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Student loan has no political bias — NELFUND boss

NELFUND MD, Akintunde Sawyerr, debunks claims of political bias in Nigeria’s student loan scheme, emphasizing its transparent, electronic application proce Read More: https://punchng.com/student-loan-has-no-political-bias-nelfund-boss/

Student loan has no political bias — NELFUND boss

Akintunde Sawyerr, Managing Director and Chief Executive of the Nigerian Education Loan Fund (NELFUND), has dismissed allegations that the student loan scheme is politically biased. Sawyerr stated that it was "completely ridiculous" to suggest such an allegation. During an interview on Channels Television’s Sunday Politics programme, he explained that the electronic process for loan application required basic information like the student's name and matriculation number, which was not programmed to detect political affiliations.

Sawyerr noted that the loan scheme was available to students who are Nigerians and meet the standard requirements, regardless of their gender, tribe, or religious beliefs. He emphasized that the system did not care about a student's political affiliations, as it only grants application requests to students who are deemed worthy of the loan.

He also refuted claims that the government intended to fund only those who support a particular political party, stating that the administration was focused on improving student welfare through the loan scheme, not on political bias.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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