NELFUND haven of corruption, giving students only N20,000 — Dino Melaye
African Democratic Congress, ADC, chieftain, Dino Melaye, has alleged corruption in the running of the Nigerian Education Loan Fund, NELFUND, and the Federal Government’s student loan scheme under President Bola Tinubu. Melaye described NELFUND as a “haven of corruption” while questioning the adequacy of the N20,000 monthly upkeep allowance provided to student beneficiaries. He also […] NELFUND…
Dino Melaye, a chieftain of the African Democratic Congress (ADC), has accused the Nigerian Education Loan Fund (NELFUND) and the Federal Government's student loan scheme under President Bola Tinubu of corruption. Melaye described NELFUND as a "haven of corruption" while questioning the adequacy of the N20,000 monthly upkeep allowance given to students.
He also doubted the government's claim that the scheme aims to pay students' school fees, pointing out that N20,000 is insufficient to cover annual tuition in government-owned tertiary institutions. Melaye asked, "Which government school takes N20,000 as annual school fees?" He added, "Why is Tinubu claiming he's paying students' school fees when he's giving them only N20,000?"
These comments have intensified the ongoing discussion about the student loan scheme's effectiveness in alleviating the financial burden on students and their families, especially considering the rising costs of education.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
