Ogene Romanus Chizoba
The Committee of Pro-Chancellors of State-Owned Universities in Nigeria (COPSUN) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, for his support for the Nigerian Education Loan Fund (NELFUND) and efforts to strengthen the education sector.
COPSUN Chairman, Prof. Ayodeji Omole, gave the commendation in Abuja on Thursday, September 17, 2026, when he led a delegation of the committee on a courtesy visit to the EFCC Corporate Headquarters.
Omole said COPSUN appreciated Olukoyede’s role in supporting NELFUND, noting that the scheme had helped prevent many students from dropping out of school due to financial constraints.
He urged the EFCC Chairman and his team to sustain their support for NELFUND while calling for stronger collaboration between the EFCC and state-owned universities.
“We appreciate the EFCC Chairman for the role he has played in NELFUND. As university policymakers, we know what NELFUND has done in the lives of some students who ordinarily would have dropped out of school as a result of financial constraint. We continue to encourage the Executive Chairman and his team to support the scheme,” Omole said.
The COPSUN Chairman also proposed that the EFCC establish institutes in universities where some of its activities could be domiciled, saying such collaboration would promote knowledge sharing and research.
He added that the EFCC could leverage the expertise of university lecturers in research and other areas, while the partnership could provide opportunities to educate students on the dangers of corruption and cybercrime.
Olukoyede, in his response, thanked the university administrators for their dedication and commitment to maintaining standards in state-owned universities.
He stressed the importance of education to national development, noting that depriving a nation of a functional education system would undermine its development and leadership.
The EFCC Chairman said the commission was committed to discouraging young people from engaging in unlawful activities and encouraging them to channel their skills towards productive ventures.
He cited the development of the EFCC’s Cyber Research Academy as part of efforts to build the skills of young Nigerians in ICT and research, adding that universities would be incorporated into the structure with time.
In August 2026, President Bola Ahmed Tinubu directed that additional funds recovered by the EFCC be channelled to NELFUND to support its growing funding obligations.
