Dele Oye: Why FG Must Probe N373bn NELFUND Student Loan Disbursements
Says NEC’s 90-day economic recovery plan unachievable without clear targets Calls for urgent review of multiple taxes, levies Emmanuel Addeh in Abuja Former national President of the Nigerian Association of Chambers
Former national President of the Nigerian Association of Chambers of Commerce Industry Mines and Agriculture, Dele Oye, has called for better clarity and accountability in the administration of the Nigerian Education Loan Fund (NELFUND) following the announced disbursement of N372.62 billion in institutional fees and student upkeep allowances.
Oye, who is also the Chairman of the Alliance for Economic Research and Ethics, argues that the scale of the disbursement underscores the need for clear service standards, transparent reporting, and effective complaint-resolution mechanisms to ensure beneficiaries receive the support they need on time. He urges NELFUND to publish service standards, aggregated data on approval and rejection rates, and payment timelines, as well as a real-time application tracking system and a transparent complaint-resolution channel with clear response and closure targets.
Brief written by urgent.news from This Day's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
