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ICPC begins probe of alleged NELFUND scam involving 51 higher institutions

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced a comprehensive investigation into alleged discrepancies surrounding the disbursement of student loans under the Nigeria Education Loan Fund (NELFUND).

This action follows a recent media report alleging that no fewer than 51 tertiary institutions were implicated in illegal deductions and exploitation related to the NELFUND scheme.

These institutions were alleged to have made unauthorised deductions ranging from N3,500 to N30,000 from each student’s institutional fees received through the loan fund.

Preliminary findings revealed a significant gap in the financial records of the disbursement process. While the Federal Government reportedly released N100 billion for the scheme, only N28.8 billion was disbursed to students, leaving an unaccounted sum of N71.2 billion.

The Commission confirmed that its Chairman’s Special Task Force immediately swung into action upon receiving the report. Letters of investigation and invitations were dispatched to key stakeholders, including the Director General of the Budget Office, the Accountant General of the Federation, and senior officials from the Central Bank of Nigeria.

Additionally, the Chief Executive Officer and Executive Director of NELFUND were invited to provide documentation and explanations relevant to the case. According to the Commission, the responses received were critically analyzed, and interviews were conducted with the concerned individuals.

According to the ICPC, its strength of investigation revealed that the total money received by NELFUND as of March 19, 2023, was N203.8 billion.

“The breakdown showed that N10 Billion was an allocation from the Federation Allocation Account Committee, N50 billion was from the Economic and Financial Crimes Commission, N71.9B was from the Tertiary Education Trust Fund, while another N71.9 billion was also from the same Tertiary Education Trust Fund.”

ICPC, however, found that the total amount disbursed to institutions from inception to date is about N44,200,933,649.00, while a total of 299 institutions have benefited from the funds released.

To date, the total amount disbursed to 299 beneficiary institutions stands at approximately N44.2 billion, with 293,178 students having benefited from the fund.

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.

Education

Peter Obi Reacts After UNIZIK Staff Told Him That They Have Been Working For 5 Years Without being paid salary.

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‎On June 6, 2025, Peter Obi, a notable Nigerian politician, drew attention to the distressing situation of Nnamdi Azikiwe University (UNIZIK) staff in Awka, who have gone unpaid for five years.

‎In a post on X at 4:30 PM WAT, Obi shared insights from his meeting with the affected teaching and non-teaching staff, describing their experiences as “shocking and heartbreaking.

‎” These employees, hired between 2019 and 2020, have been excluded from the Integrated Payroll and Personnel Information System (IPPIS), a federal payroll platform, resulting in non-payment of their salaries.”

‎He state the affected staff told him that they have written multiple petitions and appeals, both within Nigeria and international bodies but their situation has remained unchanged.

‎He called on the Federal Government to urgently enroll the staff on IPPIS and settle all outstanding salary arrears, framing the situation as both a humanitarian and moral concern. Obi stressed that neglecting educators jeopardizes the nation’s future and that the dignity of Nigerian workers must be upheld.

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Anambra Govt Close School after Vigilante Detain, Torture Principal and VP

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‎Anambra state government has ordered closure of Community Secondary School Awor-Ezimuzor, Ezinifite, Nnewi South Local Government Area following alleged unlawful arrest, torture and detention of Principal and Vice Principal of the school by Vigilantee group of the community.

‎The Commissioner for Education, Prof. Ngozi Chuma-Udeh who gave the directive said the school would remain closed until safety of the Principals, staff and students of the school were fully guaranteed.

‎“The closure follows disturbing report of the unlawful arrest, torture and detaining of the Principal and Vice Principal of Community Secondary School Awor-Ezimuzor, Ezinifite, Nnewi South Local Government Area, without food, water and toilet facilities for three days by the Vigilantee group of the community.

‎“The closure is to ensure security and safety of the students who are already traumatized by the development, even while writing their Basic Education Certificate Examination and West African School Certificate Examination

‎“This directive will remain effective until the safety of the Principal, staff, and students is fully guaranteed.

 

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London School Of Economics Dismisses 71-Year-Old UK-Based Nigerian Cleaner After Accusing Her Of Theft

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According to Metro UK, which reported the case on Thursday, Damiro moved to the United Kingdom from Nigeria in 1971 and had worked at LSE for 13 years.

Janet Olufunke Damiro, a 71-year-old Nigerian grandmother, has been dismissed from her cleaning job at the London School of Economics after being accused of stealing a bracelet — an item she says she simply forgot to hand in.

According to Metro UK, which reported the case on Thursday, Damiro moved to the United Kingdom from Nigeria in 1971 and had worked at LSE for 13 years.

She explained that she found a gold bracelet during her shift and placed it in her purse, intending to hand it in later.

When questioned by management three days later, she returned the bracelet but was still suspended and eventually dismissed in April for gross misconduct.

“I can’t sleep. I have never had a bad record or been to HR before in my life,” Damiro said. “LSE have treated me really badly. It was my only job, and I loved working there. I never expected to be suspended or dismissed.

I did not steal this thing. If I see any items, I always hand them over. This is the first time in my life I have had a problem like this since I came to this country. It is really bugging me.”

Over 70 of her colleagues, including three supervisors, have written to the LSE management in support of her, insisting on her honesty and professionalism.

“Janet has always conducted herself with integrity and consistently demonstrated a strong work ethic,” their letter stated.

Her trade union, United Voices of the World (UVW), has appealed the dismissal and criticised how the university handled the case. Speaking with UVW, Damiro said, “I don’t steal. I’m not a thief.

I’ve worked at LSE for over 10 years without any problems. I just forgot. At my age, you can forget like that. They look at me like I’m a thief.

It’s unfair. I’ve not been myself at all, I don’t sleep at night. I don’t have a job now, but I have to pay my rent and bills. Who’s going to employ me at this age?”

The university has declined to comment publicly, citing the ongoing nature of the case.

Meanwhile, LSE students have launched a petition calling for her reinstatement and describing the punishment as “deeply disturbing” for what they believe was a “minor mistake.”

An appeal hearing initially scheduled for 22 May was postponed, with a new date now set for later in June.

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