The Nigerian Education Loan Fund on Friday acknowledged receipt of N50bn from the Economic and Financial Crimes Commission.
In a statement by NELFUND’s Head of Corporate Communications, Oseyemi Oluwatuyi, the loan fund said it, “expressed its pleasure as it receives an additional N50 bn from the Economic and Financial Crimes Commission.”
Oluwatuyi noted that the release followed the directive of President Bola Tinubu in his speech on August 4, 2024, directing the EFCC to transfer the funds to NELFUND to further boost the student loan programme.
