The Federal College of Agriculture, Moor Plantation, Ibadan, Oyo State, has commended President Bola Ahmed Tinubu and the Nigerian Education Loan Fund (NELFUND) following the disbursement of ₦54.21 million to 360 students of the institution across two academic sessions.
The Provost of the college, Professor Jonathan Jeremiah Atungwu, expressed the appreciation in an acknowledgement and commendation letter dated September 28, 2026, addressed to the Managing Director/Chief Executive of NELFUND.
According to the letter, the funds were released in four tranches between August 2025 and April 2026, covering the 2024/2025 and 2025/2026 academic sessions.
The breakdown showed that the first disbursement, made on August 13, 2025, benefited 91 students with ₦19.524 million, while the second release, made on October 22, 2025, provided ₦11.197 million to 54 students.
For the 2025/2026 academic session, the third tranche, released on March 25, 2026, covered 73 students with ₦7.76775 million, while the fourth disbursement, made on April 8, 2026, provided ₦15.72125 million to 142 students.
The four releases brought the total disbursement to ₦54.21 million, benefiting 360 students of the institution.
Professor Atungwu commended President Tinubu, the Commander-in-Chief of the Armed Forces, and NELFUND for their continued support and cooperation in expanding access to higher education through the student loan initiative.
He also appreciated the Fund for its sustained collaboration with the college, acknowledging its role in providing financial assistance to students and helping them meet the costs associated with their education.
The commendation adds to institutional acknowledgements of NELFUND's implementation of the Federal Government's student loan scheme, which provides eligible Nigerian students with access to financial support for tertiary education.
The initiative is designed to ease the financial burden of higher education on students and their families while helping eligible learners pursue their academic ambitions.
Professor Atungwu, who signed the letter in his capacity as Provost, concluded by thanking NELFUND for its usual collaboration with the institution.
