In a strategic move aimed at enhancing educational opportunities for Nigerian students, President Bola Tinubu has appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the Nigerian Education Loan Fund (NELFUND). This decision was revealed in a statement by Ajuri Ngelale, the presidential spokesperson, emphasizing the commitment to quality and accessible education.
The announcement also included the appointment of Frederick Oluwafemi Akinfala as the new executive director of finance and administration of NELFUND, showcasing a comprehensive approach towards bolstering the organization’s operational efficiency.
President Tinubu’s vision for NELFUND is clear, as stated in the release: “ensure Nigerian students benefit greatly” from the education loan. This directive aligns with recent legislative actions, such as the signing of the student loans amendment bill into law, signaling a holistic strategy to empower the nation’s youth through education.
Mustapha Iyal’s appointment as the executive director of operations further solidifies the administration’s dedication to ensuring sustainable higher education and critical skill development for Nigerian students and youth.
The statement concludes with an optimistic outlook, highlighting the president’s expectations for the new management team to swiftly establish the necessary frameworks for NELFUND’s effective implementation, promising immediate and lasting benefits for Nigerian students and families nationwide.
