Minister Dr Blade Nzimande yesterday lashed out at the now-dissolved National Student Financial Aid Scheme board for its failure to remove fintech partners selected to disburse monthly allowances to tertiary students.,key among which is the termination of the contracts of the fintech firms after it was found they were appointed without following due process.
Yesterday, the higher education, science and innovation minister said he came to the decision to dissolve the board following numerous engagements on the inability of the NSFAS to implement some of its most basic responsibilities. “In an attempt to resolve these challenges or mitigate their impact, I engaged the board on several occasions on various solutions, including a turnaround strategy, which has not been achieved within agreed timelines.
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