'N355.9bn NELFUND loans at risk as repayment nears'

Nigeria faces potential recovery challenges for the N355.87 billion disbursed by the Nigeria Education Loan Fund (NELFUND) as repayments approach. The iRead To Live Initiative urged the government to integrate NELFUND with income data from the Nigeria Revenue Service to track beneficiaries, especially self-employed graduates. The current repayment framework may leave the government unable to trace a significant number of beneficiaries when repayment obligations begin.