President Tinubu Appoints Management Team For Education Loan Fund

President Bola Tinubu has approved the appointment of three qualified Nigerians to serve on the management team of the Nigerian Education Loan Fund (NELFUND)

According to Ajuri Ngelale, Special Assistant to the President on Media & Publicity, this is in tandem with Tinubu’s determination to secure Nigeria's socio-economic future by ensuring sustainable higher education and critical skill development for all Nigerian students and the youth.

The appointees include Mr. Akintunde Sawyerr as Managing Director/CEO; Mr. Frederick Oluwafemi Akinfala as Executive Director, Finance and Administration and Mr. Mustapha Iyal as Executive Director, Operations

“With the appointment of the management team, the President expects that the necessary apparatuses are expeditiously put in place for the effective take-off of this pivotal Fund for the immediate and lasting benefit of Nigerian students and families in all parts of the country.”

Recall that President Tinubu, on April 3, signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, into law.