The managing director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has visited Borno State to discuss the benefits of the fund’s initiative with students, educators, and government officials.
NELFUND, an initiative of President Bola Ahmed Tinubu’s Renewed Hope Agenda, aims to provide all higher institution students with access to financial resources, enabling them to easily pursue their educational goals and aspirations.
Sawyerr emphasised President Tinubu’s commitment to revitalising education in the country, stating that the loan programme is also designed to reduce unproductivity and unhappiness among Nigerian students, which often lead to broader societal issues.
He explained the loan’s modalities, which include creating an online profile as a prerequisite for application. He clarified that the loan is interest-free and does not require a fixed repayment period, making it accessible and flexible for students.
Borno State commissioner for education, science, technology, and innovation, Lawan Abba Wakilbe, reiterated the state government’s commitment to facilitating student access to the loan, hence announcing the establishment of a dedicated desk officer for NELFUND in the state.
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