The Nigerian Education Loan Fund (NELFUND) has advised female students to take advantage of the Federal Government’s zero-interest education loans to support their academic pursuits and financial stability.
Its Managing Director, Akintunde Sawyerr, who gave this advice yesterday at the NELFUND Women Forum Programme, held in celebration of the 2025 International Women’s Day (IWD), said the ratio 1 to 5 of females compared to males in tertiary institutions accessing the loans was not encouraging.
According to him, there is also another part of the NELFUND initiative which is the skill acquisition that places students on a monthly stipend, yet still has less women taking advantage of it.
Sawyerr however emphasised that timely loan repayment upon graduation and employment was crucial for the expansion and sustainability of the programme, enabling more students across all government-owned institutions to benefit.
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