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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. 4 days ago
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Soun of Ogbomoso Seeks Establishment of NOUN Study Centre in Ogbomoso


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The Soun of Ogbomoso, Oba Ghandi Afolabi Olaoye, Orumogege III, has called for the establishment of a National Open University of Nigeria (NOUN) Study Centre in Ogbomoso as part of efforts to expand access to tertiary education in the ancient town.

The monarch made the appeal during a courtesy visit to the headquarters of NOUN in Abuja, where he led a delegation of notable Ogbomoso indigenes and development partners.

The visit was facilitated by Dr. Niran Oyekale, an indigene of Ogbomoso, and featured the Asiwaju of Ogbomosoland, Prof. Adeshola Adepoju, as well as the pioneer Vice-Chancellor of NOUN, Prof. Olugbemiro Jegede.

Oba Olaoye and members of his delegation were received by the Vice-Chancellor of NOUN, Prof. Olufemi A. Peters, alongside the Deputy Vice-Chancellor, Prof. Christine Ofulue, and other members of the university’s management team.

During the engagement, the Soun passionately advocated for Ogbomoso to be considered for a NOUN Study Centre, describing the initiative as a critical pathway to opportunity, inclusiveness and educational empowerment.

According to the monarch, the proposed study centre would offer flexible and quality tertiary education to the sons and daughters of Ogbomosoland, irrespective of age or life circumstances, while also boosting human capital development and socio-economic growth in the area.

He expressed optimism at the outcome of the visit, noting that the management of NOUN had given a positive response and committed to dispatching a delegation to Ogbomoso for an on-the-spot assessment.

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The Soun said he was confident that once the required conditions are met, the long-cherished aspiration of hosting a NOUN Study Centre in Ogbomoso would soon become a reality.

He described the initiative as part of a broader vision to lay sustainable foundations for learning, empowerment and a brighter future for the people of Ogbomosoland.


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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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