Dr. Akintunde Sawyerr, Managing Director of the Nigerian Education Loan Fund, highlighted that students from southern Nigeria are hesitant to apply for loans due to doubts about their viability. Speaking after President Bola Tinubu launched the loan disbursement at the Presidential Villa in Abuja, Sawyerr noted a higher application rate from northern institutions, attributing this to better organization and support from tertiary institutions in that region. He acknowledged skepticism in the South but expressed confidence that it would diminish as more loans are disbursed, emphasizing the fund’s legitimacy and President’s commitment to funding. Sawyerr also mentioned higher application numbers from universities compared to polytechnics and colleges of education, and affirmed efforts to increase awareness and acceptance of the loan scheme in the southern part of the country.
https://punchng.com/north-tops-applicants-list-as-fg-begins-student-loan-disbursement
