NELFUND
We’ve disbursed N54bn student loans – NELFUND claims amid transparency demands, fraud allegations
the National Association of Polytechnic Students (NAPS) has issued a five-day ultimatum to the NELFUND board to provide a detailed breakdown of fund disbursement
Read More
Comment
Outcry as NELFUND pays loans to graduates, continues stipends
They also continue to receive N20,000 monthly upkeep stipends despite no longer being students.
Read More
Comment
ESSENTIAL VIEWING: Seun Okinbaloye interviews NELFUND CEO Akintunde Sawyerr
“No money is missing. No money has been stolen. There’d be some issues with what happens at this phase, where human intervention comes in,” the NELFUND boss said.
Read More
Comment
NANS demand sack of VCs, Rectors involved in Loan Scheme Mismanagement
"We will agitate for their removal..." — Comrade Olushola Ladoja, NANS President
Read More
Comment
NELFUND: Education minister breaks silence on alleged deduction of student loans by universities
“The Federal Ministry of Education has received with deep concern a report published by The Guardian Newspaper on Tuesday, April 29, 2025, alleging some Nigerian universities to have made unauthorized deductions from funds disbursed under the...
Read More
Comment
ICPC corrects error: No evidence of missing or diverted NELFUND money
ICPC finds no discrepancies in student loan disbursement, investigation shifts to beneficiaries
Read More
Comment
NELFUND Scandal: How universities pocket N20,000, N30,000 from govt loan disbursements
''Obafemi Awolowo University, Ife, charges N125,000 instead of N105,000, which is N20,000 more than the institutional fees. At Niger Delta University, instead of the approved N145,000 institutional fee, the school charges N30,000 extra, making the...
Read More
Comment
FG probes tertiary institutions, banks over withheld student loans
“Some institutions have received student loan disbursements directly into their accounts yet neglect to inform the affected students or record the payments...”
Read More
Comment
NELFUND chief praises Tinubu on 73rd birthday, highlights over 500,000 student loan registrations
NELFUND boss hails Tinubu on 73rd birthday, says over 500,000 registered for student loan
Read More
Comment
