EFCC Recoveries to Fund Student Loans

• • 1 min read
EFCC Recoveries to Fund Student Loans

ABUJA — President Bola Tinubu has directed that all cash recovered by the Economic and Financial Crimes Commission be transferred to the Nigerian Education Loan Fund, Education Minister Tunji Alausa said after a Federal Executive Council meeting. The council also approved channelling unclaimed dividends and dormant account funds to the scheme, subject to legal frameworks. NELFund says it has more than 1.2 million beneficiaries.

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