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

NELFUND debunks claim of life jail term over loan repayment

The Nigerian Education Loan Fund, NELFUND, has dismissed as false a viral publication claiming that President Bola Tinubu approved life imprisonment for students who fail to repay their education loans after graduation. NELFUND described the claim as “fake news” in a post on its official X account on Sunday, where it also shared an image […]

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

The Nigerian Education Loan Fund, NELFUND, has debunked the speculation that President Bola Tinubu, has approved life imprisonment for students who fail to repay their education loans after graduation. In a post on its verified X handle on Sunday, NELFUND described the claim as fake news. According to the agency, the purported announcement did not originate […] Its fake news, no student will go to jail for loan default – NELFUND

NELFUND Debunks Claim Of Life Jail Term For Students Who Fail To Repay Loans

The agency described the claim as “fake news” in a post on its official X account on Sunday, where it also published an image of the purported newspaper front page being circulated online.

NELFUND debunks fake report claiming students face life imprisonment for unpaid loans — National Accord Newspaper %

Nigerian Education Loan Fund (NELFUND) has dismissed as false a viral report claiming that students who fail to repay their education loans after graduation will face life imprisonment. The Fund described the publication as “fake news” in a post shared on its official X account on Sunday. It also released

NELFund Speaks On Students Loan Defaulters Facing Life Imprisonment

The Nigerian Education Loan Fund (NELFUND) has dismissed a viral claim that President Bola Tinubu approved life imprisonment for students who fail to repay their education loans after graduation.

Did Tinubu approve life imprisonment for students who fail to repay NELFUND loans? Facts emerge

NELFUND has reacted to a viral claim of life imprisonment for loan defaulters, clarifying the actual repayment rules under the Student Loans Act signed by Tinubu.