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Nigerian student group accuses NELFUND of mismanaging education loans, demands clarification.
The Nigerian Education Loan Fund (NELFUND) faces scrutiny over transparency and alleged mismanagement.
The National Association of Polytechnic Students has given NELFUND a five-day ultimatum to clarify the distribution of student loans, claiming only N71 billion of N100 billion could be accounted for.
NELFUND denies these allegations, stating that no funds were diverted, and it has disbursed over N54 billion to benefit over 293,000 students and 300 institutions.
Despite clarifications, public trust remains shaken.
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Un grupo de estudiantes nigerianos acusa a NELFUND de administrar mal los préstamos para la educación, y exige aclaraciones.