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NELFUND: Education Minister reacts to alleged deduction of student loans by universities

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Honourable Minister of Education, Dr. Marut Olatunji Alausa

The Ministry of Education has announced that it is investigating allegations of unauthorised deductions from students’ loans and NELFund accounts by universities.

The ministry’s Director of Press and Public Relations, in a statement, said that an urgent meeting has been scheduled for 6 May 2025 with the vice chancellors of the affected universities and the Managing Director of NELFund.

Recall that the Independent Corrupt Practices and Other Related Offences Commission, ICPC, had also revealed an ongoing investigation into NELFund.

The statement from the Ministry read:
“The Federal Ministry of Education has received with deep concern a report published by The Guardian Newspaper on Tuesday, April 29, 2025, alleging some Nigerian universities to have made unauthorized deductions from funds disbursed under the Nigerian Education Loan Fund (NELFund) scheme.

“The Honourable Minister of Education, Dr. Marut Olatunji Alausa, described the allegations as ‘very disturbing and extremely concerning,’ emphasizing that any unauthorized deductions from student loans not only breach financial ethics but also undermine the very foundation upon which NELFund was established. He stated that if proven true, such actions would constitute a gross violation of public trust and a betrayal of the government’s commitment to equitable access to education.

“As part of our National Education Sector Reform Initiative (NESRI), governance remains the top pillar of our agenda,” Dr. Alausa said. “We are committed to strengthening transparency, promoting responsible financial conduct, and ensuring that every kobo allocated for student welfare is used appropriately. Let me assure Nigerians that this matter will not be swept under the carpet. Anyone found culpable will face appropriate sanctions.”

“Dr. Alausa further emphasized that President Bola Ahmed Tinubu, who established NELFund as a flagship initiative, made adequate budgetary provisions to support both students and institutions in a fair and transparent manner.”NELFund was created to expand students’ access to high-quality education and to support universities financially in a legal and sustainable way. Any attempt to exploit this fund is unacceptable and contradicts the President’s vision for inclusive human capital development.

“The Honourable Minister reaffirmed the administration’s commitment to protecting public funds and ensuring that students receive the full benefits of all government education support schemes.

“In response, the Ministry is convening an urgent meeting on May 6, 2025, with the Vice Chancellors of the affected universities and the Managing Director of NELFund. The meeting will aim to thoroughly investigate the matter, ensure full accountability, and reaffirm the Ministry’s zero-tolerance policy toward financial malpractice in the education sector.

“To reinforce this effort, the Ministry, in collaboration with the Athena Centre, will launch a compliance-tracking initiative and a countdown webpage to monitor institutional transparency. They will also offer technical assistance and introduce an Annual University Transparency Index to promote accountability and enhance the global relevance of Nigerian universities.

“Additionally, a training programme will be organised for bursars and ICT heads of universities and polytechnics on the development and maintenance of an open-portal initiative.”

Education

Fed Poly Nekede, environ under siege, as masked gunmen attack 2 students

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  • Fear grips community over alleged threat letter

There was pandemonium within the vicinity of the Federal Polytechnic Nekede in Owerri West Local Government Area of Imo State on Monday when two students of the institution were allegedly ambushed and attacked on their way back from Owerri Municipality, where they had gone to buy an electricity generating set.

A source close to one of the victims who spoke to our reporter said the two friends were driving back to the school through the Amaeze Obibi-Ezena Road at about 7:30 p.m. on Monday when they saw some people flashing torchlights by the bush side. “They initially thought they were security men and kept driving, but the one on the passenger seat suddenly noticed that those they thought were security men had their faces covered,” the source said.

He continued: “He shouted and told his friend to reverse the car. But as soon as they reversed, the gunmen opened fire and riddled the car with bullets. Fortunately, they escaped unhurt.”

The frightening incident has further fueled reports circulating in the area alleging plans by suspected Fulani herdsmen to launch coordinated attacks on Nekede-where the Federal Polytechnic is located-and neighbouring communities.

Anxiety in the area has intensified due to unconfirmed reports that the gunmen had written a letter to community leaders, demanding a certain amount of money to prevent an imminent attack. It was also alleged that intelligence reports suggest that several armed groups who have infiltrated the area have concluded plans to strike within a specific time frame. These reports further claim that the suspected attackers have been receiving supplies, arms, and ammunition for some time and are being reinforced from outside.

Recall that there have been consistent reports of frightening security challenges in the region, caused by the nefarious activities of gunmen who for a very long time have kidnapped, raped, maimed, and even killed their victims around the FUTO, Ihiagwa, Obinze, Avu, and Oforola axis- all in Owerri West Local Government Area.

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Education

Public Notice: Disclaimer On False School-closure Message In Circulation

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The Federal Ministry of Education hereby informs the general public that a message currently circulating on social media platforms, alleging that schools nationwide have been directed to close from 24th November 2025, is false, misleading, and did not originate from the Federal Government, the Federal Ministry of Education, any State Ministry of Education or any recognized security agency.

The public is strongly advised to rely strictly on verified information issued through the following official channels:

The Federal Government, The Federal Ministry of Education, State Governments and State Ministries of Education Recognised security agencies

Any announcement, advisory, or notice coming from unofficial or unverified sources should be ignored and not shared. Members of the public are urged to always verify the authenticity of information before circulating it in order to curb the spread of misinformation.

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Education

FG orders closure of unity colleges over security concerns

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Due to the resurgence in the abduction of students in schools in some parts of the country, the Federal Government on Friday ordered the closure of 41 unity colleges with immediate effect.

In a statement signed by the Director, Senior Secondary Education, Hajiya Binta Abdulkadir, on behalf of the Honourable Minister, said the closure is to prevent possible breach of security in the listed schools.

The principals of the affected schools were directed to comply without delay.

According to the circular, the affected schools are: FGGC Minjibir, FTC Ganduje, FGGC Zaria, FTC Kafanchan, FTC Dayi, FGC Daura, FGGC Tambuwal, FSC Sokoto, FTC Wurno, FGC Gusau, FGC Anka, FGGC Gwandu, and FGC Birnin Yauri.

Others are FTC Zuru, FGGC Kazaure, FGC Kiyawa, FTC Hadejia, FGGC Bida, FGC New-bussa, FTC Kuta-shiroro, FGA Suleja, FGC Ilorin, FGGC Omuaran, FTC Gwanara, FGGC Bakori, FGC Ugwolawo, FGGC Kabba, FTC Ogugu, FGGC Bwari, FGC Rubochi, FGGC Abaji, and FGGC Potiskum.

Also affected by the immediate closure order are: FGC Buni Yadi, FTC Gashua, FTC Michika, FGC Ganye, FGC Azare, FTC Misau, FGGC Bajoga, FGC Billiri and FTC Zambuk.

An analysis of the list showed that most of the schools affected were in the Northwest, Northeast and North Central.

Only few days ago, some students were abducted from their school in Kebbi and only on Friday scores of students were abducted from another school in Niger State.

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