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

The Nigerian Education Loan Fund, NEFLUND, has debunked speculations claiming it has accrued its monthly upkeep allowance for pupil beneficiaries.

In a connection connected Monday, they clarified that the approved monthly stipend remains N20,000.

There person been reports that it was accrued to N25,000.

The connection signed by NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, read, “The approved upkeep allowance remains N20,000 (Twenty Thousand Naira) monthly, and not N25,000 arsenic being reported.”

NELFUND advised students to disregard unverified claims and corroborate connected their authoritative connection platforms for close updates.

“Students are advised to disregard immoderate contrary accusation and trust lone connected authoritative NELFUND connection channels for close updates,” the connection added.

NELFUND clears aerial connected summation successful stipend from N20,000 monthly