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flag Nigerian agency investigates universities and banks over alleged misuse of student loan funds.

flag Nigerian authorities are investigating allegations of unethical practices by some universities and banks in the disbursement of student loans. flag The National Orientation Agency (NOA) claims that these institutions are withholding information about loan disbursements and failing to properly record payments, which are meant to benefit students. flag The agency has instructed its state offices to gather feedback from students nationwide to help sanction the involved institutions. flag The federal government's student loan policy, which grants interest-free loans, was enacted in June 2023 but has faced implementation issues.

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