Melaye Critiques Tinubu's Student Loan Scheme as Corrupt

Dino Melaye, a chieftain of the African Democratic Congress (ADC), has publicly criticized the Nigerian Education Loan Fund (NELFUND) and the Federal Government’s student loan scheme under President Bola Tinubu. In a video circulating on social media, Melaye labeled NELFUND as a "haven for corruption." He questioned the adequacy of the ₦20,000 monthly upkeep allowance provided to student beneficiaries, arguing that this amount is insufficient to cover annual tuition fees in government-owned tertiary institutions.

Melaye specifically challenged the government's claim that it is paying students' school fees, stating, “Which government school takes ₦20,000 as annual school fees?” He expressed skepticism about the intentions behind the scheme, questioning why President Tinubu would assert that he is paying students' school fees when the financial support provided is so limited.