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Nigerian Education Loan Fund increases nursing funding

vanguardngr.com · 13 September 2026
Nigerian Education Loan Fund increases nursing funding
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The Nigerian Education Loan Fund, NELFUND, provided over N1.08 billion to 5,381 nursing and midwifery students across 21 institutions in Nigeria.

NELFUND increased its financial support for these students over three academic sessions, starting with N59.4 million in 2023/2024 and rising to N811.9 million in 2025/2026. Beneficiary schools include Oyo State College of Nursing, Shehu Sule College of Nursing, and institutions in Bauchi, Anambra, and the Federal Capital Territory, among others.

NELFUND officials stated the funding increase demonstrates a commitment to expanding access to healthcare training and removing financial obstacles for students. Akintunde Sawyerr, NELFUND’s Managing Director, emphasized the investment in Nigeria’s future workforce, noting that each student supported represents a potential healthcare professional. Sawyerr also highlighted the positive impact on young women, who make up a large percentage of nursing and midwifery students.

Mustapha Iyal, NELFUND’s Executive Director of Operations, affirmed the Fund’s dedication to delivering financial aid to eligible students quickly and efficiently. NELFUND intends to continue broadening access to student financing and monitoring the resulting improvements in education and human capital.

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