“No money is missing. No money has been stolen. There’d be some issues with what happens at this phase, where human intervention comes in,” the NELFUND boss said.
A Stellar Performance by NELFUND CEO on Channels TV
Tonight’s appearance of the MD/CEO of NELFUND, Mr. Akintunde Sawyerr, on Channels Television’s Sunday Politics with Seun Okinbaloye, was nothing short of exemplary. Nigerians across the country watched with pride as Mr. Sawyerr… pic.twitter.com/sxOusaah2m
— Renewed Hope United Kingdom (@RenewedHopeUK) May 4, 2025
The Nigeria Education Loan Fund (NELFUND) insists no money is missing from the student loan scheme despite claims to the contrary.
A recent report had alleged that some schools were diverting money meant for the scheme operated by NELFUND. That prompted the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to launch an investigation into the matter.
However, NELFUND’s Managing Director and Chief Executive Officer (CEO), Akintunde Sawyerr, said the fund has a clean bill of health.