15 h. ago Corruption allegations damaged public trust in NELFUND, says Akintunde Sawyerr

Akintunde Sawyerr, managing director of the Nigerian Education Loan Fund (NELFund), says a corruption allegation against the scheme has affected read more Corruption allegations damaged public trust in NELFUND, says Akintunde Sawyerr

Politics

26 h. ago NELFund denies fraud allegation, says N54bn of N203bn student loan “transparently” disbursed

The Nigeria Education Loan Fund (NELFund) has denied allegations of diverting funds allocated for the national student loan scheme, stating read more NELFund denies fraud allegation, says N54bn of N203bn student loan “transparently” disbursed

Politics

29 h. ago NELFUND Boss Warns Institutions Against Sabotaging Student Loan Scheme

The Managing Director of the Nigeria Education Loan Fund (NELFUND), Akintunde Sawyerr has warned institutions against hoarding information about the disbursement of student loans to beneficiaries. Sawyerr gave the warning in Abuja on Wednesday while speaking with journalists on the third day of a stakeholder engagement session/workshop on NELFUND system automation and loan application processes. […]

Events

30 h. ago NELFUND Debunks Alleged Diversion Of N54bn Student Loan Funds

The Nigerian Education Loan Fund (NELFUND) has debunked reports of alleged diversion of the scheme’s funds amounting to N54billion. The Managing Director of NELFUND, Akintunde Sawyerr, stated this when he appeared before the House of Representatives Committee oversighting the agency, to clear its name of the alleged irregularities in the administration and disbursement of student […]

Politics

50 h. ago Education Minister Meets VCs As Protests Erupt Over Student Loan Scandal

As controversy mounts over the alleged mismanagement of the Federal Government’s student loan scheme, Education Minister Dr. Tunji Alausa is scheduled to meet today with Vice-Chancellors and heads of institutions accused of mishandling disbursed funds. The meeting will focus on training bursars and ICT heads to ensure the loan scheme runs smoothly. A new compliance […] The post Education Minister Meets VCs As Protests Erupt Over Student Loan Scandal appeared first on Information Nigeria.

Politics

54 h. ago NELFUND restates commitment to inclusive student loan access

From Fred Ezeh, Abuja The Nigerian Education Loan Fund (NELFUND) has reaffirmed its dedication to providing equal access to its student loan scheme for all Nigerian students, regardless of location or background. The agency stressed the importance of thorough verification with stakeholders, including the Joint Admissions and Matriculation Board (JAMB) and respective institutions, before disbursing […] The post NELFUND restates commitment to inclusive student loan access appeared first on The Sun Nigeria.

Politics

4 d. ago NANS Threatens Action Against Corrupt University Officials Over Student Loan Mismanagement

The National Association of Nigerian Students (NANS) has called on the federal and state governments to take decisive action against heads of tertiary institutions implicated in the mismanagement of the Nigerian Education Loan Fund (NELFUND) scheme. The association demanded the immediate sack of Vice Chancellors, Rectors, and Provosts found guilty of corruption or mismanagement linked […] The post NANS Threatens Action Against Corrupt University Officials Over Student Loan Mismanagement appeared first on Information Nigeria.

Politics

7 d. ago ICPC clarifies student loan probe, admits error in press release

From Adanna Nnamani, Abuja The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has issued a clarification on its investigation into the Nigeria Education Loan Fund (NELFUND) student loan scheme, admitting an error in a prior press release that misled the public. In a statement on Thursday, May 1, 2025, ICPC spokesperson Demola Bakare […] The post ICPC clarifies student loan probe, admits error in press release appeared first on The Sun Nigeria.

Politics

2 w. ago CONUA seeks probe of NELFUND student loan mismanagement by institutions

By Gabriel Dike The Congress of University Academics (CONUA) on Tuesday expressed concern about recent reports alleging unethical practices by some institutions in the administration of the Nigerian Education Loan Fund (NELFUND), a scheme meant for students in tertiary institutions in the country. The union in a statement signed by the National President of CONUA, […] The post CONUA seeks probe of NELFUND student loan mismanagement by institutions appeared first on The Sun Nigeria.

Politics

4 w. ago NELFUND Threatens To Sue Universities Withholding Student Loans But Still Asking Recipients To Pay School Fees

The Nigerian Education Loan Fund (NELFUND) has expressed strong concerns over unethical practices reportedly perpetrated by some tertiary institutions in relation to the student loan scheme. According to NELFUND, certain institutions have been receiving student loan payments directly into their accounts but have failed to inform the students or update their fee records accordingly. This […] The post NELFUND Threatens To Sue Universities Withholding Student Loans But Still Asking Recipients To Pay School Fees appeared first on Information Nigeria.

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