‘N355.9bn NELFUND loans face recovery risk’

The Punch | 08-09-2026 12:59am |

A policy brief has warned that the N355.9 billion in student loans disbursed by the Nigeria Education Loan Fund (NELFUND) face significant recovery risks. The brief suggests that integrating the loan system with the Nigeria Revenue Service's income data is crucial for ensuring the sustainability of the program. This integration would enable better tracking of borrowers' income and facilitate loan repayment.

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