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NELFUND Clarifies: No Suspension of Student Upkeep Allowances

NELFUND Clarifies: No Suspension of Student Upkeep Allowances

The Nigerian government has firmly refuted rumors of suspending the Student Upkeep Allowance under its education loan program. In an official statement released on Thursday, the Nigerian Education Loan Fund (NELFUND) spokesperson, Mrs. Oseyemi Oluwatuyi, categorically denied any such directive.

Recent reports had suggested that the government decided to halt the disbursement of upkeep allowances to students. However, NELFUND has labeled these reports as entirely false and misleading, emphasizing that no such suspension has been ordered.

The organization urged the public to avoid sharing unverified information that could spread misinformation and create unnecessary panic among students and their families across the country. “The Fund remains steadfast in its commitment to expanding access to higher education and supporting Nigerian students through sustainable financing initiatives,” the statement read.

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