NELFUND Debunks Fake Upkeep Allowance Suspension Reports

The Nigerian Education Loan Fund (NELFUND) has dismissed viral reports claiming that the Federal Government suspended students’ upkeep allowance payments under the student loan scheme The agency described the circulating publications as fake, misleading, and intentionally created to spread panic among Nigerian students and parents

According to NELFUND, the false information currently trending across social media includes a fabricated statement wrongly attributed to the agency and an AI generated newspaper front page falsely linked to Nigerian Tribune The Fund clarified that no such directive has been issued regarding the suspension of upkeep allowances

NELFUND reassured beneficiaries that it remains committed to the transparent and efficient disbursement of student loans and upkeep support as part of its mandate to improve access to higher education in Nigeria

NELFUND Denies Reports of Upkeep Allowance Suspension

NELFUND stated clearly that reports alleging the suspension of students’ upkeep allowance payments are completely false The agency warned Nigerians against believing or sharing unverified information capable of causing confusion nationwide

The Fund stressed that neither the Federal Government nor NELFUND has announced any decision to stop student upkeep payments under the ongoing student loan program

The statement comes amid growing concerns among students who depend on the upkeep support to cover transportation, feeding, accommodation, and other daily expenses while in school

AI Generated Newspaper Front Page Identified as Fake

NELFUND also addressed the viral newspaper front page being circulated online, claiming it originated from The Nigerian Tribune. According to the agency, the publication was artificially generated using AI tools and does not represent any authentic newspaper report.

The agency condemned the spread of manipulated content designed to damage public trust in the student loan initiative and mislead beneficiaries

NELFUND urged students, parents, and stakeholders to rely only on verified information released through official communication channels and credible media organizations

NELFUND Reaffirms Commitment to Nigerian Students

Despite the misinformation circulating online, NELFUND emphasized that its mission to support Nigerian students through sustainable financing remains unchanged

The agency reaffirmed its dedication to ensuring transparent loan disbursement processes and improving access to higher education opportunities across the country

Students and members of the public were advised to ignore fake updates and follow NELFUND’s official platforms for accurate information regarding the student loan scheme

Official NELFUND Contact Channels

For inquiries or official updates, NELFUND encouraged Nigerians to reach out through its verified communication platforms:

Social Media Platforms

  • X (formerly Twitter): @nelfund
  • Instagram: @nelfund
  • Facebook & LinkedIn: Nigerian Education Loan Fund NELFUND

Official Website and Email

The statement was signed by Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at the Nigerian Education Loan Fund (NELFUND)

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