Six varsities receive N2.026b as tuition

Universities in Nigeria have confirmed receipt of tuition payments for successful student loan applicants by the Nigerian Education Loan Fund (NELFUND).

Six federal universities, according to the chart from NELFUND, received N2.03 billion for the 2023/2024 academic session.

Each of the students will also receive N20,000 monthly, directly paid to them for their upkeep.

The universities already captured and the amount received are as follows:

•Bayero University (BUK), Kano, N853.8 million;

•University of Maiduguri(UNIMAID), Borno, N589 million;

•Federal University, Dutsin-Ma (FUDMA), Katsina, N305 million;

•University of Ibadan (UI) Oyo, N201.1 million;

•University of Ilorin (UNILORIN), Kwara, N52.9 million;

•University of Benin(UNIBEN), Edo, N24.4million.

Over 30 federal universities are expected to receive payments for successful applicants.

The funds released cover the full tuition of over 20,000 students.