The Federal College of Agriculture, Moor Plantation, Ibadan, Oyo State, has commended the Nigerian Education Loan Fund (NELFUND) for disbursing ₦54.21 million to 360 students under the student loan s
In a letter dated September 28, 2026, the College said the beneficiaries received the funds through four disbursement rounds between August 2025 and August 2026.
The letter, signed by the College Provost, Prof. Jonathan Jeremiah Atungwu, and addressed to NELFUND Managing Director and Chief Executive, Mr. Akintunde Sawyerr, expressed appreciation for the fund’s continued support.
According to the letter, the first disbursement, made on August 13, 2025, covered 91 students with ₦19.524 million, while the second, on October 22, 2025, benefited 54 students with ₦11.197 million.
The third disbursement, made on March 25, 2026, covered 73 students with ₦7.768 million, while the fourth release, dated August 8, 2026, benefited 142 students with ₦15.721 million.
The funds covered beneficiaries across the 2024/2025 and 2025/2026 academic sessions.
Prof. Atungwu commended President Bola Ahmed Tinubu and NELFUND for supporting students’ access to educational financing.
NELFUND provides financial assistance to eligible Nigerian students in approved tertiary institutions to help reduce financial barriers to higher education.
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