Reps Probe Alleged Unethical Practices of Student Loans
The House of Representatives has called for a thorough investigation into alleged unethical practices in the disbursement of student loans under the Nigerian Education Loan Fund, NELFUND. Raising a motion of urgent public importance, Hon. Aliyu Mustapha revealed that over 500,000 students have applied, with more than N54 billion disbursed so far. However, the National […]
NELFUND To Improve Student Loan Access With Tech
Nigerian Education Loan Fund, NELFUND, says it is working on building a technology driven system that would improve easy access to its loans, following allegations of mismanagement of 100 billion naira. Its Managing Director, Akintunde Sawyerr, gave the assurances yesterday in Abuja while addressing Polytechnics, Monotechnics and Institutes at a Stakeholders Engagement Session on NELFUND […]
President Tinubu launches Nigerian Education Loan Fund
President, Bola Ahmed Tinubu has officially launched the Nigeria Education Loan Fund to commence the disbursement of the Student Loan Scheme in Nigeria. Speaking during the Presidential launch and the disbursement of the Nigeria Education Loan Fund at the Council Chamber of the State House, Abuja, President Tinubu reaffirmed his commitment to ensure more inclusiveness […]
FG to open student loan portal on May 24
The Federal Government, through the Nigerian Education Loan Fund, has announced May 24, as the official date for “the opening of the portal for student loan applications.” The Managing Director of NELFUND, Mr Akintunde Sawyerr, disclosed this yesterday in a statement saying the opening of the portal marked a significant milestone in the commitment of […]
