President Bola Tinubu has given his approval for the appointment of Akintunde Sawyerr as the Managing Director and Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND). This decision, announced in a statement by Ajuri Ngelale, the Special Adviser to the President (Media & Publicity), reflects the President’s commitment to securing Nigeria’s socio-economic future through sustainable higher education and critical skill development for all Nigerian students and youth.
In addition to Akintunde Sawyerr, two other individuals have been appointed to serve on the management team. Mr. Frederick Oluwafemi Akinfala will take on the role of Executive Director, Finance and Administration, while Mr. Mustapha Iyal will serve as Executive Director, Operations.
The statement emphasizes that with the appointment of this management team, the President expects the necessary structures and systems to be promptly established for the efficient launch of this crucial fund. The aim is to ensure immediate and long-lasting benefits for Nigerian students and families across the nation.
President Bola Tinubu’s decision to appoint Akintunde Sawyerr and the management team underscores the government’s dedication to providing accessible and affordable education opportunities for Nigerian students. By establishing the Nigerian Education Loan Fund, the government aims to address the financial challenges faced by students and support their educational pursuits. This initiative aligns with the government’s vision for a prosperous and educated nation, where every individual has the opportunity to develop their skills and contribute to the country’s growth.
Through the leadership of Akintunde Sawyerr, supported by Mr. Frederick Oluwafemi Akinfala and Mr. Mustapha Iyal, the Nigerian Education Loan Fund will play a vital role in empowering students and ensuring that financial constraints do not hinder their educational aspirations. It is expected that the fund will be efficiently managed, providing loans and support to students across the country, enabling them to pursue higher education and acquire the necessary skills for a brighter future.
As the Nigerian Education Loan Fund takes shape under the guidance of the newly appointed management team, it is anticipated that it will become a cornerstone of educational development in Nigeria. The government’s commitment to securing Nigeria’s socio-economic future through education is evident in this initiative, and it is hoped that it will have a lasting positive impact on the lives of Nigerian students and their families.
