KATSINA, KATSINA STATE– The Katsina State Institute of Innovation and Management (KSITM) has formally verified the invoice of over 18.27 million from the Nigerian Education Loan Fund (NELFUND).
The dispensation, planned for the 2024/2025 scholastic session, is set to offer important monetary relief to 309 trainees of the state-owned organization.
In an official verification declaration dealt with to the Managing Director and CEO of NELFUND, the KSITM Desk Officer, Kauthar Kabir, confirmed that the funds were successfully credited to the institution on Tuesday, February 17, 2026.
Empowering Technical and Vocational Education
The overall amount of 18,269,100.00 marks a considerable intervention for KSITM, an institution dedicated to bridging the skills space in technology and management.
According to the institute’s leadership, the NELFUND assistance is more than just a financial transaction; it is an essential increase to the quality of technical and vocational education (TVE) in Katsina State.
The dispensation ensures that the 309 beneficiaries can concentrate on their practical and scholastic requirements without the instant problem of tuition fees, consequently minimizing the rate of student attrition due to monetary restrictions.
Read likewise: Alausa Announces Opening of Second Mate for National TVET Programme.
Breakdown of the Dispensation:
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Recipients: 309 Trainees.
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Overall Quantity: 18,269,100.00.
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Efficient Date: February 17, 2026.
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Academic Session: 2024/2025.
Gratitude and Collaboration
The KSITM management revealed deep appreciation to the Federal Government and the NELFUND management for the seamless execution of the loan procedure.
The statement stressed that such collaborations are important for equalizing access to college, specifically in specialised fields like innovation and management.
“Thank you for your continued collaboration and support,” the declaration checked out, as the institution declared its dedication to teaming up with the fund to make sure more students benefit in subsequent scholastic cycles.
The effective disbursement to KSITM follows a series of comparable fund releases to numerous federal and state-owned tertiary organizations across the country.
As more institutions like KSITM confirm invoice of these funds, the NELFUND effort continues to solidify its role as a cornerstone of the present administration’s program for the education sector.
For the trainees of KSITM, this intervention represents a clear pathway towards completing their certifications and adding to the digital economy of Katsina State and Nigeria at large.