By Uche Onyeali
Managing Director of Nigerian Education Loan Fund, NELFUND, Akintunde Sawyerr has stated that the loan programme introduced by the federal government was designed to reduce unproductivity amongst students.
Sawyerr, who disclosed this after his visit to Borno State to engage students, government officials and educators, said the programme was also designed to benefit students, to meet their academic needs, as well as reduce their unhappiness which often leads to broader societal issues.
He said the visit to Borno State was aimed at engaging students, educators and government officials, while highlighting the benefits of NELFUND.
The NELFUND boss also emphasised President Bola Tinubu’s commitment to revitalise education in the country.
Sawyerr explained the loan modalities, which include creating an online profile as a prerequisite for application.
Clarifying that the loan was interest-free and does not require a fixed repayment period, he said the fund is making the loan accessible and flexible for students.
Also, the Borno State Commissioner for Education, Science, Technology and Innovation, Lawan Wakilbe reiterated the state government’s commitment to facilitate students access to the loan.
Wakilbe announced the establishment of a dedicated desk officer for NELFUND, Ali Sheriff who will work in collaboration with the special adviser to the governor on higher education and other educators.
Wakilbe added that the initiative would guide students throughout the application process and ensure that they fully understood the benefits of the loan.
