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Government Assures of Students Loan Disbursement

Through its Lagos State Directorate, the National Orientation Agency (NOA), Lagos State Directorate has reiterated the commitment of the Federal Government to transparency and accountability in the management of the  Students Loan scheme.

The agency’s head of the Directorate, Dr. Mustafa Adedeji Tukur, Director, made the chat during a chat in Lagos.

Tukur’s reassurance followed a a recent claim   by NOA’s Director-General (DG) Malam Lanre Issa-Onilu that some tertiary institutions and banks were  conspiring to short-change the beneficiaries of  NELFUND loan. The DG alledged that several institutions were found to have received loan disbursements into their accounts faiked to inform the targeted students.

Bedides, Isa-Onilu accused the institutions of  compelling the beneficiaries to pay tuitions, thereby leading to double payments.

Tukur emphasised the Directorate’s support for the DG’s position and warned that such unethical practices will not be tolerated.

According to him, the government has launched a prob to unmask, apprehend, and prosecute all offenders found to have been  involved in the unpatriotic fraudulent activities.

He said that the government was actively implementing programmes aimed at reducing unemployment to the barest minimum.

He noted that many initiatives and grants are being channeled toward empowering young entrepreneurs across the country.

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The NOA director welcomed open engagement with stakeholders on the Students Loan scheme and reiterated the agency’s readiness to take up credible complaints.

He also used the opportunity to reaffirm NOA’s determination to ensure that students benefit fully from government interventions and called on the public to report any misconduct noticed in the implementation of the scheme for prompt action.

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