Tinubu said the nomination followed the exit of the immediate past chairman of the AMCON board.

After reading the letter, Akpabio referred the nomination to the Senate Committee on Banking, Insurance and Other Financial Institutions.

The committee was directed to screen the nominee and report back within two weeks.

AMCON was established in 2010 to stabilise Nigeria’s financial system by acquiring non-performing loans from banks and recovering outstanding debts.

Appointments to the corporation’s board are subject to Senate confirmation.

Verification

Dubawa, a fact-checking platform, discovered that the photograph attached to the viral claim was that of Ghana’s former Chief Justice, Justice Gertrude Torkornoo.

Findings revealed that no judge identified as “Tsamma Abubakar” was among any of the panels that handled the 2023 presidential election petitions.

The seven-member panel of judges at the Supreme Court were Justices Inyang Okoro, Adamu Jauro, Uwani Musa Abba Aji, Lawal Garba, I.N. Saulawa, Tijjani Abubakar, and Emmanuel Agim.

While those at the Court of Appeal panel members are Justice Haruna Tsammani, Justice Stephen Adah, Justice Misitura Bolaji-Yusuf, Justice Boloukuoromo Ugoh, and Justice Abba Mohammed.

The viral claim likely distorted the name of Justice Haruna Simon Tsammani, who chaired the 2023 Presidential Election Petition Court, to push the fake report.

Conclusion The claim that the judge who declared Tinubu of the All Progressive Congress (APC) the winner of the 2023 presidential election lost his eyesight after surgery is false.

There is no evidence, official statement or report from a credible news platform that any member of the 2023 election petition panels lost their eyesight after surgery in London.

Source: legit

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.