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President Bola Tinubu’s Student Loan Initiative has transformed countless lives—fulfilling a key campaign promise to empower Nigerian students. This groundbreaking program provides interest-free loans with no guarantor or collateral required, and repayments start two years after securing employment. To date, ₦20.8 billion has been disbursed to over 200,000 students...

17,814 views • 1 year ago •via X (Twitter)

11 Comments

Wale Adedayo 🌍🔰's profile picture
Wale Adedayo 🌍🔰1 year ago

@Mr_JAGs @NELFUND Everyone is on board to make sure this administration succeeds. Love it👌🏻

Hector Resendez - Trade School Secrets's profile picture
Hector Resendez - Trade School Secrets2 years ago

Who knows someone living in Las Vegas or Nevada? 🌵🎰 That state dishes out $8,000 per grant for each student and processes applicants faster than you can say "Jimmy John's" – under 2 weeks! 🚀🥪 I can help them enroll 8-10 students per month. You do the math – that's some serious cash! 💸💸 Let's get them rolling in the dough while learning a valuable trade! 💪✨

A. Ayofe's profile picture
A. Ayofe1 year ago

@Mr_JAGs @NELFUND Massive ♥️🇳🇬❤️

Kawu Garba's profile picture
Kawu Garba1 year ago

@Mr_JAGs @NELFUND This is one of the best initiatives of this administration. Now even those who could not afford university can apply for a loan and get what will cover their living expenses while studying.

Iyalaya's profile picture
Iyalaya1 year ago

@Mr_JAGs @NELFUND One of the best initiatives by Federal government in my lifetime 👏 👌

De simple's profile picture
De simple1 year ago

@Mr_JAGs @NELFUND Hello sir, please, I want to dm you for something sir

Omo Jagabani's profile picture
Omo Jagabani1 year ago

@Mr_JAGs @NELFUND Promise made, Promise Kept!

Ayodeji Ayibiowu's profile picture
Ayodeji Ayibiowu1 year ago

@Mr_JAGs @NELFUND Nigeria is working, more to come 🙏

Sulaimon Lateef's profile picture
Sulaimon Lateef1 year ago

@Mr_JAGs @NELFUND This is a great initiative for students in Nigerian Tertiary Institutions….This should reduce the number of out-of-school students to the barest level and make them focused on their education.

Bashir M DANMUSA Jr MBH's profile picture
Bashir M DANMUSA Jr MBH1 year ago

@Mr_JAGs @NELFUND Good day. I have been trying to get a laptop for my studies and i will appreciate if you can help me with that 🙏🏽

Muhammad❤'s profile picture
Muhammad❤1 year ago

@Mr_JAGs @NELFUND When Mr. President, PBAT promised there won't be cases of drop outs. He had a plan. With @NELFUND . This is realities right here. Thank you Alhaji for leading the charge..

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An entire generation has been sold out by successive Governments, trapped by Student Loan interest rates so high even a loan shark would hesitate. I graduated as a doctor with around £75,000 of debt. After years of repayments, I now owe close to £90,000. That is the reality of Plan 2 loans: extortionate interest rates mean balances can rise even while regular deductions are taken from your salary. We’re told this system is “fair.” The Chancellor, Rachel Reeves, has defended it as such. But I struggle to see how a system can be described as fair when those who can afford to pay upfront leave university owing nothing beyond the headline fee, while those from less financially secure backgrounds carry escalating balances for decades. Freezing repayment thresholds while interest continues to accrue increases the real burden on graduates year after year. The Labour Education Secretary, Bridget Phillipson, may prefer to debate who first introduced tuition fees, but that does not change the fact that the current Government is actively maintaining this structure. Successive governments may have built this structure, but the current Government is choosing to maintain it. And that choice has consequences. For many of us, this no longer resembles a conventional loan. It functions as a long-term graduate tax that quietly removes a significant portion of our income every month, often well into our 40s or 50s. If this Government believes in growth, productivity and social mobility, it cannot defend a model that disproportionately burdens those without family wealth. Reform is within its power: cap the interest, review the thresholds, and redesign the structure so that repayment reduces debt in a meaningful way. Governing is about taking responsibility for the system you oversee. The question now is whether this Government intends to defend the status quo or change it.

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Sina Toossi

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