The Governing Council of the University of Abuja, under the chairmanship of Distinguished Senator Dr Olanrewaju Tejuoso, has dismissed a recent media report alleging the diversion of Nigerian Education Loan Fund for students by the university management.
In a media statement issued by Malam Sambo Mohammed the Acting Registrar and Secretary to Council explained that Council stated clearly that no such funds have been diverted, misappropriated, or unlawfully withheld by the University or any of its officials.
He further noted that the council official clarification issued by NELFUND, through its Directorate of Strategic Communications that there is no verified evidence to support the allegation, and that the report does not reflect the true position of affairs.
The University of Abuja operates within established financial regulations and maintains strict accountability in the management of all funds.
The Council added that the University has consistently adhered to all guidelines governing the disbursement and utilisation of funds under intervention schemes, including NELFUND, in line with extant regulations. It therefore urges the public and all stakeholders to disregard the misleading media report and rely on verified information from credible sources.
The Governing Council reiterates its confidence in the University’s Management, led by the Vice-Chancellor, Professor Hakeem Babatunde Fawehinmi, and its ongoing commitment to transparency, due process, and institutional integrity.