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Corruption Allegations Undermine Public Trust in NELFund, Says Sawyerr
Akintunde Sawyerr, the Managing Director of the Nigerian Education Loan Fund (NELFund), has stated that allegations of corruption and fraud have severely impacted the public’s trust in the student loan program.....KINDLY READ THE FULL STORY HERE▶
Recently, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) launched an investigation into claims of mismanagement involving funds allocated for student loans. A report revealed that 51 Nigerian universities had allegedly engaged in illegal deductions and exploitation regarding the scheme.
However, ICPC later retracted their earlier statement suggesting that funds had been misappropriated by NELFund, clarifying that no such discrepancies had occurred. Despite this retraction, the ICPC maintained that there were still irregularities within the educational system and universities.
During a House of Representatives committee meeting on student loans, Sawyerr emphasized that NELFund adheres to a transparent process in distributing the loans. He acknowledged the damage caused by the allegations, but reassured the public that no funds had been diverted. He also pointed out that NELFund had successfully reacted to the situation by engaging with the ICPC to correct the misleading narrative.
Lawmakers have raised concerns about ongoing reports of fund mismanagement, and the committee is awaiting further clarification on these matters.
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Tension In UK As Nigerians Push For INEC Chairman’s Removal Ahead Of 2027.
A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
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“My Nightclubs Are The Least Of What I Do” — Sir Uyi Fires Back At Critics.
Sir Uyi has responded strongly to critics of his involvement in nightclub businesses, insisting that such ventures represent only a small part of his wider activities.....KINDLY READ THE FULL STORY HERE▶
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Shock In Benue As Police Nab Seven Over Abduction Of JAMB Candidates.
The Benue State Police Command has confirmed the arrest of seven suspected militia herdsmen in connection with the abduction of passengers travelling in an 18-seater Benue Links bus along the Makurdi–Otukpo road last Wednesday.....KINDLY READ THE FULL STORY HERE▶
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