The Lagos State University of Education (LASUED), Oto/Ijanikin, has officially acknowledged the receipt of Fourteen Million, Three Hundred and Seventy-Eight Thousand Naira (₦14,378,000.00) from the Federal Government’s NELFund Students Loan Programme. The funds, directed to support 158 students, are part of an effort to ease financial burdens and improve access to quality education.
The NELFund Programme, spearheaded by the Federal Government, is designed to bridge financial gaps for students in tertiary institutions nationwide. By providing these loans, the government aims to create a more inclusive and equitable educational landscape, allowing more students to pursue higher education without the stress of financial constraints.
Since its inception, the NELFund Programme has continued to impact the lives of many students, addressing some of the pressing challenges related to funding tertiary education in Nigeria. The funds received by LASUED are expected to significantly alleviate financial pressure on beneficiaries, enhancing their academic focus and overall experience.
This latest disbursement underscores the Federal Government’s commitment to supporting higher education across the country, further strengthening its vision of a more educated and skilled workforce for national development.