The Nigerian Education Loan Fund, NELFUND, has dismissed as false a viral publication claiming that President Bola Tinubu approved life imprisonment for students who fail to repay their education loans after graduation.
NELFUND described the claim as “fake news” in a post on its official X account on Sunday, where it also shared an image of the purported newspaper front page being circulated online.
The doctored publication, dated Thursday, May 27, 2027, carried the headline: “All students who fail to repay their loan after graduation will go to jail for life.”
NELFUND placed a prominent red “FAKE” stamp on the image, indicating that the purported announcement did not originate from the government.
The clarification is the latest in a series of warnings by the Fund against misleading information concerning the student loan scheme.
