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‘N355.9bn NELFUND loans at risk as repayment nears’
Summary by The Lagos Editorial Desk · Byline on the source page: Nwafor , as published by Vanguard
· September 8, 2026
· 1 min read
Photo: Vanguard · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Nwafor, as published by Vanguard Original story Read at the source Source published Sep 8, 2026 Indexed here Sep 8, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The total amount at risk is substantial, with nearly N356 billion having been given to beneficiaries. A policy brief has raised concerns about the potential recovery of loans disbursed by a student loan scheme.
A policy brief has raised concerns about the potential recovery of loans disbursed by a student loan scheme. The total amount at risk is substantial, with nearly N356 billion having been given to beneficiaries. To address this issue, it has been suggested that the scheme be integrated with income data to track borrowers.
This could help recover loans from graduates who are self-employed or outside the formal payroll system. Further details about the scheme and the proposed solution are available from the think tank that released the brief. The brief highlights the need for urgent action to strengthen the loan recovery process.
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Category: schools ·
Published: September 8, 2026 ·
Source: Vanguard ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A policy brief has raised concerns about the potential recovery of loans disbursed by a student loan scheme. The total amount at risk is substantial, with nearly N356 billion having been given to…
When was this published? This article was first published on September 8, 2026 by Vanguard and curated for The Lagos readers.
Who reported this story? This story was reported by Nwafor at Vanguard. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more schools coverage from The Lagos, or browse our daily briefing and topic hubs .
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