NELFUND Pilots Tokenised System for Student Fee Payments

The Nigerian Education Loan Fund (NELFUND) has begun piloting a token-based payment system that allows students to approve the payment of their school fees while ensuring the money goes directly to their institutions. Announced by NELFUND Managing Director Akintunde Sawyerr at a press briefing on Wednesday, the system is designed to prevent students from paying fees twice when they have not been informed that NELFUND has already settled their bills. Sawyerr said the fund had received nearly 400,