- Authorities also noted that over N1.1 billion has been invested in the scheme
- This clarification comes as the programme continues to gain attention nationwide
Nigerian Education Loan Fund has dismissed reports claiming it has suspended its student loan disbursement programme, describing the widely circulated notice as false.
In a statement shared on its official X platform, Eko Hot Blog reports that the agency clarified that it has not announced any halt to loan payments and urged the public to ignore the misleading message.
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The fake notice, which spread online, alleged that the scheme had temporarily stopped disbursements due to operational challenges.
However, NELFUND firmly rejected the claim, stating that no such decision had been made.
The fund advised students and other stakeholders to rely only on verified updates from its official communication channels to avoid being misled by false information.
This clarification comes as the programme continues to gain attention nationwide. According to government data, the initiative has supported more than one million students, improving access to higher education.
Authorities also noted that over N1.1 billion has been invested in the scheme, while additional programmes linked to it have provided digital skills training to more than 160,000 young people.
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