President Tinubu establishes NELFUND management team

President Bola Tinubu has established and selected the management team for the Nigerian Education Loan Fund(NELFUND) in an effort to improve access to higher education and raise skills development among Nigerian students.

Tasked with the supervision of NELFUND, financial assistance in the form of loans will be provided to economically disadvantaged Nigerian students.

President approved the following persons to head the board;

  1. Mr. Akintunde Sawyerr, Managing Director and CEO
  2. Mr. Frederick Oluwafemi Akinfala, Executive Director, Finance and Administration. 
  3. Mr. Mustapha Iyal, Executive Director, Operations.

Following the inauguration of the management team, President Tinubu expects the swift establishment and implementation of operational frameworks to facilitate the required functioning of NELFUND.

The President, through this appointment, displays his envisions and commitments to providing Nigerian youths with the necessary resources for academic excellence and skill development, highlighting NELFUND as a crucial instrument for advancing the educational aspirations of Nigerian students across the country.

The Nigerian Education Loan Fund is set empower countless Nigerian youths to pursue their academic aspirations without exorbitant financial responsibilities.

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