Nigerian students unable to repay education loans due to lack of debt relief mechanisms

Nigerian students and graduates are burdened by education debt through NELFUND (National Education Loan Fund) with no structured relief or forgiveness programs, forcing them to choose between loan repayment and basic living expenses. Current loan systems lack flexibility, income-based repayment options, or debt forgiveness pathways, leaving borrowers trapped in cycles of financial stress that impact their ability to participate in the economy.