
NELFUND To Clear N928 Million Arrears Owed To Over 11,000 Students
NELFUND To Clear N928 Million Arrears Owed To Over 11,000 Students Mustapha Iyal, the executive director of operations at the Nigeria Education Loan Fund (NELFUND), says all students owed arrears under the scheme will soon receive their payments. Speaking in a recent interview on Arise News, Iyal clarified that over 11,000 students are experiencing the delay, totalling about N927.98 million. He said the delay was caused by technical and operational issues, adding that plans are on for an expansion in the 2026–2027 academic session. Iyal said the backlog of applicants increased due to various issues, including the application process or…









