5 h. ago SDP leader, Adebayo picks holes in the celebrated student loan

Adewole Adebayo, leader of the Social Democratic Party (SDP) and the party’s 2023 presidential candidate, has picked holes in the read more SDP leader, Adebayo picks holes in the celebrated student loan

Politics

62 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

64 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

65 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

3 d. 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

3 d. 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 Student loan: NELFUND concerned over low participation of students from south

From Fred Ezeh, Abuja Nigerian Education Loan Fund (NELFUND) said it’s concerned with low participation of students from the south-south, south east regions in the students’ loan programme. NELFUND, at a meeting of stakeholders in Abuja, on Monday, said that available data indicated that students in these regions are not indicating interest in the programme, […] The post Student loan: NELFUND concerned over low participation of students from south-south, south east appeared first on The Sun Nigeria.

Politics

5 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 We will ensure that everyone joining SDP are united by ideology – Adebayo

Prince Adewole Adebayo is the leader of the Social Democratic Party (SDP) and its 2023 presidential candidate, in this interview, read more We will ensure that everyone joining SDP are united by ideology – Adebayo

Politics

8 d. ago ICPC says no discrepancies in NELFUND student loan disbursements

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has clarified that there are no discrepancies in the disbursement read more ICPC says no discrepancies in NELFUND student loan disbursements

Politics

8 d. ago NELFund: Education Minister Breaks Silence On Alleged Student Loan Deductions

The Federal Ministry of Education is investigating reports of unauthorized deductions from student loans by some Nigerian universities under the NELFund scheme. This follows a report by The Guardian and an ongoing ICPC probe. An emergency meeting with affected vice chancellors and the NELFund MD has been scheduled for May 6, 2025. The statement, released […] The post NELFund: Education Minister Breaks Silence On Alleged Student Loan Deductions appeared first on Information Nigeria.

Politics

8 d. ago Federal Gov’t Summons Indicted VCs, NELFUND Over Alleged Student Loan Fraud

The Federal Government has summoned Vice Chancellors of affected universities and the Managing Director of the Nigerian Education Loan Fund (NELFUND) to an emergency meeting scheduled for May 6, 2025, following disturbing allegations of unauthorised deductions from student loans. The Minister of Education, Dr. Maruf Olatunji Alausa, described the situation as extremely concerning, vowing that […]

Politics

8 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

8 d. ago ICPC probes N71.2bn discrepancy in NELFUND student loan disbursements

From Adanna Nnamani, Abuja The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched a comprehensive investigation into discrepancies in the Nigeria Education Loan Fund (NELFUND) student loan disbursements. ICPC spokesperson Demola Bakare made the announcement in a statement on Thursday. The probe follows reports implicating 51 tertiary institutions in unauthorised deductions of […] The post ICPC probes N71.2bn discrepancy in NELFUND student loan disbursements appeared first on The Sun Nigeria.

Politics

8 d. ago ICPC Probes NELFUND Over N71.2bn Discrepancy In Student Loan Disbursement

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched investigations into alleged discrepancies surrounding the disbursement of student loans by the Nigeria Education Loan Fund (NELFUND). This was disclosed in a statement by the commission on Thursday, stating that the Chief Executive Officer of NELFUND, Akintunde Sawyerr, officials of the Central Bank […]

Politics

9 d. ago Presidency To Sanction Tertiary Institutions Over Alleged Student Loan Fraud

The Federal Government, through the Office of the Senior Special Assistant to the President on Student Engagement, has initiated a crackdown measure on tertiary institutions reportedly implicated in fraudulent activities related to student loans. Senior Special Assistant to the President Bola Tinubu on Student Engagement, Comr. Asefon Sunday Dayo, stated this in a press statement […]

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

3 w. ago Adebayo to address issues around tech, trade prospects, others in GWU Confab

Adewole Adebayo, the leader of the Social Democratic Party (SDP) and its presidential candidate in the 2023 general elections, will read more Adebayo to address issues around tech, trade prospects, others in GWU Confab

Politics

3 w. ago NANS raises alarm over student loan diversion by institutions

From Laide Raheem, Abeokuta The National Association of Nigerian Students (NANS) has raised concerns over unethical practices in the disbursement of the Nigerian Education Loan Fund (NELFUND), alleging that some tertiary institutions, in collusion with banks, are diverting student loans for personal gain. Speaking on Thursday in Abeokuta, NANS National Vice President for Inter-Campus and […] The post NANS raises alarm over student loan diversion by institutions appeared first on The Sun Nigeria.

Politics

3 w. ago NELFUND: NANS condemns withholding of student loans, threatens protests

The National Association of Nigerian Students has voiced concern over the alleged non-disbursement of student loans by the Nigerian Education Loan Fund, despite claims that funds have already been released. PUNCH online reports that an investigation into the handling of the Federal Government’s student loan programme revealed that some tertiary institutions, in collaboration with banks, Read More

Politics