The Nigerian Education Loan Fund (NELFUND)has acknowledged the public clarification by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), admitting errors in its earlier communication regarding the Fund’s financial records and disbursement activities.
A statement by NELFUND’s Director of Strategic Communications, Mrs Oseyemi Oluwatuyi issued on Friday in Abuja commended the ICPC for its professionalism in promptly correcting the record and clarifying that no case of fraud or mismanagement has been established against NELFUND.
According to her, the public correction affirms what NELFUND have consistently maintained that it’s operations are fully digital, data driven, and transparent.
Mrs Oluwatuyi insisted that no kobo is missing, and all funds remain accounted for within the framework of our rigorous approval, verification, and disbursement processes.
She further assured that the Fund is in full compliance with all oversight protocols and regulatory reporting requirements.“As a publicly funded institution, NELFUND welcomes scrutiny and remains open to collaboration with anti-corruption agencies, auditors, the media, and the general public.
She urged all stakeholders to ensure factual accuracy and responsible reporting when covering matters of national importance.
“We remain steadfast in our mission to provide fair, accessible, and sustainable financing for millions of Nigerian students, while upholding the highest standards of institutional integrity and public trust.