President Tinubu has appointed Mr. Akintunde Sawyerr as the pioneer Managing Director and Chief Executive Officer (CEO) of the Nigerian Education Loan Fund (NELFUND), constituting its Management Board. This decision follows the signing of the Student Loans (Access to Higher Education) Amendment Act 2024 by President Tinubu on Wednesday.
A statement released on Friday by Special Adviser to the President on Media and Publicity, Ajuri Ngelale, announced the appointment of other board members, including Mr. Frederick Oluwafemi Akinfala as Executive Director, Finance and Administration, and Mr. Mustapha Iyal as Executive Director, Operations.
In his commitment to securing Nigeria's socio-economic future and ensuring sustainable higher education and critical skill development for all Nigerian students and youth, President Bola Tinubu has approved the appointment of these qualified individuals to oversee the management of NELFUND. The statement emphasized the importance of expeditiously establishing the necessary structures for the effective operation of the Fund for the immediate and lasting benefit of Nigerian students and families nationwide.
