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NELFUND Ends Direct Tuition Payments To Schools, New Details Emerge
The Nigerian Education Loan Fund (NELFUND) has revealed plans to replace its current system of paying tuition fees directly to tertiary institutions with a digital token-based payment system.
The move aims to eliminate duplicate payments and enhance transparency in the disbursement process.
The Managing Director of NELFUND, Akintunde Sawyerr, disclosed this during an interview on ARISE News on Sunday.
He explained that the planned upgrade would give students greater control over when their tuition payments are made while ensuring funds are used solely for educational purposes.
What NELFUND is saying
According to Sawyerr, the new system is part of reforms designed to address challenges encountered during the first year of the student loan scheme, particularly cases where students paid their tuition before NELFUND processed and released payments to their institutions.
“We’re looking at a tokenized system where the student has the funds effectively as a token on their telephone, and when they go to the bursary, they can effectively push a button that makes the payment, and then they’re allowed to carry on with classes,” Sawyerr said.
He added that once the upgrade is completed, NELFUND will no longer transfer tuition fees directly to schools.
“Once we are able to successfully achieve that upgrade in the system, it will mean that we no longer pay the schools; the student pays the schools but through a token,” he added.
Sawyerr explained that the agency deliberately chose not to pay tuition loans directly into students’ bank accounts to prevent diversion of funds away from education.
According to him, allowing students unrestricted access to tuition funds could undermine the primary objective of the scheme.
“We chose not to pay students directly for the loans because that would take us into an entirely new area where students get paid for the fees, and they can then make the decision as to whether they want to go to school or not,” he said.
He said the administration of President Bola Tinubu established the scheme to ensure that qualified Nigerians are not denied access to tertiary education because of financial constraints.
“The objective is to ensure that those who have the capacity to go to a tertiary institution are not hindered because they don’t have money,” he said.
The NELFUND boss noted that while students receive upkeep stipends directly, tuition payments are sent through a controlled process to guarantee that the funds are used for their intended purpose.
The proposed payment overhaul comes after NELFUND received numerous complaints from students whose institutions received tuition payments from both the students and the loan fund, creating cases of double payment.
Sawyerr attributed the problem to the fact that the student loan programme commenced in the middle of an academic session, forcing many students to pay their fees to meet examination and registration deadlines before their loan applications were processed.
He said the digital token system, alongside aligning loan disbursements with academic calendars, is expected to significantly reduce such occurrences going forward.
“The fact that we’re now aligning our payment and application cycles to the academic cycle will ease these problems. I don’t think problems ever go away, there’ll be new ones, but we’ll deal with them as they come along,” he said.
The new payment model forms part of NELFUND’s broader efforts to strengthen accountability and improve the efficiency of Nigeria’s student loan programme as beneficiary numbers continue to grow.
What you should know
Earlier this year, Nairametrics reported that NELFUND had disbursed a total of N206.29 billion in student loans to 1,164,222 beneficiaries since the launch of its student loan programme.
This was revealed in the fund’s Daily Status Report generated on March 9, 2026, from the NELFUND student loan portal dashboard.
According to the report, 1,734,985 students have applied for the scheme since the application portal opened on May 24, 2024. Of that number, more than 1.16 million students have received loan disbursements for tuition fees and monthly upkeep allowances.
News
Presidency Asks DSS, EFCC To Probe Govt Officials Linked To PFIPC Scandal
The Presidency has called on security and anti-graft agencies to identify, arrest and prosecute government officials who may have collaborated with Prince Matthew Adeniyi Adeyemi in the alleged operation of two fictitious federal government agencies.
Naija News reports that Adeyemi is accused of creating the Presidential Foreign Intervention Promotion Council and the Presidential Economic Advisory Council using allegedly forged documents purportedly linked to the Presidency.
In a statement on his verified X handle, the Senior Special Assistant to President Bola Ahmed Tinubu on Media and Publicity, Temitope Ajayi, said investigators must go beyond Adeyemi and expose the internal network that allegedly enabled him to operate for an extended period.
Ajayi urged the Department of State Services (DSS), the Nigeria Police Force (NPF) and the Economic and Financial Crimes Commission (EFCC) to investigate all officials within public institutions who may have aided the alleged scheme.
According to Ajayi, much of the public debate has ignored the fact that government institutions detected the alleged fraud and acted on it.
He said officials of the Nigerian Investment Promotion Commission, working with officers of the Ministry of Foreign Affairs, first discovered inconsistencies in Adeyemi’s operations and reported the matter to the appropriate authorities.
“Contrary to the anything-goes narrative being promoted, it was the system itself that raised the red flag and dealt with it administratively,” Ajayi said.
He, however, acknowledged that the suspect could not have operated for long without help from insiders.
“What is not in doubt is that internal collaborators enabled Adeyemi to get this far. That is precisely what investigators from the DSS, the Police and the EFCC must now unravel.
“The criminal network within the affected institutions must be dismantled and everyone found to have played a role should be arrested and prosecuted,” he said.
The Presidency had earlier disowned the disowned the two organisations, insisting that they did not exist as government agencies.
It also maintained that the Chief of Staff to the President, Femi Gbajabiamila, neither authorised Adeyemi’s activities nor had any connection with them.
Ajayi accused Adeyemi of attempting to drag Gbajabiamila into the controversy as a diversionary tactic.
“In Nigeria, the easiest and most believable allegation anyone can throw at a public officer is corruption.
“Once that accusation is thrown into the mix, the water is polluted, the lines are blurred and everyone is kept busy arguing over distractions rather than the real issues,” he wrote.
He described Adeyemi as “an irredeemable con artist” who was using allegations against the Chief of Staff as “his last straw” to avoid criminal liability.
The Presidency insisted that the case should not be framed as evidence of complicity at the highest levels of government, but as an alleged fraud uncovered by the system itself.
News
Jubilation as Nigerian Gov Declares Permanent 13th-Month Salary for Workers
The Delta State Executive Council has approved the institutionalisation of the 13th-month salary for civil servants, the recruitment of more teachers for public secondary schools and the equipping of technical colleges as part of measures to strengthen workers’ welfare and improve education in the state.
Briefing journalists after the Executive Council meeting presided over by Governor Sheriff Oborevwori, the Commissioner for Works (Rural Roads) and Public Information, Mr Charles Aniagwu, said the council approved a memo presented by the governor to make the payment of the 13th-month salary a permanent statutory benefit for workers.
Aniagwu, who addressed the media alongside the Commissioner for Health, Dr Joseph Onojaeme and the Commissioner for Transport, Mr Onoriode Agofure, said the approval would pave the way for an executive bill to be transmitted to the Delta State House of Assembly for legislative backing.
According to him, the move is aimed at ensuring that the payment of the 13th-month salary is no longer dependent on the discretion of any administration but becomes a legal entitlement for civil servants in the state.
He said that once the bill is passed into law, workers in the state would continue to enjoy the benefit beyond the tenure of the present administration.
The commissioner also disclosed that the Executive Council considered the shortage of teachers in public secondary schools, particularly in science subjects, and expressed concern over its impact on the quality of education.
He said the council directed the Ministry of Secondary Education to immediately prepare a memo indicating the number of teachers required for recruitment, adding that the council had, in principle, approved the employment of additional teachers to address the manpower gap in the state’s secondary schools.
Aniagwu further revealed that the council approved the procurement and installation of equipment for the Technical College in Oghareki, Ethiope West Local Government Area, while also approving plans to equip the Technical College in Irri upon completion.
He said the approvals underscored the Oborevwori administration’s commitment to revitalising technical education and equipping young people with practical skills needed for employment and entrepreneurship.
The commissioner added that the Executive Council also considered and approved several matters relating to the health and transport sectors, including new transport routes across the state.
The Commissioner also added that Exco also approved the appointment of HRM Goodnews Goodman Agbi, PhD, Athuaro I as the Ovie of Oyede Kingdom in Isoko North Local Government Area.
Aniagwu said the decisions taken at the meeting reflected the administration’s continued commitment to improving workers’ welfare, expanding access to quality education, strengthening healthcare delivery and enhancing public services across Delta State.
News
FULL LIST: 5 New Things That Will Happen to NYSC Members as Tinubu Takes Fresh Action
President Bola Tinubu has publicly explained the rationale behind his administration’s sweeping reforms to the National Youth Service Corps (NYSC), describing the changes as the most significant overhaul of the scheme since its founding in 1973.
Tinubu outlined the reforms in a statement published on his official X handle on Wednesday, two days after the Federal Executive Council gave its approval on Monday, June 30.
“On the day I was sworn in as your President, I promised to create meaningful opportunities for our young people. I said women and youth would feature prominently in our administration, and this reform is partly the actualisation of that promise,” he said.
While acknowledging that the NYSC had preserved national unity for over five decades, Tinubu argued that Nigeria’s current realities demand a more purposeful approach.
He noted that young people constitute nearly 70 per cent of the country’s population, calling them “the engine” rather than a burden to be managed, Punch reported.
1. Under the new framework, the orientation programme will be extended to six weeks and restructured to cover civic responsibility, leadership, career readiness, entrepreneurship, digital and financial literacy, and specialised training tied to each corps member’s academic background.
2. Training sectors will include agriculture, health, technology, education, law, public service, infrastructure, the green economy, the creative economy, enterprise, and para-military and security services.
3. Deployment will shift to a technology-driven call-up system, with primary postings aligned more closely to individual skills and career streams. For states facing security challenges, Tinubu said deployment would prioritise indigenes, residents, graduates of institutions in those states, and corps members from neighbouring states within the same geopolitical zone.
4. On governance, the NYSC will be led by a civilian Director-General supported by three Executive Directors, one of whom, the Security Services Executive Director, will be drawn from the military or paramilitary ranks. Orientation camps will be assessed under a national grading and certification framework, and states will be required to meet minimum operational standards.
5. Passing-Out Parade would be renamed a Graduation Ceremony, reflecting the administration’s intention for corps members to exit the scheme as trained contributors rather than simply completing a mandatory obligation.
“Every corps member must leave NYSC better prepared for work, enterprise and national service,” he stated.
The President commended the Minister of Youth Development, Ayodele Olawande, Special Adviser on Policy and Coordination Hadiza Bala Usman, the Federal Ministry of Education, and members of the reform committee for their work on the initiative.
He subsequently directed the Federal Ministry of Youth Development and the Federal Ministry of Justice to initiate amendments to the NYSC Act and its subsidiary regulations, giving the reforms a formal legal foundation.
“To every young Nigerian: this nation believes in you. We are building a country worthy of your talent, your ambition and your future,” Tinubu added.
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