The Economic and Financial Crimes Commission (EFCC) has supported the Nigerian Education Loan Fund (NELFUND) with N50 billion recovered from looters.
The anti-graft agency announced this in a press statement on Tuesday, following a visit by NELFUND’s head, Akinwunmi Sawyerr, to the EFCC headquarters.
The statement disclosed that the chairman of EFCC, Ola Olukoyede, commended the student loan programme, describing it as a policy issue to tackle corruption.
The EFCC chairman said that many parents’ inability to fund their children’s education had always been a predisposing factor for corruption.