Dr. Frederick Akinfala, a former university don, has been appointed as part of the management team of the Nigerian Education Loan Fund (NELFUND).
Dr. Akinfala’s previous public service records include serving as director at the Federal Inland Revenue Service (FIRS).
He is to serve as Director of Finance and Administration of the newly inaugurated NELFUND.
Others so appointed are Mr. Akintunde Sawyer, Managing Director/ CEO; and, Mr. Mustapha Iyal, as Executive Director of Operations of the Fund.
President Bola Tinubu, in the statement announcing the appointments, said that the NELFUND was created to deliver “sustainable higher education and critical skill development for all Nigerian students and the youth.”
“With the appointment of the management team, the President expects that the necessary apparatuses are expeditiously put in place for the effective take-off of this pivotal Fund for the immediate and lasting benefit of Nigerian students and families in all parts of the country,” Ajuri Ngelale stated in the presidency statement.