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Its Fake News, No Student Will Go to Jail for Loan Default

The Nigerian Education Loan Fund, NELFUND, has debunked the speculation that President Bola Tinubu, has approved life imprisonment for students who fail to repay their education loans after graduation. In a post on its verified X handle on Sunday, NELFUND described the claim as fake news. According to the agency, the purported announcement did not originate […] Its fake news, no student will go to jail for loan default – NELFUND

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Channels Television broke the news on Sunday, September 6, 2026.
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