A Nigerian individual has gone viral after revealing that a ₦270,000 loan from the Nigerian Education Loan Fund (NELFUND) transformed his life, allowing him to purchase a new smartphone and kick off a content‑creation path that eventually brought in his first million naira.
He explained on social media that he applied for the NELFUND earlier this year, even though his parents had already covered his tuition. His motivation was to replace his broken iPhone 7 as graduation approached.
He noted that several friends warned him against taking the loan, criticizing his choice.
How He Used the Loan Funds
He recounted, “The money landed in my Zenith Bank account – 270k.” Then he said he promptly bought an iPhone 11 and paid for three months of a premium social‑media subscription, believing it would keep him consistent with creating content.
Later he added, “Months later I earned my first MILLION. Alhamdulillah. Take that bold, risky step today.”
Online Reaction: Mixed Opinions
The post drew wide attention, with many users praising him for what they called a smart self‑investment.
Others questioned whether a student loan should fund non‑educational purchases, while some highlighted how access to technology can open new earning avenues. His story continues to fuel debates about NELFUND loans, entrepreneurship, and responsible use of financial aid.
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