By Edwin Philip, Lafia
The Managing Director of the Nigerian Education Loan Fund (NELFUND), Dr Akintunde Sawyerr, has said that 850,000 individual Nigerians have benefited from President Bola Ahmed Tinubu’s student loan scheme, with more than one million loan applications received and N303 billion disbursed within two years.
The NELFUND managing director disclosed this on Friday at the Federal University of Lafia, Nasarawa State, during the Renewed Hope Students Leaders Engagement and Digital Acceleration Programme for the North Central Zone.
Addressing participants, Sawyerr explained that President Bola Ahmed Tinubu had, for the first time in the history of the country, taken the financial burden of education off the shoulders of parents and students by ensuring that nobody misses the opportunity to acquire education because of lack of funds or sponsors.
He said, “The President has recognised this and he said we cannot let young people just be roaming around the street for any reason, not because they don’t want to learn, but because they don’t have money or they don’t come from rich homes. The President said that is not acceptable.”
