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Reps warn participating institutions against manipulating NELFUND loans

Lawmakers said some beneficiary institutions failed to administer NELFUND funds properly, warning that deliberate non-compliance could lead to suspension from the scheme, fund recovery, and referral to law enforcement…

Aggregated · originally by Premium Times
8 Oct 2026, 23:31 WAT · 3 min read
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Reps warn participating institutions against manipulating NELFUND loans

Lawmakers said some beneficiary institutions failed to administer NELFUND funds properly, warning that deliberate non-compliance could lead to suspension from the scheme, fund recovery, and referral to law enforcement…