Student Loan: Tinubu approves new mgt team for NELFund

President Bola Tinubu has approved the appointment of a managing director and two executive directors to serve on the management team of the National Education Loan Fund (NELFUND).

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

Special Adviser on Media and Publicity to the president, Ajuri Ngelale, in a statement he signed Friday said the appointments  were “in line with his determination to secure Nigeria’s socio-economic future by ensuring sustainable higher education and critical skill development for all Nigerian students and the youth.”

Friday’s development comes two days after Tinubu signed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024.