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President activates Nigerian Education Loan Fund, approves Management Team (Full List)

*The appointment of a Management Team for the Fund is in line with President Bola Tinubu’s determination to secure Nigeria’s socio-economic future by ensuring sustainable higher education and critical skills development for all Nigerian students and the youth, says Presidential Spokesman

Alexander Davis | ConsumerConnect

Following his recent assent to the re-enacted student loans law, President Bola Ahmed Tinubu has approved the appointment of the Management Team of the Nigerian Education Loan Fund (NELFUND).

Chief Ajuri Ngelale, Presidential Spokesman, disclosed this development in a statement issued Friday, April 5, 2024, in Abuja, FCT.

The Federal Government noted the move is in line with President Tinubu’s “determination to secure Nigeria’s socio-economic future by ensuring sustainable higher education and critical skills development for all Nigerian students and the youth.”

Ngelale, therefore, listed members of the new Management Team  of the Fund as follows:

(1) Mr. Akintunde Sawyerr – Managing Director/CEO

(2) Mr. Frederick Oluwafemi Akinfala – Executive Director, Finance and Administration and.

(3) Mr. Mustapha Iyal – Executive Director, Operations.

The statement added: “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.”

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