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Shettima

Vice President Kashim Shettima has said poverty should no longer prevent Nigerian students from pursuing higher education, citing the Nigerian Education Loan Fund (NELFUND) as a major intervention aimed at removing financial barriers to tertiary education.

Shettima said the student loan scheme was designed to ensure that young Nigerians with the ability and desire to study are not forced to abandon their education because their families cannot afford the cost.

The Vice President described NELFUND as a critical social equaliser capable of expanding access to higher education and creating opportunities for students from less privileged backgrounds.

According to him, the initiative reflects the Federal Government’s commitment to making education more accessible while strengthening human capital development across the country.

Under the programme, eligible students receive financial assistance to meet approved educational expenses, with the intervention also providing allowances intended to support beneficiaries during their studies.

Shettima noted that access to education remains an important pathway for reducing poverty and expanding economic opportunities, particularly among young Nigerians who face financial difficulties.

He said the government’s intervention was aimed at ensuring that financial circumstances would not determine who gets the opportunity to acquire university, polytechnic or other forms of tertiary education.

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The Vice President stressed that the country’s development depends significantly on its ability to equip young people with relevant knowledge and skills.

He explained that supporting students through education financing would ultimately benefit not only individual beneficiaries but also the wider economy by producing a better-trained workforce.

NELFUND was established to provide financial support to eligible Nigerian students and has become one of the Federal Government’s key social investment initiatives in the education sector.

The expansion of the scheme has generated significant interest among students and institutions, particularly as rising living costs continue to place pressure on families.

For many beneficiaries, the availability of education financing could make the difference between remaining in school and dropping out because of unpaid fees and other educational expenses.

Shettima’s remarks reinforce the administration’s position that access to education should be based on opportunity and ability rather than the financial circumstances of a student’s family.

The Federal Government is expected to continue expanding awareness and access to NELFUND as part of broader efforts to strengthen Nigeria’s education system and improve opportunities for young people.

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Amarachi Ihesiulo
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