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NELFUND Debunks Claim Of Life Jail Term For Students Who Fail To Repay Loans

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NELFUND has debunked the claim that students who fail to repay their loans will face a life sentence in jail. The Nigerian Educational Financial Assistance Fund (NELFUND) is emphasizing that there is no such thing as a life term for loan defaulters.

The Nigerian Educational Financial Assistance Fund (NELFUND) has clarified that there is no life imprisonment for students who fail to repay their loans, dispelling the claim of The Guardian and Daily Post Nigeria.

Last updated September 6, 2026 at 5:36 pm
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