FAVOUR ISHEMBER, Abuja
The Nigerian Education Loan Fund (NELFUND) has extended its congratulations to the Aliko Dangote Foundation on the introduction of its historic ₦100 billion yearly education scholarship programme, a 10-year commitment that will benefit over 1.3 million Nigerian students in secondary and tertiary institutions.
The initiative was launched in Lagos in the presence of Vice President Kashim Shettima, representing President Bola Ahmed Tinubu, and was described by NELFUND as a courageous display of private sector collaboration, aligning with the President’s Renewed Hope Agenda and his dedication to increasing access to quality education for all Nigerian children.
NELFUND’s Managing Director/CE, Mr. Akintunde Sawyerr, praised the Aliko Dangote Foundation for its forward-thinking leadership and alignment with the Federal Government’s reform priorities.
“On behalf of NELFUND, we applaud President Bola Ahmed Tinubu for championing collaborative solutions that strengthen our education system,” Mr. Sawyerr said.
“The Dangote Foundation’s ₦100 billion annual scholarship scheme directly complements the President’s agenda to remove financial barriers for students and empower the next generation of Nigerian talent.
He noted that the Foundation’s decade-long commitment, targeting public secondary schools, public tertiary institutions, and a significant STEM-focused scholarship track will greatly enhance national efforts to widen access to education financing.
Mr. Sawyerr further emphasized NELFUND’s readiness to collaborate with the Dangote Foundation and government partners to ensure efficiency, transparency, and broad impact.
“NELFUND stands ready to engage, support, and work collaboratively to maximise the reach and effectiveness of this programme,” he added.
“We are committed to ensuring that no Nigerian is denied educational opportunity due to financial constraints.”
NELFUND reaffirmed that partnerships between the government, private sector, and development stakeholders are essential for building a resilient and inclusive education ecosystem, one that reflects President Tinubu’s renewed call for shared responsibility in national development.
The Fund once again congratulated the Dangote Foundation for this historic achievement and expressed confidence that the initiative will leave a transformative legacy on Nigeria’s educational landscape.
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