BREAKING: Tinubu orders diversion of EFCC-recovered funds to student loan scheme

BREAKING: Tinubu orders diversion of EFCC-recovered funds to student loan scheme

President Bola Tinubu has ordered that funds recovered by the Economic and Financial Crimes Commission, EFCC, be diverted to the Nigerian Education Loan Fund, NELFUND, to sustain its growing funding obligations. The Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday after the Federal Executive Council, FEC, meeting in Abuja. According to him, said […] BREAKING: Tinubu orders diversion of EFCC-recovered funds to student loan sche…

Tinubu directs EFCC to channel seized funds, unclaimed dividends to NELFUND

By Johnbosco Agbakwuru ABUJA — President Bola Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to channel all seized funds, unclaimed dividends, and trust funds to the Nigerian Education Loan Fund (NELFUND). NELFUND is a federal government agency established under the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Act, 2024, which […] The post Tinubu directs EFCC to channel seized funds, unclaimed div…

Tinubu Orders EFCC-Recovered Cash, Unclaimed Dividends Transferred To NELFUND For Student Loans

President Bola Tinubu has directed that liquid funds recovered by the Economic and Financial Crimes Commission (EFCC) be transferred to the Nigerian Education Loan Fund to support its growing financial obligations to Nigerian students. The Minister of Education, Tunji Alausa, disclosed this on Wednesday while briefing State House correspondents after the Federal Executive Council meeting, according to The PUNCH. He said the council also approved…

BREAKING: Tinubu Directs Seized EFCC Funds, Unclaimed Dividends To NELFUND

President Bola Tinubu has directed that legally cleared funds recovered by the Economic and Financial Crimes Commission (EFCC), as well as unclaimed dividends and funds from dormant accounts, be channelled to the Nigerian Education Loan Fund (NELFUND) to strengthen funding for Nigerian students. The Minister of Education, Dr Tunji Alausa, disclosed this while briefing State House correspondents after Wednesday’s Federal Executive Council (FEC) m…

Breaking: Tinubu redirects EFCC-recovered funds, unclaimed dividends to NELFUND

President Bola Tinubu directs that EFCC-recovered funds and unclaimed dividends be redirected to NELFUND to support student loan funding and education financing.