The Nigerian Education Loan Fund, NELFUND, has issued a strong rebuttal to what it describes as “misleading and speculative” media reports linking it to alleged financial misconduct in the student loan scheme.
In a statement on Thursday, the Fund’s Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi, clarified that NELFUND has not been implicated in any wrongdoing.
She stressed that the reported allegations concern only a few beneficiary institutions suspected of mismanaging funds, not the Fund itself.