NELFUND moves to stop students collecting loans while parents pay fees

Nigeria’s Education Loan Fund (NELFUND) plans to stop students from receiving loans while leaving their parents to pay their tuition fees. Managing Director Akintunde Sawyerr said parents will be able to verify whether NELFUND has paid their children’s fees, without necessarily seeing the amount. The fund will hold re-education workshops across Nigeria’s six geopolitical zones to explain the payment system to students, parents and tertiary institutions. The payment-system pilot covers 400,000 students.