The Nigerian Education Loan Fund (NELFUND) said on Thursday that the delay in the payment of August stipend for beneficiaries of the student loan scheme is due to an ongoing payment processing.
The Director, Corporate Communications of NELFUND, Oseyemi Oluwatuyi, disclosed this in a statement.
Ms Oluwatuyi said the delay in payments arose from certain security checks NELFUND was conducting “to protect public funds and ensure that they are properly allocated to the right beneficiaries.”
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