In a bid to bolster Nigeria’s socio-economic prospects through enhanced access to Higher education in Nigeria, President Bola Tinubu has sanctioned the appointment of three distinguished individuals to oversee the Nigerian Education Loan Fund (NELFUND).
As affirmed by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, President Tinubu’s decision underscores his unwavering commitment to securing Nigeria’s future by facilitating sustainable higher education opportunities and fostering critical skill development among Nigerian students and youth.
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The appointed individuals are Akintunde Sawyerr, designated as the Managing Director/CEO, and Frederick Oluwafemi Akinfala, who assumes the role of Executive Director of Finance and Administration. Additionally, Mustapha Iyal has been appointed as the Executive Director of Operations.
Mr. Ngelale emphasized that these appointments signify President Tinubu’s proactive approach in establishing robust mechanisms to facilitate the effective launch of the Fund. This move is poised to yield immediate and enduring benefits for Nigerian students and their families.
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The establishment of the Nigerian Education Loan Fund (NELFUND) underlines a strategic initiative aimed at addressing the challenges of access to higher education while promoting skill development essential for Nigeria’s socio-economic advancement.
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