EFCC, NELFUND Move to Tighten Controls as Student Loan Diversion Comes Under Fresh Scrutiny
The Economic and Financial Crimes Commission (EFCC) and the Nigerian Education Loan Fund (NELFUND) have entered into a new partnership aimed at strengthening safeguards around the management and disbursement of funds meant for Nigerian students. The two agencies signed a Memorandum of Understanding (MoU) in Abuja on Wednesday, September 23, 2026, with financial crime prevention,…