An initial alarm raised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over alleged discrepancies in Nigeria’s student loan scheme has now been attributed to a communication blunder — but the controversy surrounding the disbursement process is far from over.
The ICPC, in a fresh statement on Thursday, admitted to a “missing word” in its earlier report, which wrongly implied that cases of fund diversion under the Nigeria Education Loan Fund (NELFUND) had been confirmed. The commission clarified that investigations are still ongoing and no conclusive evidence of discrepancies has been found yet.
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EduTimes Africa, a product of Education Times Africa, is a magazine publication that aims to lend its support to close the yawning gap in Africa's educational development.
