African Democratic Congress, ADC, chieftain, Dino Melaye, has alleged corruption in the running of the Nigerian Education Loan Fund, NELFUND, and the Federal Government’s student loan scheme under President Bola Tinubu.
Melaye described NELFUND as a “haven of corruption” while questioning the adequacy of the N20,000 monthly upkeep allowance provided to student beneficiaries.
He also challenged the administration’s description of the scheme as an initiative to pay students’ school fees, arguing that N20,000 could not reasonably cover annual tuition in government-owned tertiary institutions.
“Which government school takes N20,000 as annual school fees?” Melaye asked.
