President Tinubu appoints management for the Nigerian Education Loan Fund




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

The management team has been tasked with supervising the Nigeria Education Loan Fund, an entity established to provide financial assistance in the form of loans to economically disadvantaged Nigerian students, allowing them to pay tuition at any tertiary institution in Nigeria.

President Tinubu has approved the following individuals to lead NELFUND:

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

The appointment of this management team highlights President Tinubu’s commitment to equipping Nigerian youths with the necessary resources for academic excellence and skill acquisition.

With the inauguration of the management team, President Tinubu anticipates the swift establishment of operational frameworks to facilitate the efficient functioning of NELFUND.

The President envisions NELFUND as a crucial instrument for advancing the educational aspirations of Nigerian students and families across the nation.

The Nigerian Education Loan Fund is set to play a pivotal role in bridging the financial gap in higher education, thereby empowering countless Nigerian youths to pursue their academic dreams without undue financial burden.