House of Reps begin investigation into NELFund disbursement in South East

…as South East VCs Commend President Tinubu connected Scheme

By Alumona Ukwueze

ENUGU — The House of Representatives connected Wednesday commenced investigations into the disbursement of the Nigerian Education Loan Fund (NELFund) successful the South East.

Chairman of the Joint Committee connected Student Loans, Scholarships and Higher Education Financing, Banking and Other Ancillary Institutions, Anti-Corruption, and University Education, Prof. Paul Sunday Nnamchi, said the committee’s mandate is to objectively probe allegations of infractions successful the indebtedness disbursement process crossed beneficiary institutions.

Prof. Nnamchi, who represents Enugu East/Isi-Uzo Federal Constituency, spoke astatine the South East Zonal Investigative Hearing held astatine the Enugu State University of Science and Technology (ESUT). He explained that the committee would besides interrogate the operational processes guiding pupil indebtedness disbursement.

According to him, the probe volition further analyse compliance with ineligible and ethical frameworks and urge actionable solutions to guarantee transparency, fairness, and ratio successful the indebtedness system.

“Once again, I indispensable commend NELFund and Nigerian students for embracing this transformative travel of Mr. President’s Renewed Hope Agenda successful the acquisition sector. As of Wednesday, 6th August 2025, NELFund has disbursed ₦86.3 cardinal successful loans to 366,247 pupil beneficiaries crossed national and authorities tertiary institutions, with ₦47.6 cardinal allocated to tuition fees and ₦38.7 cardinal arsenic upkeep allowances to students successful implicit 218 beneficiary institutions,” helium said.

He emphasized that the workout was not a witch-hunt but a fact-finding and truth-seeking mission.

Meanwhile, Vice Chancellors of South East universities, who attended the hearing, commended President Bola Tinubu for introducing the NELFund scheme, noting that it has provided much-needed fiscal alleviation to indigent families struggling to nonstop their wards to tertiary institutions.

The Vice Chancellor of ESUT, Prof. Aloysius-Michaels Okolie, represented by his Deputy, Prof. Chike Nwoha, successful his invited address, thanked the House Committee for its oversight, stressing that specified monitoring would heighten accountability and transparency successful the disbursement process.

The VCs, however, appealed to the Federal Government to enactment beneficiary institutions successful offsetting the costs of moving the indebtedness scheme, noting that it has further depleted their already meagre resources.

The station House of Reps statesman probe into NELFund disbursement successful South East appeared archetypal connected Vanguard News.