Ex-Lawmaker Repays N1,200 Student Loan 48 Years After With N3.1m

Ex-Lawmaker Repays N1,200 Student Loan 48 Years After With N3.1m …C0NTINUE READING HERE >>>

The Nigerian Education Loan Fund (NELFUND) has said that a former federal lawmaker, Hon. Lanre Laoshe, who was a beneficiary of a defunct Federal Government Student Loan Scheme, has graciously repaid his N1,200 student loan, obtained between 1976 and 1979, with the sum of N3,189,217.00.

NELFUND, which praised Laoshe’s gesture as an ‘act of goodwill and integrity’, however, did not say why the loan was repaid about 48 years after it was granted to the beneficiary.

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