Dada also shared a video of NELFUND Managing Director, Mr Akintunde Sawyerr, who described the repayment process as “seamless, transparent, and fair.”Sawyerr noted that the repayment obligation primarily falls on the employers of graduates who benefited from the loan scheme. “We have a global standing instruction system in place to recover funds from defaulters attempting to evade repayment,” he added. “We do not have any intention of forcing people to pay NELFUND back, other than the employer. If the employer doesn’t pay us… we can go after the employer, not the people who are applying for this loan today, unless they are self-employed,” he said. The NELFUND scheme is part of the Federal Government’s broader effort to expand access to education and ensure sustainable support for future students.

Source: Punch January 25, 2026 00:39 UTC