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Nigerian parliament investigates NELFUND over alleged fraud and delays in student loans.
The Nigerian House of Representatives is investigating the Nigerian Education Loan Fund (NELFUND) due to allegations of unethical practices in student loan disbursements.
The probe follows reports of delays, concealment, and fraud involving tertiary institutions and financial institutions.
The House mandated refunds to students who paid tuition before receiving loans and urged NELFUND to improve verification processes and address transparency issues.
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El parlamento nigeriano investiga NELFUND por presuntos fraudes y demoras en los préstamos estudiantiles.