NELFUND: How schools, banks are ripping off students – Newstrends
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NELFUND: How schools, banks are ripping off students

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NELFUND: How schools, banks are ripping off students

The National Orientation Agency (NOA) said its recent investigations have revealed have uncovered several unethical practices by some institutions of higher learning in the disbursement of the Federal Government Student Loan Fund, NELFUND.

Paul Odenyi, Deputy Director, Communications and Media, NOA quoted the Director General of the Agency, Mallam Lanre Issa-Onilu as announcing the findings after meeting with NELFUND Managing Director, Mr. Akintunde Sawyerr, over the weekend.

According to the statement, the findings from investigations conducted by the Community Orientation and Mobilisation Officers (COMO) of NOA revealed that the tertiary institutions and banks are conspiring to short-change the students who are beneficiaries of NELFUND.

According to the statement, the reports indicated that certain university officials have been withholding vital information regarding loan disbursements, prompting immediate action from NELFUND.

“The NOA’s feedback shows how specific institutions have, in connivance with some banks, deliberately delayed payments to successful student applicants for personal financial benefit. Some universities fail to acknowledge the NELFUND’s disbursements to the students,” the statement by NOA indicated.

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The statement also quoted Sawyerr as confirming that some institutions are failing to inform students about loan disbursements made in their name while still requiring them to pay tuition fees.

He stated, “Recent findings by NELFUND have shown that some institutions have received student loan disbursements directly into their accounts yet neglect to inform the affected students or record the payments in their financial records, leading to unnecessary confusion.

“Withholding critical financial information from students is not only unethical but also a breach of the principles on which NELFUND was founded. We are prepared to take legal action against any institution engaged in such deceptive practices.”

In response, Mallam Issa-Onilu has issued a strong warning to these institutions and collaborating banks to cease such activities.

“NOA has directed its state directorates to provide further feedback from students across the country to ensure that the Federal Government takes appropriate actions against erring schools and banks,” Mallam Issa-Onilu was quoted as saying.

 

NELFUND: How schools, banks are ripping off students

Education

UTME: Father of candidate who committed suicide over low score speaks

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Opesusi Timilehin

UTME: Father of candidate who committed suicide over low score speaks

A 2025 Unified Tertiary Matriculation Examination (UTME) candidate committed suicide on account of her low score.

The Lagos candidate, now identified as Faith Opesusi, was said to have scored 146 out of 400 points.

The Joint Admissions and Matriculation Board (JAMB) released the results for its 2025 UTME on May 9.

An analysis revealed that more than 78 per cent of candidates scored less than 200 points out of the 400 maximum obtainable points.

The metrics, believed to have signalled mass failure, spurred protests from candidates who challenged the integrity of the exam.

Oluwafemi Opesusi, Faith’s father, said his distraught daughter took a liquid substance that led to her death after checking her result.

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In an interview with BBC, Oluwafemi said his 19-year-old daughter wanted to study Microbiology but the dream was cut short.

He said JAMB did not release the original result of his late daughter.

Oluwafemi said his daughter was devastated and disappointed after seeing her result.

“She had a high score in 2024 UTME. This year, she was given 146. The pain of it drove her to commit suicide,” he said.

The father said he would have tried to console his daughter if she had opened up about her trauma.

He added that the family was disappointed that her daughter had taken her own life.

On May 14, JAMB admitted that a technical error in Lagos and south-east states compromised UTME results across 157 centres.

A teary-eyed Ishaq Oloyede apologised to the affected candidates and Nigerians in a televised conference on May 14.

The JAMB registrar said the error, caused by one of its service providers, affected nearly 380,000 candidates.

These candidates, he added, will now be made to resit the examination between May 15 and May 19, 2025.

As of this reporting, JAMB has yet to directly address the Faith Opesusi case.

UTME: Father of candidate who committed suicide over low score speaks

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UTME: BON praises JAMB registrar for admitting result errors

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Registrar, Joint Admissions and Matriculation Board (JAMB), Prof. Ishaq Oloyede

UTME: BON praises JAMB registrar for admitting result errors

The Broadcasting Organisations of Nigeria (BON) has commended the Registrar of the Joint Admissions and Matriculation Board (JAMB), Professor Is-haq Oloyede, for his demonstration of transparency and accountability following the recently concluded 2025 Unified Tertiary Matriculation Examination (UTME).

In a statement signed by its Executive Secretary, Dr. Yemisi Bamgbose, BON lauded Professor Oloyede for openly admitting to human and technical errors that affected the examination process, while taking personal responsibility for the mishap. BON described this gesture as a rare display of integrity and courage that sets a benchmark for leadership in public office.

“Professor Oloyede’s acknowledgment of the challenges and his willingness to address them reflect exemplary courage and a commitment to accountability,” the statement read.

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The organization further praised the proactive measures taken by JAMB to rectify the issues, including the rescheduling of exams for students affected by technical glitches. BON noted that this decision underlines JAMB’s sincerity in ensuring fairness and equal opportunity for all candidates pursuing higher education.

BON also acknowledged the collaborative efforts between JAMB and the West African Examinations Council (WAEC) to effectively manage the situation, describing it as a commendable demonstration of institutional cooperation.

The group called on public officials to emulate such transparency and accountability, emphasizing that such virtues are essential for building trust and projecting a positive image of the nation.

BON reaffirmed its support for ethical leadership and urged stakeholders in the education sector to prioritize integrity and responsiveness in their operations.

 

UTME: BON praises JAMB registrar for admitting result errors

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UTME glitches: Obi, Ezekwesili, others worry over impact on students, parents

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UTME glitches: Obi, Ezekwesili, others worry over impact on students, parents

Notable Nigerians including 2023 Labour Party presidential candidate Peter Obi, former Education Minister Oby Ezekwesili, and ex-FRSC Corps Marshal Osita Chidoka, have reacted to the Joint Admissions and Matriculation Board’s, JAMB admission of errors in the 2025 Unified Tertiary Matriculation Examination, UTME.

While commending the JAMB Registrar, Prof. Ishaq Oloyede, for owning up to the glitches, they expressed concern over the impact on students, parents, and the education system.

Obi: Don’t let glitches become a crisis

Peter Obi lauded Oloyede’s rare show of accountability but warned of the damage caused by technical failures.

“The emotional and psychological toll on students and their families is severe. In heartbreaking cases, it has even led to death. JAMB and other institutions must adopt rigorous quality assurance processes. Transparent communication and prompt resolution of issues are vital for public trust,” he said.

Ezekwesili: A national fiasco

Oby Ezekwesili described the situation as a “classic fiasco,” quoting Stephen Hawking: “The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.”

She criticized authorities for initially dismissing concerns instead of objectively examining the system. Activist Aisha Yesufu also condemned Education Minister Dr. Tunji Alausa for hastily attributing the mass failure to stricter exam standards without confirming the root cause.

Chidoka: Laudable JAMB didn’t say “Go to court”

Chidoka expressed relief that JAMB didn’t deflect blame or ask candidates to go to court.

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