University of Abuja Refutes Claims of Diversion of Student Loans

The administration of the University of Abuja has categorically dismissed accusations asserting that the NELFUND loans intended for students were misappropriated by the school.

In a formal statement, the University labeled these allegations as false, misleading, and deceptive, emphasizing that the assertions were made without any substantiated evidence indicating how or where the funds were supposedly redirected.

The University clarified that since the rollout of the NELFUND loan program, the management has ensured that all qualified students who applied for the assistance received their due reimbursements. It articulated that the processing of NELFUND loans strictly follows the application procedure set forth for students.

According to the statement, the University secured a total of ₦256,142,500 from NELFUND on January 29, 2026, intended for 2,245 eligible beneficiaries. However, prior to receiving the funds, some students had taken the initiative to pay their fees to avoid missing out on the academic session. These students were subsequently encouraged to apply for reimbursement, and their requests are currently undergoing processing.

Furthermore, the management strongly refuted claims suggesting that the funds were either hoarded, misused, or utilized to accrue interest, affirming that no student has been deprived of their rightful funds.

The statement continued to explain that any unclaimed funds from students who have yet to apply for the disbursement are securely held in designated accounts and will be released promptly as soon as the necessary applications are submitted and approved.

Additionally, the University highlighted the leadership of Vice-Chancellor Professor Hakeem Babatunde Fawehinmi, who assumed office in December 2025. It noted his commitment to a student- and staff-focused administration characterized by transparency and accountability.

The University of Abuja urged the public and relevant stakeholders to disregard the misleading online report and to rely on verified information, criticizing the publication as an attempt to mislead the public, incite unwarranted concern, and tarnish the reputation of the University’s management and leadership.