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BREAKING: Tinubu orders diversion of EFCC-recovered funds to student loan scheme

Source: dailypost.ng Published Wed, 19 Aug 2026 16:22:30 +0000
BREAKING: Tinubu orders diversion of EFCC-recovered funds to student loan scheme

Why This Matters

Key context: <img width="1200" height="720" src="https://dailypost.ng/wp-content/uploads/2026/04/Tinubu-commissions-projects-in-Ogun.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" loading="lazy" srcset="https://dailypost.ng/wp-content/uploads/2026/04/Tinubu-commissions-projects-in-Ogun.jpg 1200w, https://dailypost.ng/wp-content/uploads/2026/04/Tinubu-commissions-projects-in-Ogun-300x180.jpg 300w, https://dailypost.ng/wp-content/uploads/2026/04/Tinubu-commissions-projects-in-Ogun-1024x614.jpg 1024w, https://dailypost.ng/wp-content/uploads/2026/04/Tinubu-commissions-projects-in-Ogun-1000x600.jpg 1000w, https://dailypost.ng/wp-content/uploads/2026/04/Tinubu-commissions-projects-in-Ogun-590x354.jpg 590w, https://dailypost.ng/wp-content/uploads/2026/04/Tinubu-commissions-projects-in-Ogun-400x240.jpg 400w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /><p>President Bola Tinubu has ordered that funds recovered by the Economic and Financial Crimes Commission, EFCC, be diverted to the Nigerian Education Loan Fund, NELFUND, to sustain its growing funding obligations. The Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday after the Federal Executive Council, FEC, meeting in Abuja. According to him, said [&#8230;]</p> <p><a href="https://dailypost.ng/2026/08/19/tinubu-orders-diversion-of-efcc-recovered-funds-to-student-loan-scheme/">BREAKING: Tinubu orders diversion of EFCC-recovered funds to student loan scheme</a></p> This development from dailypost.ng highlights ongoing changes in the sector.

President Bola Tinubu has ordered that funds recovered by the Economic and Financial Crimes Commission, EFCC, be diverted to the Nigerian Education Loan Fund, NELFUND, to sustain its growing funding obligations. The Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday after the Federal Executive Council, FEC, meeting in Abuja. According to him, said […] BREAKING: Tinubu orders diversion of EFCC-recovered funds to student loan scheme

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