The Minister of Education, Dr. Tunji Alausa, has exonerated the Nigerian Education Loan Fund (NELFUND) of any fraudulent activities, affirming that the nation’s student loan agency is free from corruption.
Alausa disclosed this on Wednesday after a high-level meeting held in Abuja, which included vice-chancellors, officials from the National Universities Commission (NUC), representatives of NELFUND, and key members of the Ministry of Education.
The Minister stated that a thorough investigation conducted following allegations of fund mismanagement revealed no evidence of sharp practices within NELFUND.
He also faulted the claims made by the Independent Corrupt Practices Commission (ICPC) regarding the alleged discrepancies in the student loan disbursement process. According to Alausa, the anti-graft agency’s public statement on the matter was misleading and unsubstantiated.
Earlier, the ICPC had released a statement claiming that its investigation into the disbursement of student loans by NELFUND revealed that the agency had indeed allocated all the funds intended for student loans.
The Minister’s comments now lay to rest the concerns surrounding NELFUND’s operations, reaffirming the agency’s commitment to transparent and accountable student loan disbursements.
-Advertisement-
Grab our latest Magazine, "Kelechi Amadi-Obi - Transcending the worlds of Law, Visual Art and Photography". Get your order fast and stress free.
For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did
Download E-MagazineDo you want to be heard, your events covered, your articles published, or need to advertise your products and services on our Blog and Magazine, reach out to us at Newswire Law and Events, you will be glad you did. For more details about our services, please call: 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk
