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FG Postpones Launch Of Students Loan Scheme

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2 years ago

on

March 13, 2024

By

Dafe

FG Postpones Launch Of Students Loan Scheme

The Federal Government has postponed the launch of the Nigerian Students Loan Scheme indefinitely.

Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), stated this in an interview with ARISE NEWS, which was monitored by BusinessDay.

The loan which was formally slated to take off on Thursday, has been postponed again, as there are some corrections that are being made around the launch according to Sawyer.

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“Unfortunately, I won’t be able to commit to a specific date. We are sort of waiting to ensure that all the stakeholders are aligned to make sure that nobody is blindsided, then we can actually roll this out in a meaningful, comprehensive, wholesome and sustainable way.”

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In another development, DELSU has extended the submission of first semester Continuous Assessments (CAs) for the 2025/2026 academic session. The Deputy Vice Chancellor (Academic) who said this in an official memo, recalled that a circular dated 3rd February, 2026 was issued to Deans of Faculties on the submission of First Semester Continuous Assessments (CAs) for the 2025/2026 academic session, with the deadline set for Friday, 20th February, 2026. Adding: “Following appeals from some Deans of Faculties, the Vice-Chancellor, Prof. Samuel O.Asagba, has approved a final extension of the submission deadline by one (1) week. “Accordingly, all Departments are required to forward their Continuous Assessments (CAs) to the Office of the Deputy Vice-Chancellor (Academic) on or before Friday, 27th February, 2026,” saying that “no further extension will be granted.” “Deans and Heads of Departments are requested to ensure strict compliance,” he said. Meanwhile, Deans of Faculties have been informed of the urgent need to submit the 100 Level result spreadsheets for the 2024/2025 academic session. According to Owamah, all Heads of Departments (HODs) are to download their respective 100 Level result spreadsheets from the University Result Engine and forward same to the Office of the Deputy Vice-Chancellor (Academic) on or before Thursday, 12th February, 2026, for onward transmission to the Vice-Chancellor.

In another development, DELSU has extended the submission of first semester Continuous Assessments (CAs) for the 2025/2026 academic session. The Deputy Vice Chancellor (Academic) who said this in an official memo, recalled that a circular dated 3rd February, 2026 was issued to Deans of Faculties on the submission of First Semester Continuous Assessments (CAs) for the 2025/2026 academic session, with the deadline set for Friday, 20th February, 2026. Adding: “Following appeals from some Deans of Faculties, the Vice-Chancellor, Prof. Samuel O.Asagba, has approved a final extension of the submission deadline by one (1) week. “Accordingly, all Departments are required to forward their Continuous Assessments (CAs) to the Office of the Deputy Vice-Chancellor (Academic) on or before Friday, 27th February, 2026,” saying that “no further extension will be granted.” “Deans and Heads of Departments are requested to ensure strict compliance,” he said. Meanwhile, Deans of Faculties have been informed of the urgent need to submit the 100 Level result spreadsheets for the 2024/2025 academic session. According to Owamah, all Heads of Departments (HODs) are to download their respective 100 Level result spreadsheets from the University Result Engine and forward same to the Office of the Deputy Vice-Chancellor (Academic) on or before Thursday, 12th February, 2026, for onward transmission to the Vice-Chancellor.

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