NELFUND Debunks Fake Upkeep Suspension Notice

The single sharpest fact in one or two punchy sentences. Who did what, where, when, and why it matters. Not a summary of everything — the one thing that makes someone stop scrolling. A reader who only reads this paragraph must understand what happened. The Nigerian Education Loan Fund (NELFUND) has debunked a fake document circulating on social media that claims upkeep allowances under the Federal Government's Student Loan Scheme for the 2025/2026 academic session were suspended.

NELFUND's Director of Strategic Communications, Mrs Oseyemi Oluwatuyi, said the document, dated July 10 and attributed to her, did not originate from NELFUND and should be disregarded. Oluwatuyi described the document as fake and urged beneficiaries and the general public to disregard the misinformation and rely only on its official communication channels for authentic updates.

A close look at the document reveals that it was designed to look like an official NELFUND notice, complete with the organisation's logo and the Director's signature. However, NELFUND officials say that the logo and signature were copied from a legitimate document, and that the content is entirely false.

According to officials, NELFUND has not suspended upkeep allowances for any reason. In fact, the organisation has continued to disburse funds to eligible beneficiaries, as mandated by the Federal Government. 'We urge beneficiaries to disregard this fake document and rely only on our official channels for authentic updates,' Oluwatuyi said.

The fake document also claimed that funds allocated for May, June, and subsequent months had not been released, and that the suspension was temporary. However, NELFUND officials say that this is also a lie, and that all disbursements are continuing as scheduled.

As NELFUND continues to debunk the fake document, officials are warning beneficiaries and the public to be cautious of misinformation online. 'Fabricated publications and AI-generated content are increasingly being used to spread misinformation and erode public trust,' Oluwatuyi said.

NELFUND is urging students, parents, institutions, and the public to verify any information relating to the student loan scheme through its official communication channels before sharing it. The organisation says it remains committed to transparency and accountability, and that approved tuition and upkeep disbursements will continue in accordance with established guidelines.

Context: The Nigerian Education Loan Fund (NELFUND) was established by the Federal Government to provide financial support to eligible students in public tertiary institutions nationwide. The organisation's mandate is to disburse funds to beneficiaries, as mandated by the Federal Government.

'We urge beneficiaries to disregard this fake document and rely only on our official channels for authentic updates. Fabricated publications and AI-generated content are increasingly being used to spread misinformation and erode public trust,' said Mrs Oseyemi Oluwatuyi, NELFUND's Director of Strategic Communications.