The Nigerian Education Loan Fund on Friday announced the commencement of upkeep disbursements to student beneficiaries who have updated their bank account details from digital wallet platforms to commercial bank accounts.
A statement by the Director of Corporate Communications of the Fund, Oseyemi Oluwatuyi, said the development marks a significant breakthrough in resolving earlier disbursement delays.
“Over 3,600 students who previously registered with digital-only banking platforms have now successfully received their backlog of upkeep payments after updating their details to conventional commercial bank accounts on the NELFUND portal.
“We appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible.
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