A trending video has captured students from Yobe State University celebrating the receipt of their Nigerian Education Loan Fund (NELFUND) upkeep allowances, which are directly easing their financial burdens.
In the video sighted by GISTSMATE MEDIA, the students were captured dancing to singer Rarara song, Omo Ologo.
NELFUND disbursements have brought immense relief to the campus community amidst rising living costs.
Our correspondent gathered that NELFUND paid the monthly upkeep allowances to most students of four higher institutions in Borno, Yobe and Adamawa.
The institutions include Yobe State University, Damaturu, College of Education, Potiskum, Kashim Ibrahim University (KIU), Maiduguri, and the Federal Polytechnic, Mubi, Adamawa,
The News Agency of Nigeria (NAN) investigation reveals that most beneficiaries of the scheme have received their June and July upkeep payments, amounting to N40,000 each.
NAN also reports that the monthly upkeep of N20,000 is one component of the scheme, aside from the payment of tuition fees, which is also handled by the scheme.
The Dean of Student Affairs, Yobe State University, Damaturu, Prof. Sani Isa, confirmed the payments to NAN Damaturu on Tuesday.
The joy of receiving a double monthly stipend must have triggered the celebration among the students.
The students’ loan is one of the initiatives of President Bola Tinubu’s Renewed Hope Agenda.
See the video below:
https://x.com/i/status/2082564967128256795
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