Varsity workers begin N13bn FG loan repayment Oct
Nigerian varsity workers who benefited from the N13bn FG-backed loan will begin repayment through monthly salary deductions starting from October 2026. Read More: https://punchng.com/varsity-workers-begin-n13bn-fg-loan-repayment-oct/
The Federal Government in Nigeria plans to begin deducting repayments from the N13 billion Tertiary Institutions Staff Support Fund (TISSF) loan starting October 2026. Participating public tertiary institutions will recover the funds from affected staff members through deductions from their monthly salaries. This announcement was made in a circular dated September 14, 2026, by the University of Maiduguri, the circular stated that the Bank of Industry (BoI) has directed the start of repayments for the loan.
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