The Nigerian Education Loan Fund has dismissed as false and misleading circulating online reports alleging that the Federal Government has suspended students’ upkeep allowance payments under the student loan scheme.
In a statement issued by its Director of Strategic Communications, Oseyemi Oluwatuyi, the fund described the publications currently making rounds on social media as fabricated and intended to misinform the public and create unnecessary panic among students and other stakeholders.
“The Nigerian Education Loan Fund wishes to categorically refute and condemn the false and misleading publications currently circulating across social media and online platforms alleging that the Federal Government has suspended students’ upkeep allowance payments under the student loan scheme.
“These reports, including a fabricated statement falsely attributed to NELFUND and an AI-generated newspaper front page purportedly from The Nigerian Tribune, are entirely FAKE, misleading, and designed to create panic, confusion, and distrust among beneficiaries and the general public,” the statement read.
NELFUND stressed that “No directive has been issued by the Federal Government or NELFUND regarding the suspension of upkeep allowances.”
