The Nigerian Education Loan Fund has announced plans to introduce a centralised job portal by 2026 to assist student loan beneficiaries in accessing employment opportunities both within Nigeria and internationally.
This development is part of efforts to enhance the impact of the student loan scheme and support graduates toward financial independence.
Speaking on Thursday during a media engagement in Abuja to mark one year since the loan scheme was launched, NELFUND Managing Director, Akintunde Sawyerr, stated that while the agency does not guarantee jobs, the upcoming job portal is designed to support graduates’ transition into the labour market.
Sawyerr said the portal would aggregate listings from the public and private sectors, as well as international employers interested in recruiting Nigerians.
We don’t just give a loan and leave students on their own. This job portal is our way of supporting their journey towards economic stability,” he said
Sawyerr reiterated that student loan repayment would not commence until beneficiaries are gainfully employed and have completed their National Youth Service Corps.
“If you don’t have a job, you don’t pay. And when you eventually get a job, your repayment starts fresh.
