EFCC_ The Economic financial crime commission are in support of President Tinubu’s student loan scheme and has issued out N50bn to support the project. On Tuesday, 13th of August, this information was released by anti-graft agency during the time when Mr. Akintunde Sawyer, the funds Managing Director and Chief Executive Officer of NELFUND went to pay a courtesy visit to EFCC office in Abuja with his team.
“He (Sawyerr) appreciated the EFCC for the N50 billion injected into NELFUND from the proceeds of crime recovered by the commission.”
“We are aware of the funds from the proceeds of crime extended to NELFUND. We are here to express our gratitude for the gesture. We also want the EFCC to exercise oversight on what we are doing,” Sawyerr said.
He added that “youths constitute the most populous, restive but neglected segment of our population. President Tinubu identified this as a major problem and put in place a major solution to address the issue.”
In response , the EFCC Chairman, Mr. Ola Olukoyede, sent his appreciation to the president for the initiative. He called it . “policy issue against crimes.”
The chairman also hinted that it is because parental incapability that moves children to indulge in crime.
He said, “One of the main incentives for cybercrimes is the inability of parents to fund the education of their children. NELFUND is a policy issue against crimes. President Tinubu should be commended for initiating the Fund.”
He also advised NELFUND to show 100% transparency in their dealing with funds. Which will prove to the people that the administration is accountable.
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