‘N355.9bn NELFUND loans face recovery risk’
✨ AI Summary
A new policy brief raises doubts about whether Nigeria can recover the N355.9 billion already disbursed through the student loan scheme NELFUND. The report says repayment depends heavily on the government's ability to track borrowers once they start earning. Linking the loan scheme to income records held by the new Nigeria Revenue Service is described as essential. Without that connection, analysts warn, most of the money may never come back.
A policy brief warns N355.9bn NELFUND student loans face recovery risk. Integration with Nigeria Revenue Service income data is crucial for sustainability. Read More: https://punchng.com/n355-9bn-nelfund-loans-face-recovery-risk/
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