Nigerian Education Loan Fund, NELFUND, is saying it has received an additional N50 billion from the Economic and Financial Crime Commission, EFCC, to boost its efforts in providing financial support to students across Nigeria.
The amount, which is part of the recovered proceeds of crime by the nation’s anti-graft agency, was released to the student’s loan agency following a directive to that effect by President Bola Ahmed Tinubu.
In a statement by the Director, Corporate Communication, Mrs Oseyemi Oluwatuyi, NELFUND says the infusion of funds will significantly boost its ability to enable students pursue their academic aspirations without financial hindrance.
-9News Nigeria.