NELFUND clarifies what happens when graduates fail to repay student loans

PM NEWS Nigeria | 06-09-2026 06:27pm |

The Nigerian Education Loan Fund (NELFUND) has clarified what happens when graduates fail to repay their student loans. In a post on its official X account, NELFUND described a recent report as fake news. The clarification aims to address misinformation regarding the loan repayment process. NELFUND emphasized that there are established procedures for handling defaults, which are in line with the fund's regulations.

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