‘N355.9bn NELFUND loans face recovery risk’
A policy brief warns N355.9bn NELFUND student loans face recovery risk. Integration with Nigeria Revenue Service income data is crucial for sustainability. Read More: https://punchng.com/n355-9bn-nelfund-loans-face-recovery-risk/
The Nigeria Education Loan Fund (NELFUND) has disbursed a total of N355.87 billion in student loans to about 850,000 beneficiaries as of September 2026. The Federal Government is urged to integrate NELFUND with the Nigeria Revenue Service income data to strengthen student loan recovery. The think tank, The iRead To Live Initiative, warned that NELFUND could face difficulties recovering the N355.87 billion disbursed under the existing repayment architecture.
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- ‘N355.9bn NELFUND loans face recovery risk’ punchng.com
