The Joint Ad-Hoc Committee of the House of Representatives, led by Prof. Paul Nnamchi, has concluded its zonal investigative hearing on the disbursement of the Nigerian Education Loan Fund (NELFUND) in the South-East geopolitical zone.
The committee comprises members from various standing committees, including those on Student Loans, Scholarships and Higher Education Financing, Banking and Other Ancillary Institutions, Anti-Corruption and University Education.
Speaking at the session held at the Enugu State University of Science and Technology (ESUT), Prof. Nnamchi, who represents Enugu East/Isi Uzo Federal Constituency, said the committee’s mandate is to investigate alleged irregularities in the distribution of NELFUND loans to institutions and students in the region.
He emphasized that the hearing would also examine the operational processes governing the disbursement, assess compliance with legal and ethical frameworks and ultimately recommend actionable solutions to ensure transparency, equity and effectiveness in the scheme.
“Our task is to interrogate the entire process of loan disbursement, from policy to execution, and ensure that this presidential initiative delivers on its promise of improving access to higher education for all deserving Nigerian students,” Prof. Nnamchi said.
Commending both NELFUND and Nigerian students for embracing the Renewed Hope Agenda of President Bola Tinubu in the education sector, Prof. Nnamchi disclosed that as of Wednesday, August 6, 2025, a total of ₦86.4 billion had been disbursed to 366,247 students across federal and state-owned tertiary institutions.
The committee’s next stop is the South-South zone, after which a comprehensive report will be compiled and submitted to the House of Representatives upon its resumption in two weeks.
