Nigerian govt disburses N13 billion interest-free loans to 7,450 tertiary institution workers
Nigeria, June 20 -- The Nigerian government said it has disbursed more than N13 billion in interest-free loans to 7,450 academic and non-academic staff across 153 public tertiary institutions nationwide.
According to a statement issued on Friday by the spokesperson for the Federal Ministry of Education, Folasade Boriowo, the disbursement is part of the government's 2025/2026 cycle of the Tertiary Institutions Staff Support Fund (TISSF).
The statement also said applications for the 2026/2027 phase of the programme will open later this month.
The TISSF is a federal government loan scheme for workers in Nigerian universities, polytechnics and colleges of education introduced in July 2025.
Under the programme, the workers can access inter...
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