A fund operating within the Nigerian educational system is facing scrutiny as a Senate committee warns about its long-term sustainability.

The entities involved

• Nigeria →

  sovereign state in West Africa

  • Nigeria's Federal Capital Territory Administration is tightening security measures in the nation's capital, Abuja.Mon 17:52
  • Program coverage includes the capital territory of Abuja.Mon 17:52
• Nigerian Education Loan Fund →

  student Loan in Nigeria

  • The African Democratic Congress has alleged corruption in the operation of the Nigerian Education Loan Fund.Mon 16:29
  • The Nigerian Education Loan Fund and the Economic and Financial Crimes Commission signed an MoU to deepen collaboration and establish a joint Fraud Assessment Unit.Wed 21:43
• senate →

  type of legislative body, often the upper house or chamber of a bicameral legislature

  • Legislation is awaiting final approval from both the House and the Senate.Mon 17:49
  • A bill allowing foreign investment in cooperatives has been approved, concerning legitimate organizations registered with the Securities and Exchange Commission.Mon 16:37

Related events

• The fund operations of the Nigerian Education Loan Fund are facing scrutiny, with allegations of political bias raised against the disbursement process.Sep 7
• The National Association of Nigerian Students (NANS) monitors the administration of the loan fund, which operates within institutions in Ogun State.Sep 4