5 d. 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.

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1 week ago Student loans: NELFUND disburses N50bn to over 500,000 students

By Oluseye Ojo Almost ₦50 billion has been disbursed by the Nigeria Education Loan Fund (NELFUND) to over 500,000 students in tertiary institutions across Nigeria, the National Orientation Agency (NOA) has disclosed. The disclosure was made by the Oyo State Director of NOA, Dr Olukemi Afolayan, when she featured on a live television programme – […] The post Student loans: NELFUND disburses N50bn to over 500,000 students appeared first on The Sun Nigeria.

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1 week 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.

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1 week 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

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1 week ago Institutions risk legal action hiding student loan disbursement information — NELFund

The Nigerian Education Loan Fund (NELFUND) has warned that tertiary institutions that fail to inform students of loan disbursements made read more Institutions risk legal action hiding student loan disbursement information — NELFund

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2 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.

Culture

2 w. ago Student loan: NELFund uncovers institutional fraud, extortion of students

By Fred Ezeh, Abuja The Nigerian Education Loan Fund (NELFund) announced on Thursday that it has uncovered fraudulent activities by some institutions in the student loan programme’s implementation. In a statement, NELFund revealed that certain institutions fail to inform students of disbursements made on their behalf, yet still demand payment of institutional fees from those […] The post Student loan: NELFund uncovers institutional fraud, extortion of students appeared first on The Sun Nigeria.

Politics

3 w. ago Reject $1.08bn W’Bank loan, probe missing N233bn, SERAP tells Tinubu

Advocacy group, Socio-Economic Rights and Accountability Project, has urged President Bola Tinubu to reject the recently approved $1.08bn World Bank loan and instead prioritise the investigation into allegations of missing public funds amounting to over N233bn. The organisation called for an immediate probe into alleged funds diversion in the Nigerian Bulk Electricity Trading Plc and Read More

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3 w. ago W’Bank lends Nigeria $1.08bn for education, nutrition, economic boost

The World Bank has approved three financing operations totalling $1.08bn to support education, nutrition, and economic resilience in Nigeria. According to a statement on the bank’s website on Wednesday, the concessional loans are aimed at improving the quality of education, building household and community resilience, and enhancing nutrition for underserved groups. The statement read, “The Read More

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3 w. ago World Bank approves $1.08bn loan for Nigeria’s education, nutrition, economic resilience

By Uche Usim The World Bank has granted approval for three financing operations totaling $1.08 billion to bolster education, nutrition and economic resilience in Nigeria. According to a statement released on the bank’s website on Wednesday, these concessional loans are aimed at improving the quality of education, enhancing household and community resilience, and addressing nutrition […] The post World Bank approves $1.08bn loan for Nigeria’s education, nutrition, economic resilience appeared first on The Sun Nigeria.

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