By IDNN Education Correspondent
Billions meant for Nigerian students may have been diverted—and the Ministry of Education isn’t having it.
Is Nigeria’s student loan scheme under threat? The Federal Ministry of Education thinks so.
A bombshell report alleges that some universities unlawfully deducted funds from NELFund disbursements for students.
Now, the Education Minister has summoned all implicated VCs and the NELFund MD to a crisis meeting set for May 6.
Minister Marut Olatunji Alausa described the situation as “very disturbing,” promising full sanctions for anyone found guilty.
A compliance portal and Transparency Index are in the works to monitor future disbursements.
The message is clear: student welfare is untouchable.
The heat is on. Names may drop.
🔗 Read what triggered the fire alarm.