2027: Pro-Tinubu Group Woos Students With Loan Scheme

A group under the aegis of Tinubu Must Stay (TMS) initiative in a statement issued Friday by its National Convener, Ibrahim Uba also added that more than 1.5 million students had benefited from the Nigerian Education Loan Fund (NELFUND) programme, with over ₦282 billion disbursed. The group noted that Nigeria’s economy recorded improved real GDP growth in the second quarter of 2026, compared with preceding years.

He stressed that Nigeria’s economy recorded 4.43 per cent growth in the second quarter of 2026, compared with 3.19 per cent in the corresponding quarter of 2025 and 3.89 per cent in the first quarter of 2026, according to the National Bureau of Statistics (NBS).

Uba added: “In education, the Nigerian Education Loan Fund (NELFUND) reported by June that more than 1.5 million students had benefited from the student-loan programme, with over ₦282 billion disbursed.

“Nigeria’s 3 Million Technical Talent (3MTT) programme has recorded more than 160,000 trained fellows across three cohorts, with about 1.87 million people registered and in the programme’s broader pipeline.”

Uba recalled that when President Bola Tinubu assumed office on May 29, 2023, Nigeria confronted serious fiscal, monetary, security and social pressures.

The group noted that Nigeria’s economy recorded improved real GDP growth in the second quarter of 2026, compared with preceding years.

“The administration has since then implemented bold reforms to stabilise the economy, enhance security, and improve social outcomes,” the group noted.

It said the NG-CARES programme has also reported reaching more than 15 million Nigerians, while its expanded phase is intended to support vulnerable households.