Tinubu Mandates EFCC Recoveries, Unclaimed Funds for Education Loan Program
Nigerian President Bola Tinubu is fortifying the nation's education sector, directing all recovered funds from the EFCC and unclaimed dividends to bolster the Nigerian Education Loan Fund (NELFUND). This strategic move aims to ensure the long-term financial sustainability of the student loan program, expanding access to tertiary education for countless Nigerian students. The directive emphasizes utilizing resources recovered on behalf of Nigerians to empower its youth.
President Bola Tinubu has opened a new funding pathway for the Nigerian Education Loan Fund, NELFUND directing that all cleared and unencumbered funds recovered by the Economic and Financial Crimes Commission, EFCC, be channelled to the Fund to strengthen its long-term financial
This story was sourced from AIT Live and rewritten in SEVA editorial voice. Read the full original at the source.