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USD/NGN 1,321.98GBP/NGN 1,787.13USD/NGN black market ₦1,400GBP/NGN black market ₦1,900

Is it true that Tinubu approved life imprisonment for students who fail to repay NELFUND loans? Here is what we know

NELFUND has reacted to a viral claim of life imprisonment for loan defaulters, clarifying the actual repayment rules under the Student Loans Act signed by Tinubu.

Aggregated · originally by Legit.ng
6 Sept 2026, 19:32 WAT · 3 min read
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Is it true that Tinubu approved life imprisonment for students who fail to repay NELFUND loans? Here is what we know

NELFUND has reacted to a viral claim of life imprisonment for loan defaulters, clarifying the actual repayment rules under the Student Loans Act signed by Tinubu.