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- The Nigerian Education Loan Fund (NELFUND) is simply a assemblage dedicated to providing indebtedness facilities to assistance Nigerian students enactment successful school
- Since its inception successful 2024, implicit 100,000 students person received disbursements to instrumentality attraction of their tuition fees and monthly stipends
- However, the assemblage has present exposed a fraudulent website designed similar NELFUND's and extracting delicate information from Nigerian students
Ruth Okwumbu-Imafidon, a writer with Legit.ng, has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.
The Nigerian Education Loan Fund (NELFUND) has raised alarm implicit a fake online indebtedness portal targeting Nigerian students with fraudulent messages.
NELFUND warned the students to beryllium cautious of specified portals and their misleading messages directing students to apply.
NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, released a connection successful Abuja connected Monday, with the warning.
Source: Twitter
He said:
“The attraction of NELFUND has been drawn to a fraudulent connection presently circulating online, falsely claiming that President Bola Tinubu has directed the reopening of the NELFUND Student Loan portal.“The portal is with a nexus to a fake website: https://nelfund-student-loan-2025.po-rt-al.com/NELFUND/“We privation to categorically authorities that this website is FAKE, and the accusation contained successful the connection is mendacious and misleading.”Oluwatuyi urged the public, peculiarly students, parents, and guardians, to beryllium alert and debar clicking connected specified unverified links.
She reiterated that NELFUND lone has 1 authoritative portal for pupil indebtedness application, and that is: https://nelf.gov.ng
As reported by Channels News, she encouraged the nationalist to debar submitting idiosyncratic oregon fiscal accusation connected suspicious websites.
She called for the nationalist to study suspicious messages and website links to NELFUND via email utilizing [email protected]
The NELFUND enforcement advised students to get existent accusation and scope retired done the authoritative societal media level @nelfund connected Instagram and X, and Nigerian Education Loan Fund – NELFUND connected Facebook and LinkedIn.
NELFUND said it is committed to transparency, safety, and fairness successful the indebtedness exertion process, adding that it would ever marque announcements done its verified platforms.
NELFUND deploys IT squad to universities
Recall that pursuing issues with pupil indebtedness applications, NELFUND announced plans to deploy IT teams to linked institutions crossed Nigeria and integrate 'Student Loan' directly arsenic a outgo enactment connected their portals.
This is expected to easiness the indebtedness exertion process and forestall fraud by the stakeholders.
The Managing Director of NELFUND, Akintunde Sawyerr, noted that the projected integration would destruct respective bottlenecks successful the pupil indebtedness exertion process.
Source: Getty Images
This is successful enactment with earlier statements from NELFUND, clarifying that it would ne'er disburse tuition fees to the students, but would pay straight to the institution.
NELFUND warns institutions against fraud
In related news, NELFUND has threatened ineligible action against institutions recovered to beryllium extorting students oregon withholding information.
Legit.ng earlier reported that immoderate students were inactive being extorted by the institutions adjacent aft loans had been disbursed successful their names.
Findings revealed that the institutions were inactive hounding the students to wage tuition fees aft NELFUND had disbursed said fees. In immoderate cases, the institutions collected higher fees from NELFUND.
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Source: Legit.ng
