NELFUND Denies Suspension of Student Upkeep Allowance, Labels Circulating Claim as False

The Nigerian Education Loan Fund (NELFUND) has dismissed reports circulating on social media alleging that it has suspended student upkeep allowances due to a shortage of funds.

In a disclaimer notice directed at students, the fund described the information as false and urged the public to disregard it entirely.

NELFUND advised students to rely strictly on verified communication channels and official announcements for accurate updates regarding its operations and disbursement processes.

It further cautioned against the spread of unverified claims, warning that such misinformation could trigger unnecessary panic among beneficiaries.

The statement reaffirmed the importance of information discipline within the student community and encouraged calm while awaiting official updates from the appropriate authorities.