President Bola Tinubu has appointed a management team for the newly created Nigerian Education Loan Fund (NELFUND).
President Tinubu earlier in the week signed into law the Students’ Loan bill that was passed into law by the National Assembly.
The new appointees are, Mr. Akintunde Sawyerr – Managing Director/CEO, Mr. Frederick Oluwafemi Akinfala – Executive Director, Finance and Administration and Mr. Mustapha Iyal- Executive Director, Operations.
The NELFUND is saddled with the responsibility of supervising the Nigeria Education Loan Fund for the effective administration of the facilities which is aimed at helping young Nigerians who ordinarily may not be able to pay for their education to acquire the critical skills needed to facilitate the boast of the Nigeria economy.
The loans will enable disadvantaged Nigerian students to cover their tuition in Nigeria universities, Polytechnics and Colleges of Education.