Olaniyan damilola biography of albert
Olaniyan damilola biography of albert
Olaniyan damilola biography of albert bandura.
Abstract
This article examines the introduction of the Nigeria Education Loan Fund (NELFUND) under the Student Loan Act 2024.
It raises questions about the promises of the scheme in enabling participative (in)equity in Higher Education (HE) and the potential risks that await the future of the policy if not properly implemented and equitably administered.
By evaluating the promises and pitfalls of NELFUND, this article contributes to the ongoing discourse on educational financing and access in Nigeria and the broader implications of neoliberal approaches to HE in developing countries.
Introduction
In May 2024, the Nigerian government introduced the long-awaited Nigerian Education Loan Fund (NELFUND) under the Student Loan (Access to Higher Education) Act 2024, a measure billed as a game changer in increasing access to HE.
This Act places Nigeria into the larger worldwide trend of neoliberalising HE — a tendency that shifts HE from a public good to a market-driven commodity.