The Nigerian Education Loan Fund (NELFUND) has released Student Loan Dashboard which shows ‘Total Amount (Institutions + Upkeep) at ₦170,278,160,117’, and, ‘Total Loan Disbursed at ₦54,215,957,649.20’.
This is coming after the Independent Corrupt Practices and Other Related Offences Commission (ICPC) clarified that no fraud or mismanagement has been found in NELFUND.
Earlier, the ICPC said: “Preliminary findings revealed a significant gap in the financial records of the disbursement process. While the Federal Government reportedly released N100 billion for the scheme, only N28.8 billion was disbursed to students, leaving an unaccounted sum of N71.2 billion.”
NELFUND Student Loan Dashboard as of today, May 3rd, 2025:
