The Economic and Financial Crimes Commission (EFCC) has donated N50 billion to the Nigerian Education Loan Fund (NELFUND) to support the education of indigent students. This contribution comes from the proceeds of crime recovered by the EFCC. The announcement was made during a visit by NELFUND’s Managing Director, Akintunde Sawyerr, to the EFCC headquarters. Olukoyede stressed the importance of transparency in managing the donated funds and advised NELFUND to provide regular reports on the disbursement of the money. He pledged to ensure that the funds are used appropriately and not misappropriated.
https://punchng.com/student-loan-efcc-releases-n50bn-to-nelfund-2