The Managing Director of Nigerian Education Loan Fund, NELFUND, Mr. Akintunde Sawyerr, has issued a strong appeal to tertiary institutions across the country to refund students who were double-charged tuition despite having benefited from the federal loan scheme.
Speaking at NELFUND’s First Hybrid Media Engagement on Thursday in Abuja, Sawyerr warned that institutional non-compliance could jeopardize both public trust and the long-term sustainability of the programme.
He explained that the scheme, launched on May 24, 2024, was fast-tracked by President Bola Tinubu to respond to a growing dropout crisis among university students, many of whom were at the verge of abandoning their education due to economic hardship.