EFCC denies donating N50bn to NELFUND to support student loan scheme

  • The Economic and Financial Crimes Commission (EFCC) has denied donating N50 billion to the Nigerian Education Loan Fund (NELFUND)
  • The anti-graft agency said N50 billion injected to support the student loan scheme was not a donation from the Commission
  • The EFCC said It is not in its place to determine where the federal government commits recovered proceeds of crime

EFCC denies donating N50bn to NELFUND
Photo credit: Economic and Financial Crimes CommissionSource: FacebookAs the Commissions Chairman, Ola Olukoyde disclosed during a courtesy visit to the Commission by the NELFUNDs Managing Director and Chief Executive Officer, Mr. Akintunde Sawyerr on August 13, 2026, that the EFCC will monitor the use of the funds to ensure accountability and the realization of the objectives of the Scheme.Student loan: UI announces refund of school fees

READ IN FULL ON LEGIT.NG


Tinubu’s minister orders immediate reopening of Lagos bridge to ease traffic
The Minister of Works, Dave Umahi, has ordered the immediate reopening of the Independence Bridge in Lagos to ease severe traffic congestion Federal Controller of Works, Olukorede Kesha, confirmed that remedial measures are being implemented to restore vehicular movement The bridge was initially set for closure until May 2025 for repairs, but worsening gridlock prompted ... Read more Continue reading here ▶


One major reasons Tinubu fired Kyari, NNPCL board emerges
President Bola Tinubu dismissed Mele Kyari and other NNPCL board members due to concerns over their performance Tinubu has set ambitious targets for the new leadership, including increasing daily crude oil production to three million barrels by 2030 and boosting gas output to 10 billion cubic meters The reconstituted NNPCL board includes industry experts, with ... Read more Continue reading here ▶


Farmer slumps on hearing false alarm, eventually dies, family makes request
A 54-year-old farmer, Jeremiah Onuminya, tragically collapsed and died in Usha, Agatu Local Government Area, following a false alarm about an impending attack Local authorities confirmed that exhaustion while fleeing was the cause of his death, urging residents to verify information to prevent panic The incident coincided with allegations of cattle poisoning in the area, ... Read more Continue reading here ▶


Pregnant woman dies as hospital allegedly refuses treatment over N500k deposit
A pregnant woman, identified as Kemi, tragically lost her life after a private hospital allegedly refused her treatment due to her husband’s inability to deposit N500,000 for treatment Her husband, Akinbobola Folajimi, shared a heartbreaking video on social media capturing her final moments and detailing their ordeal As usual, Nigerians on social media reacted differently ... Read more Continue reading here ▶


Food security: 5 FG's policies "yielding positive results" as Tinubu, Kyari get…
The Good Governance Advocates of Nigeria (GGAN) has spoken on FG’s agricultural policies, hailing President Tinubu and agriculture minister Abubakar Kyari The group highlighted global collaborations and domestic initiatives, including fertilizer distribution and food aid, as crucial steps toward agricultural growth and food security GGAN also noted a significant drop in food pricesup to 70% ... Read more Continue reading here ▶


Leave a Comment