The Managing Director of the Nigerian Education Loan Fund (NELFUND) Akintunde Sawyerr has emphasised President Bola Tinubu’s commitment to revitalising education in the country through the student loan programme designed to reduce unproductivity and unhappiness amongst Nigerians students.
Speaking in Maiduguri the Borno State capital at an engagement meeting with students, educators, and government officials, Sawyerr explains the loan’s modalities which include creating an online profile as a prerequisite for application, clarifying that the loan is interest-free and does not require a fixed repayment period, making it accessible and flexible for students.
The Borno State Commissioner for Education, Science, Technology, and Innovation, Lawan Wakilbe, on his part, reiterated the state government’s commitment to facilitating student’s access to the loan, as he announced the establishment of a dedicated desk officer for NELFUND in the state to work in collaboration with the Special Adviser to Governor Zulum on Higher Education.
According to Walkibe, the initiative will guide students throughout the application process and ensure they fully understand the benefits of the loan which he describes as a low-risk grant available to all eligible students to take advantage of.
NELFUND, an initiative of President Tinubu’s Renewed Hope Agenda, aims to provide all higher institution students with access to financial resources, enabling them to pursue their educational goals and aspirations with ease.
