Would you like to receive notifications on latest updates of the following headlines?

NELFUND reaffirms commitment to affordable education

POSTED ON January 25, 2025 •   Education      BY Abiodun Saheed Omodara
Managing Director/Chief Executive Officer of the Nigeria Education Loan Fund (NELFUND), Akintunde Sawyerr

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has reiterated the agency's dedication to making quality education both accessible and affordable for everyone.

He expressed this commitment in a statement released on Friday, coinciding with the International Day of Education, which carries the theme, ‘AI and Education: Preserving Human Agency in a World of Automation.’

Sawyerr highlighted that the innovative student loan products are crafted to assist students in realizing their dreams and ambitions.

He stated: “We are thrilled to present our NELFUND Student Loan and the new Vocational Skills Loan Initiative, both aimed at enhancing access to education and skill development for all, bolstered by our ongoing AI-driven process optimization and commitment to educational inclusion in Nigeria.

“Education is the key to unlocking a brighter future. At NELFUND, we are devoted to ensuring that quality education is accessible and affordable for everyone.

“Our innovative loan offerings are tailored to help students achieve their dreams and aspirations. We continuously refine our processes using AI to guarantee we provide the best possible service.”

Sawyerr noted that NELFUND’s initiatives are in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.

He added: “By fulfilling the mandate to enhance educational accessibility and quality, NELFUND is playing a role in creating a more inclusive and educated society, in accordance with the national vision.

“NELFUND is committed to promoting education and skill development through innovative financial solutions that address the varied needs of our clients.

With ongoing AI integration, NELFUND is establishing new benchmarks in the financial services sector, ensuring that education in Nigeria remains a priority in a swiftly changing world.”

READ ALSO
South Korea launches second phase of educational initiative in Ekiti smart school
BY Abiodun Saheed Omodara April 2, 2025 0

EKITI, Nigeria - The South Korean government is poised to initiate the second phase of its education...

READ ALSO
NELFUND clarifies student loan eligibility, Focus on first-degree students
BY Abiodun Saheed Omodara March 24, 2025 0

The Nigerian Education Loan Fund (NELFUND) has clarified the reasons postgraduate students cannot ac...

READ ALSO
TETFund, NILDS forge strategic partnership to enhance tertiary education infrastructure
BY Abiodun Saheed Omodara March 22, 2025 0

ABUJA, Nigeria - The team from the Tertiary Education Trust Fund (TETFund), led by Executive Secreta...

READ ALSO
Sanwo-Olu emphasizes education as catalyst for youth development
BY Abiodun Saheed Omodara March 21, 2025 0

LAGOS, Nigeria - Lagos State Governor, Babajide Sanwo-Olu, stated on Thursday that education is the...

READ ALSO
NYSC members to receive New Monthly allowance of N77,000 starting March 2025
BY Abiodun Saheed Omodara March 21, 2025 0

ABUJA, Nigeria - The Director-General of the National Youth Service Corps (NYSC), Brigadier General...

READ ALSO
FG eases NYSC mobilization criteria for Full-Time HND graduates
BY Abiodun Saheed Omodara March 21, 2025 0

ABUJA, Nigeria - The Federal Government has declared that all full-time Higher National Diploma (HND...

READ ALSO
2025 Rankings: Nigeria’s 278 universities absent in THE World Reputation
BY Abiodun Saheed Omodara March 19, 2025 0

Nigeria, along with several countries in Sub-Saharan Africa, was absent from the recent Times Higher...

READ ALSO
LASG launches rehabilitation of 16 classrooms, enhancing public school infrastructure
BY Abiodun Saheed Omodara March 19, 2025 0

LAGOS, Nigeria - The government of Lagos State has announced the inauguration of at least 16 rehabil...

OUR CHANNELS:

Lagos faces severe traffic chaos as Independence Bridge repairs begin after Sallah holiday
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, NIGERIA - Lagos residents faced a challenging situation yesterday as they returned to work fo...


FG signs $174.6M agreement with UNIDO to enhance Nigeria's industry
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have enter...


U.S. shows highest anxiety over AI Job loss amidst technological advancements
BY Abiodun Saheed Omodara April 3, 2025 0

Despite its advanced status, research indicates that the United States of America (USA) has the high...


Bayelsa communities threaten to halt oil production over security contract dispute
BY Abiodun Saheed Omodara April 3, 2025 0

BAYELSA, Nigeria - Nigeria’s struggling oil output may be on the brink of another crisis as co...


NITDA Partners Afrovision technologies to bridge job gap for Nigeria’s Tech Talent
BY Abiodun Saheed Omodara April 3, 2025 0

In an effort to tackle the ongoing challenge of job placement for Nigeria’s expanding tech tal...


Falana advocates for accountability and rule of law
BY Abiodun Saheed Omodara April 3, 2025 0

Human rights Lawyer, Femi Falana (SAN), has called on Nigerians to seek accountability from their le...


FG signals tough stance on underdeveloped Oilfields, calls for strategic IOC investments
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government expressed its worries on Tuesday about the growing number of idle and underde...


OpenAI valuation hits $300 billion after SoftBank-led fund
BY Abiodun Saheed Omodara April 3, 2025 0

The Japanese telecommunications company, alongside a group of investors, has recently announced yet...


Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 3, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...


Nigeria imposes N20m fine, 10-Year Jail Term for Ponzi scheme offenders
BY Abiodun Saheed Omodara April 2, 2025 0

The Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi scheme...


More Articles

Load more...

Menu