The Managing Director and Chief Executive of the Nigerian Education Loan Fund, Akintunde Sawyerr, has debunked claims that the student loan scheme is biased. Sawyerr noted that it was “completely ridiculous” to make such an allegation. He also said the electronic process for loan application required basic information such as the student’s name and matriculation […]

The Nigerian Education Loan Fund has labelled as “fake news” a circulating image claiming that President Bola Tinubu had announced life imprisonment for students who fail to repay their education loans after graduation. In a post on its official X account on Sunday, NELFUND shared the doctored image of what appeared to be the front […]