26 July 2026

StudentLoanNigeria

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TETFUND

NELFUND MD Denies N71bn Claim, Confirms N203bn Loan

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Mr Akintunde Sawyer, on Wednesday, appeared before the House of Representatives Committee on NELFUND and Student Loan, denying any diversion of student loan funds and confirming that NELFUND has so far received N203 billion. The investigative hearing, which took place in Abuja, was convened following

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Ministries

Education Minister Dismisses Fraud Claims in NELFUND

The Minister of Education, Dr. Tunji Alausa, announced on Wednesday that no fraud was uncovered in the Nigerian Education Loan Fund (NELFUND). He made the statement following a meeting with Vice Chancellors, officials from the National Universities Commission, NELFUND, and the Federal Ministry of Education. Alausa also dismissed recent claims by the Independent and Corrupt

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TETFUND

Defence Chief to NELFUND: Prioritise Fallen Heroes’ Children

The Chief of Defence Staff, General Christopher Musa, has urged the Nigerian Education Loan Fund (NELFUND) to prioritise children of fallen military personnel in its student loan programme. General Musa appealed on Friday, May 9, during a workshop organised by NELFUND in Abuja, which brought together heads of anti-corruption agencies, the military, paramilitary, and other

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TETFUND

NELFUND Urges Increased Participation in Student Loan Scheme from South-South, South-East Regions

The Nigerian Education Loan Fund (NELFUND) has called for greater involvement in its student loan scheme from institutions and students in the South-South and South-East regions of Nigeria. During a workshop in Abuja on Monday, May 5, 2025, NELFUND Managing Director Akintunde Sawyerr appealed to stakeholders to actively engage in the scheme’s process to support

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