Tinubu directs EFCC to channel seized funds, unclaimed dividends to NELFUND

By Johnbosco Agbakwuru
ABUJA — President Bola Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to channel all seized funds, unclaimed dividends, and trust funds to the Nigerian Education Loan Fund (NELFUND).
NELFUND is a federal government agency established under the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Act, 2024, which was signed into law by President Bola Tinubu on 3 April 2024.
The Minister of Education, Dr. Tunji Alausa, disclosed this while briefing State House correspondents at the end of the Federal Executive Council (FEC) meeting presided over by President Tinubu in the Council Chamber, Presidential Villa, Abuja.
The ...