NELFUND debunks claim students face life imprisonment over unpaid loans

NAIRAMETRICS | 06-09-2026 04:57pm |

The Nigerian Education Loan Fund (NELFUND) has refuted a viral publication claiming that students who fail to repay their education loans after graduation could face life imprisonment. The agency described the report as false and misleading, urging the public to disregard it. NELFUND reiterated that its loan scheme is designed to support Nigerian students without such punitive measures. The clarification was issued to correct misinformation and reassure beneficiaries.

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