Nigerian Education Loan Fund, NELFUND, says it is working on building a technology driven system that would improve easy access to its loans, following allegations of mismanagement of 100 billion naira.

Its Managing Director, Akintunde Sawyerr, gave the assurances yesterday in Abuja while addressing Polytechnics, Monotechnics and Institutes at a Stakeholders Engagement Session on NELFUND System Automation and Loan Application Processes.

Sawyerr noted that NELFUND was targeting a platform where students could access loan without stress in a manner that was transparent and accountable.

He also said that at least 320,000 students have so far been paid, while many others are undergoing a verification process to enable their payments.

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