EFCC Chairman Olukoyede Recognized for NELFUND Support

The Committee of Pro-Chancellors of State-Owned Universities in Nigeria (COPSUN) praised Mr. Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), for his support of the Nigerian Education Loan Fund (NELFUND). During a courtesy visit to the EFCC's Corporate Headquarters in Abuja, COPSUN Chairman Prof. Ayodeji Omole highlighted NELFUND's impact in preventing student dropouts due to financial constraints.

He urged Olukoyede to continue supporting the initiative and called for enhanced collaboration between the EFCC and state-owned universities. Olukoyede acknowledged the commitment of university lecturers to maintaining educational standards and stressed the importance of education for national development.

He emphasized the need to discourage corruption among youth and announced plans to develop a Cyber Research Academy to enhance ICT skills among students, incorporating universities into this initiative. In August 2026, President Bola Tinubu directed that additional recovered funds from the EFCC be allocated to NELFUND to ensure its sustainability.