NELFUND won’t publish names of student loan beneficiaries – DG

The Nigerian Education Loan Fund (NELFUND) has decided not to publish the names of students receiving student loans due to data protection concerns and the desire to protect beneficiaries from embarrassment and potential targeting. The fund's Director-General, Akintunde Sawyerr, stated that NELFUND would only disclose the institutions that received payments and the number of beneficiaries, ensuring the confidentiality of individual students' identities.

The fund has disbursed a total of N375.28bn since its launch in May 2024, with 1,675,474 student loans granted across 320 institutions. Sawyerr emphasized that students should not be exposed publicly due to their financial circumstances and that the loans are interest-free, as they are intended to help students pursue education and secure employment.

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