President Bola Tinubu has assured that the Nigerian Education Loan Fund (NELFUND) will thrive on fairness and equity and promote inclusiveness by removing the financial barrier to higher education for Nigerian students.
The President, who launched the digital NELFUND Disbursement Exercise at the State House on Wednesday, said the provision of loans to students will encourage more people to seek knowledge, go for higher education, and become valuable contributors to national development.
President Tinubu commended the Chairman of the Fund, Mr. Jim Ovia, and the Managing Director, Mr. Akintunde Sawyerr, for their efforts in driving the critical agency.
He expressed his determination to ensure the success of the fund and the fulfillment of the dream of higher education by indigent Nigerian students.
In his remarks, the Chairman of NELFUND thanked the President for the privilege to serve the nation.
On his part, the Managing Director of NELFUND affirmed that there were enough funds to meet the initial requests of students across the country.
President Tinubu presented cheques to some of the students and institutions that had already been processed by NELFUND.
Meanwhile, students are to receive stipends for their upkeep, while tuition goes directly to the institutions.
