Nigeria: Noa, Nelfund Uncover Alleged Unethical Practices in Students Loan Disbursement

Nigeria: Noa, Nelfund Uncover Alleged Unethical Practices in Students Loan Disbursement

Abuja -- Investigations by the National Orientation Agency (NOA) and the Nigerian Education Loan Fund (NELFUND) have revealed alleged unethical practices in the disbursement of the federal government's student loan fund by several tertiary institutions across the country.

NELFund: Nigerian Govt accuses tertiary schools of colluding with banks

The federal government has accused some universities of colluding with banks in unethical practices in the disbursement of student loan funds. The Director-General of the National Orientation Agency, NOA, Lanre Issa-Onilu, revealed this after meeting with the Managing Director of the National Student Loan Fund, NELFund, Akintunde Sawyerr. Issa-Onilu, in a statement on Sunday, said early indications suggest that university officials are withholdi…

Tertiary institutions shortchanging students with loans - NOA - Daily Trust

Recent investigations into the disbursement of the Federal Government Student Loan Fund have uncovered several unethical practices by some institutions of higher learning.  According to the latest report by the Community Orientation and Mobilisation Officers (COMO) of the National Orientation Agency (NOA), schools and banks are conspiring to short-change the students. This is contained in a statement issued on Sunday by the National Orientation …

Tertiary Institutions Shortchanging Students With Student Loans - Roving Naija

Recent investigations into the disbursement of the Federal Government Student Loan Fund have uncovered several unethical practices by some institutions of higher learning. According to the latest reports by the Community Orientation and Mobilisation Officers (COMO), of the National Orientation Agency (NOA), schools and banks are conspiring to short-change the students. Mallam Lanre Issa-Onilu, the Director General of the NOA, announced the findi…

NELFUND: Banks Conniving With Institutions To Short-Change Students – NOA

The National Orientation Agency (NOA) has revealed that some institutions of higher learning and banks are shortchanging students in the disbursement of the Federal Government Student Loan Fund. According to a statement by Paul Odenyi, Deputy Director, Communications and Media at NOA, the agency’s Director General, Mallam Lanre Issa-Onilu, made this disclosure after a meeting with NELFUND Managing Director, Mr. Akintunde Sawyerr. The investigati…

Tertiary schools colluding with banks to shortchange student loan applicants

A probe has alleged unethical practices by some universities and banks in the disbursement of student loan funds.   The National Orientation Agency (NOA), through its community orientation and mobilisation officers (COMO), said some tertiary schools are suspected of conspiring with banks to unfairly disadvantage students who are beneficiaries of the loan scheme.   Lanre Issa-Onilu, the director general of the NOA, revealed these findings after m…