EFCC Recoveries, Unclaimed Dividends, Dormant Funds Will Strengthen NELFUND – Minister

Tinubu Directs Recovered EFCC Funds To NELFUND To Boost Student Loans

Tinubu directs recovered EFCC funds to NELFUND to boost student loans By Jumoke Olaitan   ‎President Bola Tinubu has directed that all legally cleared and unencumbered funds recovered by the Economic and Financial Crimes Commission (EFCC) be channelled to the Nigerian Education Loan Fund (NELFUND).   ‎This is contained in a statement issued on Monday in Abuja by Mr Ikharo Attah, News Agency of Nigeria

Alausa: AGF Will Review Laws for Transfer of Recovered Funds to NELFUND

Tunji Alausa, minister of education, says Lateef Fagbemi, attorney-general of the federation and minister of justice, will review relevant laws to facilitate the transfer of recovered funds to the Nigeria Education Loan Fund (NELFUND). This follows President Bola Tinubu’s directive that all funds recovered by the Economic and Financial Crimes Commission (EFCC) be channelled to the student loan scheme. Speaking on Wednesday during a press briefin…

FG Targets EFCC Recoveries, Unclaimed Dividends to Fund NELFUND

The Federal Government has moved to broaden the financial base of the Nigerian Education Loan Fund (NELFUND) by directing that legally cleared recoveries fro...

EFCC recoveries, unclaimed dividends, dormant funds will strengthen NELFUND – Minister

WorldStage– Minister of Education, Dr. Rauf Tunji Alausa has said that President Bola Ahmed Tinubu has opened a new funding pathway for the Nigerian Education Loan Fund, NELFUND, and directed all cleared and unencumbered funds recovered by the Economic and Financial Crimes Commission, EFCC, be channeled to the Fund to strengthen its long-term financial sustainability and expand access to tertiary education for Nigerian students. According to him…

NELFUND Funding Plan Faces Legal Hurdle Over Unclaimed, Dormant Funds

…Only Litigation-Free EFCC Recoveries Qualify For Disbursements– Minister The Federal Government’s plan to strengthen funding for the Nigerian Education Loan Fund (NELFUND) with unclaimed dividends and dormant account funds may require amendments to existing laws before the resources can be accessed, the Minister of Education, Dr. Maruf Alausa, has disclosed. Alausa said on Monday that while President Bola Ahmed Tinubu had directed the considera…

Cleared EFCC recoveries, unclaimed dividends and dormant funds will strengthen NELFUND, says Alausa

President Bola Ahmed 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 sustainability and expand access to tertiary education The post Cleared EFCC recoveries, unclaimed dividends and dormant funds will strengthen NELFUND, says Alaus…