The Administration of the Nigerian Schooling Mortgage Fund (NELFUND) has introduced the profitable disbursement of N20,000.00 month-to-month stipends for the month of July to twenty,371 college students from six tertiary establishments.
The scholars from Bayero College Kano, Federal College, Dutsin-Ma, College of Ilorin, College of Benin, College of Ibadan and College of Maiduguri, whose college charges have already been paid by NELFUND, have begun to obtain their July repairs stipends.
A press assertion launched on Monday by Mr. Ibom Uche, the Director, Finance and Accounts, mentioned NELFUND was diligently working to begin the cost course of for college kids from roughly 55 further tertiary establishments.
“It’s anticipated that this can be concluded inside the subsequent two weeks because the fund is dedicated to making sure that every one eligible college students obtain their stipends promptly.
“NELFUND stays steadfast in its mission to assist the tutorial aspirations of Nigerian college students by offering monetary help for research at qualifying establishments and guaranteeing the well timed disbursement of stipends for day after day bills.
“It’s noteworthy that the President solely Sunday dedicated an additional 50 billion Naira from recovered proceeds of crime.
“NELFUND appreciates the persistence and cooperation of scholars and establishments because the organisation works assiduously to meet its earlier made commitments to Nigerian college students,” the assertion added.
