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LAUTECH Reaffirms Strong Partnership with NELFUND, Clarifies Loan Disbursement Update 3 hours ago
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. 3 hours ago
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Hon. Ségun Odebunmi Appointed Chairman as Soun of Ogbomoso Inaugurates Culture and Tourism Committee for 2025 Cradle Carnival

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Hon. Ségun Odebunmi Appointed Chairman as Soun of Ogbomoso Inaugurates Culture and Tourism Committee for 2025 Cradle Carnival

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His Imperial Majesty, Oba Afolabi Ghandi Olaoye (Orumogege III), the Soun of Ogbomoso, has officially inaugurated the Culture and Tourism Committee for the forthcoming 2025 Cradle Carnival—an initiative anchored in the monarch’s 25-year strategic development plan aimed at transforming Ogbomoso through culture, tourism, and targeted investment.

Hon. Ségun Odebunmi (Bunvic), former three-term Member of the House of Representatives and current Chairman of the Board, Ogun-Osun River Basin Development Authority (OORBDA), has been named Chairman of the Committee. Known for his extensive experience in governance, grassroots mobilization, and public service, Hon. Odebunmi is expected to provide visionary leadership to actualize the goals of the Cradle Carnival.

Serving as Vice Chairman is Akanni Oladimeji, alongside a dynamic team comprising Adegbile Adeomi, Benedict Ayoola, Motunrayo Babatunde, Lameed Lateefat, Afolabi Olaniran, and other distinguished members drawn from diverse sectors.

Launched in December 2024, the Cradle Carnival is envisioned as a cultural renaissance—celebrating Ogbomoso’s heritage while positioning the city as a growing hub for cultural tourism, creative enterprise, and youth empowerment.

In his acceptance remarks, Hon. Odebunmi expressed gratitude to the Soun for the trust bestowed on him, stating:

“This is more than a celebration; it is a purposeful journey to reclaim our cultural identity and build a prosperous future for Ogbomoso. It is a collective assignment, and I urge everyone to play a part in making this historic and impactful.”

Also Read:  Fubara’s Supporters Disappointed as Governor Fails to Return After Lifting of Rivers Emergency Rule

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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.
Current Events and News

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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