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NELFUND to Open Application Portal for 2024/25 Cycle February 22

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NELFUND

By Adedapo Adesanya

The Nigerian Education Loan Fund (NELFUND) has announced that the 2024/2025 application cycle for student loan will commence on February 22, 2025.

NELFUND’s Managing Director, Mr Akintunde Sawyerr, explained that the new cycle was necessary as the 2023/2024 session would conclude on February 21, 2025.

According to Mr Sawyerr, NELFUND has provided significant financial support to Nigerian students since its inception, disbursing a total of N35,555,920,971 (N35.56 million) in less than a year to cover institutional fees and upkeep allowances.

“In just 220 days, we have received an impressive 364,042 applications with an average of 1,000 applications per day. I am proud to announce that N22,736,960,971 has been disbursed to cover institutional fees across 240 institutions, directly benefiting 215,514 students.

“Furthermore, a total of N12,818,960,000 has been disbursed as upkeep support, reaching 169,114 students, each receiving N20,000 monthly to assist with their living expenses,” he stated.

Mr Sawyerr emphasized NELFUND’s commitment to efficiency, transparency, and continuous improvement, noting that the 2023/2024 student loan application portal would officially close on February 21, 2025.

“As part of our commitment to efficiency, transparency, and continuous improvement, we are here today to formally announce the closure of the 2023/2024 application cycle on our student loan portal. This marks a critical transition as we prepare to open the 2024/2025 application cycle.

The NELFUND boss urged prospective applicants to prepare for the new cycle by gathering the necessary documentation and ensuring they meet eligibility requirements.

“This transition is not just about closing one phase and opening another. It is about ensuring that we optimize our processes for a more effective loan disbursement system. By adhering to a structured application cycle, we can evaluate applications more effectively and ensure that funds are distributed equitably and transparently.”

On concerns of alleged marginalization of students from the southern part of the country, NELFUND’s Executive Director of Operations, Mr Mustapha Iyal, clarified that while about 69 per cent of beneficiaries were from institutions in the North, many of the students actually hailed from the South.

“We have students that are from the South studying in other institutions. So, our system mostly picks institutions, not applicants. So, you can see that we have a lot of institutions in the North on the system that have students from the South applying for the same loan.

“And we have institutions from the South where students from the South are also applying for the loan. But when you look at the population census, the number is really quite high. And I can tell you for free that our system will have almost 45 per cent to 55 per cent based on Northern applicants and Southern applicants.

“So, the numbers you are seeing are just the institutions per region, not really per applicant. So, I don’t think we have any marginalization in our system. And the way the system runs is, even I cannot put anyone on my system,” he said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Education

6,300 Benefit N1.7bn from Teachers’ Endwell Scheme in Oyo

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Teachers’ Endwell Scheme

By Modupe Gbadeyanka

Over N1.7 billion has been disbursed to about 6,300 teachers and next-of-kin between 2022 and 2026 under the Teachers’ Social Security Scheme (Endwell Scheme) in Oyo State.

The Endwell scheme was conceived at a time when retiring teachers were abandoned by all tiers of government, and many faced severe psychological and financial distress due to late payment of gratuities and pensions.

But since its inception about three decades ago, the initiative has become a dependable social security support for thousands in the state.

At the 14th state (Biennial) general meeting of the Nigeria Union of Teachers (NUT) held at the Teachers’ House, Oluyole Estate, Ibadan, the chairman of the Board of Trustees, Mr Obasola Elijah Olayiwola, reaffirmed the scheme’s solid financial footing and consistent fulfilment of obligations to members.

During the presentation of the management report, he said the rise in benefit payments reflects an increasing number of retiring teachers and a growing subscriber base, boosted by the recruitment of new teachers by Governor Seyi Makinde.

He assured members that the scheme remains financially disciplined, saying, “The Endwell Scheme continues to be a strong pillar of support for our teachers. The steady increase in beneficiaries underscores our commitment to protecting the welfare of those who serve in our classrooms.”

He added that the board will continue to strengthen investment strategies to maintain sustainable returns for contributors.

On his part, the chairman of NUT Oyo State chapter, Mr Raji Oladimeji Ismael, said the new financial data confirms that the Endwell Scheme has entered a new era of stability, strength, and relevance.

He stated that the scheme’s uninterrupted performance over the last three decades, without any record of financial collapse, demonstrates its resilience despite past scepticism and opposition.

“Today marks another milestone in the history of Endwell. The gloomy days are completely over. The scheme has weathered storms, survived doubt, and continues to wax stronger daily,” he said.

Mr Oladimeji reiterated that the scheme has consistently paid Non-Refundable Terminal Benefits (NRTB) and death-in-service compensation to members and families across the state for three decades.

He praised past and present management teams, particularly the current Board led by Comrade Obasola, for consolidating the scheme’s successes, also commending subscribers for their loyalty and prompt dues payment.

A major highlight of the event was the special recognition and honour bestowed on the founding fathers and early contributors who played pivotal roles in the creation and successful take-off of the Endwell Scheme.

Those honoured included Comrade Anusat Babatunde Amuda, Comrade Ibrahim Bolomope, Comrade Elijah Olu Abiala, Comrade Suleiman Adediran, Mr Tade Ipadeola, Mrs J. L. Latunji, and Mr Oladiti Oladapo.

The union described them as visionaries whose courage and foresight midwifed a scheme that has now become a lifeline for thousands of educators in Oyo State, urging newly recruited teachers to join the scheme, stressing that Endwell remains one of the most reliable and effective welfare mechanisms available to educators in Oyo State.

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Education

2026 Akada Children’s Book Festival Holds May 23

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2026 Akada Children’s Book Festival

By Aduragbemi Omiyale

The 2026 edition of Akada Children’s Book Festival (ACBF) will take place on Saturday, May 23, at Rugby School Nigeria, Eko Atlantic, Lagos.

A statement from the organisers disclosed that this event, in its eighth year, will offer families a chance to engage their kids in fun, learning, and imagination all in one vibrant space.

The theme is Big Dreams, Brave Stories, and will feature different activities designed to move beyond passive participation, giving children the opportunity to engage actively with stories, explore their creativity, and connect with books in ways that feel natural and exciting.

Some of the rich and engaging line-up of activities designed to immerse children, parents, and educators in an interactive literary experience include author-led book readings, author meet-and-greet sessions, storytime sessions, book chats, book exhibitions and signings, workshops for children, workshops for parents and educators, writing and illustration competition announcements, scrabble and chess tournaments, theme song competition, sip and paint sessions, STEM activities, sensory play experiences, drama, music, and dance performances, and prizes and book giveaways.

The book festival encourages children to embrace courage, creativity, and self-expression. Through stories of adventure, bravery, and self-discovery, kids are inspired to dream boldly, ask questions, and see themselves as active participants in their own journeys.

As a result, some original children’s titles by Nigerian authors have been curated for the event. They include Lumi Drives from London to Lagos by Pelumi Nubi, Sim Sim Goes to the Salon by Tonye Faloughi-Ekezie, Amang Goes to the Village by Namse Udosen, and What Happened on Thursday? A Nigerian Civil War Story by Ayo Oyeku.

These books reflect diverse experiences and cultural contexts, allowing children to see themselves in the stories while exploring new worlds through literature.

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Education

Controversial Nursery School English Language Textbook Not Approved—Lagos Govt

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woman review textbook

By Modupe Gbadeyanka

The Lagos State government has stressed that it did not approve the use of the controversial nursery school English language textbook in public and private schools in the state.

A mother had come online to criticise an alleged inappropriate content in her child’s textbook. It was claimed that the publisher of the book threatened to sue the woman.

Reacting to the development, the Permanent Secretary in the Lagos State Ministry of Basic and Secondary Education, Mrs Abisola Dokunmu-Adegbite, said the “textbook is not among the approved and recommended instructional materials authorised for use in public, or approved private schools across the state.”

According to her, the ministry maintains a strict policy on the selection and approval of educational materials to ensure that all learning resources are age-appropriate, morally sound, and align with the educational standards and values of the state.

She stated that based on preliminary findings, the “school featured in the video is located somewhere in Ojo Local Government, Lagos State.”

“The name of the school and publisher have been identified for further investigation and appropriate actions.  The public is hereby assured of qualitative foundational education for our children in the state,” the senior government official said in a statement on Tuesday.

Mrs Dokunmu-Adegbite reiterated that only government-approved textbooks and instructional materials are permitted for use in schools in Lagos State, advising school administrators, proprietors, and teachers “to adhere strictly to these guidelines to safeguard the moral and academic development of our learners.”

She assured parents, guardians, educators, and the general public that the state government will always work hard to ensure children get quality education.

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