UNILORIN DENIES NELFUND MISMANAGEMENT, UPHOLDS TRANSPARENCY.
The management of the University of Ilorin (UNILORIN) has issued a statement denying any involvement in the mismanagement of the Nigerian Education Loan Fund (NELFUND). The university reaffirmed its commitment to transparency in the disbursement of the fund, assuring stakeholders that all processes were carried out with utmost integrity.
In a bid to set the record straight, UNILORIN emphasized that it has maintained transparency and accountability in the administration of NELFUND. The university assured the public that it would continue to uphold the highest standards of integrity in the management of the fund, ensuring that all beneficiaries receive their allocations without any undue interference.
The denial comes amid concerns raised about the management of NELFUND, a government initiative aimed at providing financial support to students in Nigerian tertiary institutions by the “Guardian's". UNILORIN's stance underscores its dedication to responsible stewardship and transparency in the administration of the fund.
By affirming its commitment to transparency, UNILORIN has demonstrated its resolve to maintain the trust of its stakeholders, including students, parents, and the general public. The university's position is expected to reassure beneficiaries of NELFUND that their interests are being protected and that the fund is being managed in a fair and transparent manner.