Tinubu appoints Sawyerr as Education Loan Fund CEO

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

Tinubu also appointed Frederick Oluwafemi Akinfala as NELFUND Executive Director, Finance and Administration; and Mustapha Iyal as the Executive Director, Operations.

The appointments were disclosed in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Friday, April 5, 2024.

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Ngelale stated that the appointment of Sawyerr and the two others was 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.

The presidential spokesman added that with the appointment of the NELFUND management team, President Tinubu expects that the necessary apparatuses are expeditiously put in place for the effective take-off of the Fund for the immediate and lasting benefit of Nigerian students and families in all parts of the country.