NELFUND CLARIFIES STUDENT UPKEEP ALLOWANCE
The Nigerian Education Loan Fund (NELFUND) has clarified that the approved monthly upkeep allowance for student beneficiaries under its loan scheme remains ₦20,000, contrary to circulating reports suggesting an increase to ₦25,000. In an official statement issued on Monday, the Fund expressed concern over what it described as “misinformation” regarding the stipend, emphasizing that no…
