NELFUND upkeep allowance rumour update by NBAN
Summary
NBAN says the talk about NELFUND raising the upkeep allowance from ₦20,000 to ₦150,000 is not true for now. On 28 December 2025, the group said NELFUND has not announced any change on its real channels.
- NBAN says the ₦20,000 to ₦150,000 claim is not confirmed
- Date of NBAN statement: 28 December 2025
- NBAN says NELFUND has made no public update on any increase
- NBAN checked and says there is nothing posted on NELFUND’s website or verified channels
- Beneficiaries should follow only NELFUND’s approved platforms for updates
- Contact and handles shared by NBAN: +234 916 124 7589, X: @NELFUND NG, Facebook: NELFUND Beneficiaries Nigeria Association
The NELFUND Beneficiaries Association Nigeria (NBAN) has cleared the air on a story moving around among students. The story claims NELFUND has raised the upkeep allowance from ₦20,000 to ₦150,000.
In a statement dated 28 December 2025, NBAN called the claim unconfirmed and misleading. The group said there has been no announcement from the Nigeria Education Loan Fund (NELFUND) to support any increase in the upkeep allowance.
NBAN said it checked carefully and found no message from NELFUND on its official website or through its verified communication channels. The Association said changes can happen later if policies get reviewed, but right now nothing like that has been communicated.
Because of this, NBAN told all beneficiaries to ignore the rumour and wait for updates that come straight from NELFUND through its recognised platforms. It is better than chasing screenshots and voice notes.
NBAN also said it will keep sharing correct updates, support beneficiaries across Nigeria, and speak with the right authorities when needed. The group said any real change about NELFUND allowances will be shared quickly through its verified channels.
The statement was signed by Aminu Aliyu Ahmad, National President of the NELFUND Beneficiaries Association Nigeria, for Nigerian student loan beneficiaries.
NBAN listed its contact line as +234 916 124 7589. It also mentioned its social media pages on X (Twitter) as @NELFUND NG and on Facebook as NELFUND Beneficiaries Nigeria Association.
Share This Post: If this post helped you, share it with others! Use the buttons below to spread the word!
More Articles:
- University of Cross River State (UNICROSS) NELFUND Loan Scheme: Approved Students to Verify at DICT and Collect Fee Receipts
- Zamfara State University, Talata Mafara (ZAMSUT) First Batch 2025/2026 NELFUND Beneficiaries
- University of Nigeria, Nsukka (UNN) Notice to Students on Opening of NELFUND Portal for 2025/2026 Academic Session
- Obafemi Awolowo University (OAU) Notice to 2025/2026 Newly Admitted Students on NELFUND Loan Application
- Federal Polytechnic Bali Notice to Students on NELFUND Application Portal
- Federal University of Agriculture, Abeokuta (FUNAAB) Issues Notice on Refund of Overpaid NELFUND Student Loan
- Kaduna State Tertiary Education Loan: Simple Portal Guide for Students and Workers
- NELFUND Announces Opening of Student Loan Application Portal for 2025/2026 Academic Session
