President Bola Tinubu has approved the appointment of Akintunde Sawyerr as the Managing Director/Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND).

A statement issued on Friday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity) said the appointment is in line with the president’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.

Also appointed to serve on the management team are Mr Frederick Oluwafemi Akinfala (Executive Director, Finance and Administration) and Mr Mustapha Iyal (Executive Director, Operations).

The statement said 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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