SAN refunds 1970 N2m student loan – NELFUND
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Adegboyega Awomola, a Senior Advocate of Nigeria, SAN, has repaid a N2 million student loan.
Aromolo was former beneficiary of the defunct Federal Government Student Loan Scheme in the 1970s,
The Nigerian Education Loan Fund, NELFUND, on Friday announced that it received the money from the senior lawyer.
The Directorate of Corporate Communications of the Fund clarified that Awomolo had used the loan to complete his law degree at the University of Ife (now Obafemi Awolowo University), Ile-Ife, Osun State.
Aromolo is the second person to repay a student loan, coming on the heels of a similar gesture by a former lawmaker, Lanre Laoshe, who repaid N3,189,000 recently.
“The Nigerian Education Loan Fund is pleased to announce the receipt of the sum of N2,000,000 (two million naira) through a bank draft, given by Asiwaju Adegboyega Solomon Awomolo, SAN, a distinguished Senior Advocate of Nigeria and former beneficiary, in the 1970s, of the defunct Federal Government Student Loan Scheme,” the Fund announced.
“Mr Awomolo, who benefitted from the loan during his undergraduate studies at the University of Ife (now Obafemi Awolowo University) in the 1975/1976 and 1976/1977 academic sessions, has demonstrated his unwavering commitment to the nation by repaying the loan in full.”
The Fund promised to use the money to assist students in need of financial support.
