Is NELFUND the Right Fix for Nigerian Education | Nigeria News

Nigeria’s education loan fund, NELFUND, is under fire as students borrow to pay for school in a nation flush with oil wealth — sparking outrage when suggestions surfaced that borrowers should sell snacks like akara to cover living costs. The irony? A country rich in resources asks its youth to take on debt while future leaders are expected to hustle for basic needs. This exposes deeper flaws: why should students finance their education when public investment has been chronically lacking? While NELFUND offers some relief, it doesn’t solve affordability as tuition climbs — turning loans into tools for an increasingly expensive system. Nigeria must rethink education funding, learning from nations like Norway and the Gulf states that treat learning as national investment, not personal burden. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d909d40c10ea4de8