President Bola Tinubu’s administration has announced that individuals convicted of certificate forgery, drug offenses, and involvement in cult activities will not be eligible for the federal government’s student loan scheme.
The Nigerian Education Loan Fund (NELFUND), which administers the student loan program, made this disclosure in its “frequently asked questions” section posted on its official platform on Friday.
According to NELFUND, applications from individuals convicted of fraud, forgery, drug-related crimes, cultism, felony, or any offenses involving dishonesty will be rejected.
Additionally, applicants who have defaulted on previous loans from licensed financial institutions or have been found guilty of submitting fake documents or engaging in exam malpractices will also be disqualified.
NELFUND recently opened the application portal for the first phase of the student loan scheme, which targets students from federal institutions across the country.
READ ALSO: FG Gives Preference To Students From Federal Universities For Loan Scheme
It’s worth noting that Mr. Tinubu himself has faced allegations related to academic forgery, identity theft, and narcotics trafficking. These allegations surfaced before, during, and after the 2023 presidential election, leading to legal challenges from the election petitions tribunal to the Supreme Court of Nigeria.
Despite these controversies, the Supreme Court upheld Mr. Tinubu’s eligibility to contest the presidency, ruling in his favor despite evidence of his contentious past.
