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NELFUND clears air on increase in stipend from N20,000 monthly

The Nigerian Education Loan Fund, NEFLUND, has debunked speculations claiming it has increased its monthly upkeep allowance for student beneficiaries. In a statement on Monday, they clarified that the approved monthly stipend remains N20,000. There have been reports that it was increased to N25,000. The statement signed by NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, read, “The approved upkeep allowance remains N20,000 (Twe…

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tvcnews.tv broke the news in on Monday, March 30, 2026.
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