25 July 2026

disbursement discrepancies

Regulatory

ICPC Probes Schools as Only ₦44.2bn Out of ₦203.8bn Student Loan Fund Disbursed

Only ₦44.2 billion out of ₦203.8 billion earmarked for student loans has been disbursed, the ICPC has revealed, citing significant discrepancies in the administration of the Nigeria Education Loan Fund (NELFUND). This was disclosed in a statement signed by Demola Bakare, the Commission’s spokesperson, on Thursday. According to the statement, the Commission confirmed it had

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