NELFUND Denies Funds Diversion
The Nigerian Education Loan Fund, NELFund, has denied allegations of diverting funds meant for student loans, saying its financial records show a transparent disbursement process. The Managing Director, Akintunde Sawyerr told lawmakers during a session with the House of Representatives Committee on Student Loans that the fund has disbursed 54 billion naira out of the 203 billion naira it has received, with all transactions fully documented. Sawyerr said NELFund had […]