Its fake news, no student will go to jail for loan default - NELFUND

Author: Matthew AtungwuPublished on: September 6, 2026Country: Nigeria
Politics
Its fake news, no student will go to jail for loan default - NELFUND

The Nigerian Education Loan Fund, NELFUND, has debunked rumors that President Bola Tinubu approved life imprisonment for students who fail to repay their education loans after graduation. The agency described the claim as fake news and stated that the purported announcement did not originate from the government. NELFUND also published an image of a supposed newspaper front page circulating online with this headline.

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