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LAUTECH Reaffirms Strong Partnership with NELFUND, Clarifies Loan Disbursement Update The management of Ladoke Akintola University of Technology has reaffirmed its cordial and productive relationship with the Nigerian Education Loan Fund following recent media interpretations regarding student loan disbursements. In a statement, the university expressed appreciation for NELFUND’s continued support, noting that more than ₦1.4 billion was successfully disbursed to its students in 2025. According to the institution, the intervention significantly reduced financial burdens and improved access to education for many students. Speaking during a pre-convocation press briefing, the university explained that about 19,000 students applied for the NELFUND scheme, while over 15,000 applications have already been verified in line with established procedures. The management further disclosed that within the current 2025/2026 academic session, a total of 5,237 students have been approved and are awaiting disbursement, while other verified applications remain at various stages of processing. LAUTECH clarified that parts of the update were misinterpreted in some quarters, creating the false impression that NELFUND was unwilling or unable to release funds. “The university wishes to state clearly that this is not the case. At no time did LAUTECH suggest any reluctance or failure on the part of NELFUND,” the statement said. The institution added that its intention was solely to highlight progress made so far and reassure stakeholders that the disbursement process remains ongoing and on course. LAUTECH reiterated its commitment to sustaining its partnership with NELFUND and other relevant stakeholders to ensure students continue to receive the financial support needed to pursue their academic goals. The statement was signed by Olayinka O. Balogun, Registrar of the university. 11 hours ago
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Oyinboade Foundation Donates Food Items to Blind Centre, Ogbomoso, in Memory of Late Chief Olubola Egunbiyi


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The children of late Chief (Mrs) Olubola Egunbiyi have reaffirmed their belief that the legacy of a devoted parent lives on through the impact of their children, as they on Saturday extended humanitarian support to students of the School for the Blind Centre, Ogbomoso.

The outreach, carried out under the Oyinboade Foundation, was organised in memory of their late mother and matriach, one year after her transition. The foundation donated food items worth thousands of naira to the school as a gesture of compassion and thanksgiving to God for the unity, protection and continued prosperity of the family.

Speaking on behalf of the family, Mr. Abayomi Adebayo Egunbiyi, the eldest son, described the initiative as the maiden humanitarian project of the foundation, established to immortalise the virtues of their late mother. He portrayed Chief Olubola Egunbiyi as “a mother in millions”—a caring, compassionate teacher who dedicated her life to the welfare and nurturing of children.

Mr. Egunbiyi explained that the foundation’s broader mission is to provide sustainable support to the less privileged across society, stressing the family’s readiness to offer steady and continuous assistance to deserving institutions and vulnerable families. According to him, this commitment reflects the late matriarch’s enduring values of love, compassion, care and service to humanity.

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Items distributed to the students included rice and beans, tubers of yam, spaghetti, vegetable oil, tea and garri. The management and students of the centre expressed gratitude to the Egunbiyi family for the timely intervention, describing the gesture as a meaningful tribute that brings comfort and hope to the visually impaired community.


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LAUTECH Reaffirms Strong Partnership with NELFUND, Clarifies Loan Disbursement Update The management of Ladoke Akintola University of Technology has reaffirmed its cordial and productive relationship with the Nigerian Education Loan Fund following recent media interpretations regarding student loan disbursements. In a statement, the university expressed appreciation for NELFUND’s continued support, noting that more than ₦1.4 billion was successfully disbursed to its students in 2025. According to the institution, the intervention significantly reduced financial burdens and improved access to education for many students. Speaking during a pre-convocation press briefing, the university explained that about 19,000 students applied for the NELFUND scheme, while over 15,000 applications have already been verified in line with established procedures. The management further disclosed that within the current 2025/2026 academic session, a total of 5,237 students have been approved and are awaiting disbursement, while other verified applications remain at various stages of processing. LAUTECH clarified that parts of the update were misinterpreted in some quarters, creating the false impression that NELFUND was unwilling or unable to release funds. “The university wishes to state clearly that this is not the case. At no time did LAUTECH suggest any reluctance or failure on the part of NELFUND,” the statement said. The institution added that its intention was solely to highlight progress made so far and reassure stakeholders that the disbursement process remains ongoing and on course. LAUTECH reiterated its commitment to sustaining its partnership with NELFUND and other relevant stakeholders to ensure students continue to receive the financial support needed to pursue their academic goals. The statement was signed by Olayinka O. Balogun, Registrar of the university.

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