am On Apr 18, 2025
I hope children of drug traffickers and fake drugs manufacturers are excluded
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by RichBoy247: 5:14am On Apr 18, 2025
Malroux:
Even Lai Muhammed can't tell this kind of lie.
No cry, no cry. It us for paying school fees, not for selling Gala and La Casera inside holdups
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Max24: 5:21am On Apr 18, 2025
libertyfather:
Lamba...in this difficult time how much are you people being paid ? Brainwashed loyal members is cup of rice but u 24/7 seven online warriors...sure for me hino for reach 1/4 or naija minimum wages
Which one is Lamba in what I said? Are you finding difficult to believe that he didn't pay Doctors salaries for 8 months? If so, why not Google if you were Too small then. You have been brainwashed if you think he has anyrhing Special to offer.
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by SmartPolician: 6:13am On Apr 18, 2025
NOA still dey function? Nawa oh!
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Fearurcreeator: 7:45am On Apr 18, 2025
[quote author=libertyfather post=135032966][/quote]K
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Trustedpronet: 7:50am On Apr 18, 2025
What can 100k do for a student... God I beg o. 50b ÷500k=100k. Not mush but it's still a scam.
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Achor1111(m): 8:03am On Apr 18, 2025
Government of lies and propaganda
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by AustineE1: 8:09am On Apr 18, 2025
Fine and good but can we know how this money has been distributed so far?the geographical spread?how many students from each universities and other higher institutions?
The ethnicity of they recipients?
'E get why',I want to clear my doubts!
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Ablesam171:
The student loan is a good initiative, It has really helped a lot of students and have lifted some bouden from the back of some parents.

I know some beneficiaries of it but the problem I've with it is, collecting the money back after the students graduates and starts working. It is called a loan so NELFFND should be able to collect our money from them.

During Buhari's administration, there was an empowerment program they did in which they trained people and gave them a loan of 800k I think in 2021. The beneficiary of it that I knew, used her own to buy clothes and other stuffs and when it's time to start paying up, FG started the process of collecting the money back, she stopped using the bank account that the money was paid into and I can say that up till now she haven't paid the money abd she said the money was given to them by Buhari and I'm sure this is also the case with other beneficiaries of the program.

De money no be grants, na loan de money be, we no wan hear sey to collect de money back dey hard una and sey una no fit collect am or sey some of de people don japa or die.
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by Hassanmaye(m): 8:18am On Apr 18, 2025
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by NewHe: 9:11am On Apr 18, 2025
AlwaysPositive:
Lmao 🤣🤣🤣🤣🤣

This guy's are so dumb, that they can't even formulate lies that gullible people can believe. Like what's this 🤣🤣🤣🤣
What exactly are you saying, that no money was discussed or what?
Are there any beneficiary?
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by tunary(m): 9:45am On Apr 18, 2025
Lol
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by PheelzAlmighty: 10:55am On Apr 18, 2025
Ogun kee una grin
Re: NELFUND Has Disbursed ₦‎50 Billion To Over 500,000 Students – NOA by PheelzAlmighty: 11:54am On Apr 18, 2025
If you believe this trash then you are a forever dullard and can believe anything.


Fantastically corrupt country for a reason grin
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