The Nigerian Education Loan Fund (NELFUND) has described as fake a notice circulating online, claiming that it had suspended its student loan disbursement programme.
According to a statement issued by the agency on its X account on Saturday, the Fund stated that it had not announced any pause in loan disbursements, urging the public to disregard the message and rely only on official communication channels.
The clarification comes amid growing attention on the scheme, which the Federal Government said has benefited more than one million students since its establishment, improving access to higher education across the country.
The fake notice, which had been circulating online, claimed that “due to unforeseen operational circumstances, NELFUND has taken the difficult decision to temporarily pause the student loan disbursement programme with immediate effect.”
However, NELFUND dismissed the claim, stating; “This document is fake. Kindly disregard the circulating letter on suspension of student loan disbursements. NELFUND has not issued any such directive.”
The Fund advised students and stakeholders to seek verified updates through its official platforms to avoid misinformation.
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