• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Student Loan: Federal Gov’t Reviews NELFund Operations In Varsities

Sets up c'ttee on new guidelines

by Henry Tyohemba
2 months ago
in Education
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Government has commenced a comprehensive review of the Nigerian Education Loan Fund (NELFund) operations across universities.

Advertisement

This followed allegations of fraud in the disbursement of the student loan which has elicited outrage across the country.

The Minister of Education, Dr. Maruf Alausa announced this while briefing journalists on Wednesday in Abuja, following a meeting with Vice Chancellors and the Managing Director of NELFund.

Alausa disclosed the formation of a multi-stakeholder committee comprising Vice Chancellors, the National Universities Commission (NUC), NELFund and the Ministry of Education.

The committee, he said, has been tasked with assessing existing processes and delivering new, standardised guidelines to improve the disbursement, communication, and management of NELFund student loans nationwide.

RELATED

JAMB Registrar Seeks More Opportunities For Women

Fear Of Arrest Kept 80% Candidates Away From Mop-up Exam, Says JAMB Registrar

1 day ago
226 Bag First Class As ABUAD Honours Fagbemi, Dodo, Bakare

Federal Gov’t Lauds ABUAD’s Global Recognition In 2025 Times Varsity Rankings

1 day ago

“We debated and discussed the processes that NELFund has in place, and the processes that our universities have put in place to receive money from NELFund. When they get this money, we also looked at how students are notified and how soon they get the funds after payment. The process seems to work well,” Alausa said.

He acknowledged that although the current system for fund disbursement and student notification was functional, it required refinement.

“We added several things and came up with clear guidelines. Some of the terms of reference of the committee include standardising the nomenclature of the various charges that universities are applying to students,” fees.

“The second term of reference we have assigned to the committee is to establish timelines for when NELFUND will disburse fees to universities.”

Alausa also emphasised that the goal is not to overhaul the existing system but to enhance it.

“The processes we have now are working, but we’re just working to make them better. The committee has three weeks to submit its report to me and the Ministry, and in the next four weeks, we’ll finalise new guidelines on how this entire process will work from NELFUND and from the universities. We’ll release those finalised guidelines to the universities and to the public.”

He further said the final recommendations would be shared publicly once the committee submits its report.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Federal GovernmentNigerian Education Loan Fund (NELFUND)
SendShareTweetShare
Previous Post

SMEDAN Unveils ‘GROW Nigerian Plan’ To Boost MSME Growth

Next Post

Chimamanda Adichie To Headline Inaugural ‘Things Fall Apart’ Festival In Enugu

Henry Tyohemba

Henry Tyohemba

You May Like

JAMB Registrar Seeks More Opportunities For Women
Education

Fear Of Arrest Kept 80% Candidates Away From Mop-up Exam, Says JAMB Registrar

2025/06/28
226 Bag First Class As ABUAD Honours Fagbemi, Dodo, Bakare
Education

Federal Gov’t Lauds ABUAD’s Global Recognition In 2025 Times Varsity Rankings

2025/06/28
Prof. Gwarzo Donates Permanent Office To Alliance Francaise In Kano
Education

Prof. Gwarzo Donates Permanent Office To Alliance Francaise In Kano

2025/06/27
UTME: 2 Days To Deadline, JAMB Registers 1.6m Candidates
Education

Low Turnout Threatens 2025 JAMB Mop-up Exam

2025/06/27
Delta Varsity, Farm Partner To Boost Food Production
Education

Don’t Meddle In Our Internal Affairs, ASUU Warns Delta Assembly

2025/06/27
Adeleke Tasks Olakunle On NYSC Mandate
Education

Be Productive, NYSC DG Charges Corps Members

2025/06/26
Leadership Conference advertisement

LATEST

Aviation Ministry Worker Convicted Over Employment Fraud

Police Arrest Arrowhead Of Child Theft Syndicate, Rescue 12 Minors 

Abakaliki FC In Minor Road Accident After Federation Cup Defeat

CWC: PSG Thrash Lionel Messi’s Inter Miami 4-0, Advance To Quarterfinals

Soldiers Kill Terrorist Kingpin Mai Dada, Recover Weapons

Abducted Benue Links Bus Passengers Regain Freedom After 1 Week In Captivity

Okunbo Foundation Expands Artistic Opportunity In Nigeria

Why Tinubu Is Visiting Saint Lucia — Presidency

Mischief Makers Behind SGF Sack Rumour — Federal Gov’t

Kano Gov’t Renames Institute, Commission After Deceased 22 Athletes

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.