President Bola Tinubu has given his approval for the appointment of three highly qualified individuals to join the management team of the Nigerian Education Loan Fund (NELFUND).
Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, conveyed that this decision reflects President Tinubu’s unwavering commitment to securing Nigeria’s socio-economic future by prioritizing sustainable higher education and critical skill development for all Nigerian students and youth.
The appointees include Akintunde Sawyerr, who assumes the role of pioneer Managing Director/CEO of the Fund, alongside Frederick Oluwafemi Akinfala and Mustapha Iyal, appointed as Executive Directors responsible for Finance and Administration, and Operations, respectively.
Ngelale emphasized that with the formation of the management team, President Tinubu anticipates the swift establishment of necessary structures for the effective commencement of this pivotal Fund.
The President envisions that NELFUND will swiftly begin its operations to provide immediate and lasting benefits to Nigerian students and families across the nation.

