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NELFUND Refutes N71.2bn Student Loan Disbursement Fraud

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NELFUND

By Adedapo Adesanya

The Nigerian Education Loan Fund (NELFund) has denied claims of mismanagement in disbursing student loan funds.

This development comes after the Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it was investigating alleged corruption in the disbursement of the funds.

In a statement by the fund’s Director of Strategic Communications, Mr Oseyemi Oluwatuyi, NELFund said ICPC’s comment was taken out of context.

“These reports, which suggest misappropriation and mismanagement of funds, are entirely false, grossly irresponsible, and deeply damaging to the integrity of an institution established to deliver financial hope to millions of Nigerians,” Mr Oluwatuyi said.

“All institutional fees are paid directly to verified institutions, while upkeep allowances go into the verified bank accounts of eligible students,” she said.

“The reports circulating in the public space are based on outdated figures and previous interventions that predate our operations.”

Equally, the ICPC has clarified its earlier statement on the student loan.

The institution’s spokesman, Mr Demola Bakare, said the agency’s move to investigate the disbursement of the funds was due to claims that 51 schools were involved in illegal deductions and exploitation related to the NELFund scheme.

“The ICPC confirmed that a clear case of discrepancies has been established in the administration of the student loan scheme and announced that its investigation will now extend to beneficiary institutions and individual student recipients,” the agency’s statement partly read.

In an update, Mr Bakare clarified that: “Unintentionally, the word ‘NOT’ was missing in the second to the last paragraph of our earlier press release in respect of an ongoing investigation regarding the Student Loan Scheme. The missing word created an erroneous impression that the alleged discrepancies or diversion had been established.

“We admit that this is not the case, indeed, we accept that the same part of the sentence also contradicted the whole paragraph. The paragraph ought to read: ‘The ICPC confirmed that a clear case of discrepancies has NOT been established in the administration of the student loan scheme and announced that its investigation will now extend to beneficiary institutions and individual student recipients.’

“For avoidance of doubt, the commission has only established the total amount of funds received and disbursed so far by NELFUND. The impression of diversion and the issue of discrepancies do not exist at this stage; the investigation would have to move into the receiving institutions and persons before any reasonable deductions could be made.”

It was claimed that out of the N100 billion approved for disbursement, about N71.2 billion was unaccounted for, prompting an investigation by the ICPC.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Education

2025 Agreement: ASUU Gives 21 State Universities 14-Day Ultimatum

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ASUU

By Adedapo Adesanya

The Academic Staff Union of Universities (ASUU) has issued a 14-day ultimatum to 21 state-owned universities over alleged failure to implement key provisions of the 2025 agreement reached with the federal government.

The union warned that the affected universities could be heading for industrial action if their respective authorities fail to resolve the outstanding issues within the two-week window.

The ultimatum was one of the major resolutions reached at ASUU’s National Executive Council (NEC) meeting held at the University of Abuja recently.

In a statement signed by ASUU President, Professor Christopher Piwuna, the union expressed concern over what it described as the “haphazard implementation” of the 2025 Federal Government-ASUU agreement, accusing relevant authorities of displaying a lackadaisical attitude towards its implementation.

ASUU said the problem was particularly pronounced in several state universities, where university visitors had allegedly failed to implement the agreement, leaving affected branches with little option but to seek NEC’s approval to commence the process for industrial action.

Consequently, NEC authorised the affected branches to issue 14-day ultimatums to their university authorities, after which strike procedures would commence if the issues remained unresolved.

The universities affected include Nasarawa State University, Keffi; Ibrahim Badamasi Babangida University, Lapai; University of Medical Sciences, Ondo; Gombe State University; Plateau State University, Bokkos; Adekunle Ajasin University, Akungba; Ambrose Alli University, Ekpoma; Olusegun Agagu University of Science and Technology, Okitipupa; Abia State University, Uturu; and University of Education and Entrepreneurship, Akamkpa.

Others are Emmanuel Alayande University of Education, Oyo; Kaduna State University; Aliko Dangote University of Science and Technology, Wudil; Northwest University, Kano; Enugu State University of Science and Technology; Imo State University, Owerri; Niger Delta University, Wilberforce Island; University of Africa, Toru-Orua; Bayelsa Medical University, Yenagoa; and Taraba State University, Jalingo.

According to the union, the 14-day ultimatum is a precondition for the affected branches to begin formal procedures for industrial action.

ASUU said branches in the Sokoto Zone had already issued a similar two-week ultimatum, while NEC would reconvene in an emergency session at the end of August or early September to assess developments and determine the union’s next line of action.

The union also revived its “No-pay-No-work” position, directing branches in federal universities where salaries had been withheld or underpaid to take appropriate action.

It specifically cited affected universities, including universities of agriculture, where members had allegedly received incomplete salaries.

Beyond the salary and agreement implementation disputes, ASUU maintained its opposition to the National Education Repository Databank (NERD), insisting that unresolved questions surrounding its hosting arrangements and intellectual property rights must first be addressed.

The union also waded into the country’s political process, urging its members to participate actively in politics and approving the establishment of an ASUU Independent Monitoring Group.

The group, according to the union, will monitor and observe elections across the country.
Meanwhile, growing insecurity within university campuses also featured prominently in the NEC deliberations.

ASUU expressed concern over attacks and other security incidents that had claimed the lives of members, directing affected branches to engage the police and other relevant security agencies in pursuing justice for victims.

Branches were also mandated to document cases of insecurity and present comprehensive records to the union’s NEC for further action.

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Education

WAEC Releases 2026 WASSCE Results, 61.54% Candidates Pass

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WAEC

By Adedapo Adesanya

The West African Examinations Council (WAEC) has released the results of the 2026 West African Senior School Certificate Examination (WASSCE) for school candidates, with 61.54 per cent of candidates obtaining credits in at least five subjects, including English Language and Mathematics.

The Head of WAEC’s Nigeria National Office, Mr Amos Dangut, announced the results at a press briefing in Lagos on Wednesday.

Mr Dangut said 1,200,514 candidates met the benchmark for admission to higher institutions, out of the 1,950,726 candidates who sat the examination nationwide, held between April 24 and June 19.

He said 102,708 examiners were engaged in the marking exercise held at 88 marking venues across the country between 2 July and 20 July.

“Today, I am happy to inform you that all the processes leading to the release of results have been completed. It is now my pleasure to announce the release of the results of candidates who sat the WASSCE for School Candidates, 2026 in Nigeria,” he said, directing candidates to the agency’s portal to access their results.

“UPDATE: 2026 WASSCE (SC) results have been released. Generate your PIN at waec.org and check your results now on waecdirect.org,” the examination body said, noting that candidates must obtain their Serial Number and PIN before they can check their results.

To generate the required credentials, candidates are expected to visit WAEC’s official website and select the “Serial Number and PIN” option at the top of the page.

They are then required to select the appropriate examination year and diet, enter their examination number and National Identification Number (NIN), and ensure that the NIN provided is the same one used during registration for the examination.

Candidates must also provide their email address and phone number to receive a One-Time Password (OTP).

After entering the OTP, candidates can recover their Serial Number and PIN, which they can subsequently use to check their results through WAEC Direct.

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Education

Groups Tutor Female Students About Risks Associated With Shisha, Vaping

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Breathe of Life Cleggs Girls High School students

By Aduragbemi Omiyale

Over 200 senior students of Cleggs Girls High School, Surulere, Lagos, were on July 23, 2026, engaged in practical knowledge about the risks associated with smoking, vaping, and shisha.

This engagement was made possible through a collaboration between Breathe Life Foundation and Teach Nigeria Fellow.

Participants were students aged 15–19 years. They were also informed about the misconception that shisha is a safer alternative to cigarettes or other substances.

Through an engaging and interactive discussion, students explored the influence of peer pressure and learned practical strategies for making healthier, more informed lifestyle choices.

They also gained a better understanding of common environmental triggers of asthma and other respiratory conditions, including cigarette smoke, generator fumes, bush burning, mosquito coil smoke, candles, charcoal, and firewood.

The session highlighted an important reality: young people may not always recognise how seemingly routine lifestyle choices and environmental exposures can gradually affect their respiratory health, quality of life, and long-term wellbeing.

For Breathe Life Foundation, this reinforces the importance of shifting the conversation from treatment to prevention through awareness and education.

By equipping young people with the knowledge to identify risks and make healthier choices early, the foundation is helping to build a generation that is more conscious of – and better prepared to protect – its respiratory health.

The organisation said it is dedicated to advancing respiratory health, an often-neglected public health priority. Healthy lungs are essential to life, yet respiratory diseases remain among the world’s leading causes of death and disability, even though many are preventable and treatable.

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