The Nation Newspaper NELFUND: Northern institutions lead loan applications - Sawyerr
The Nigerian Education Loan Fund has received more loan applications from institutions in the northern part of the country, according to Managing Director, Akintunde Sawyerr.
Sawyerr assured that the disbursement program is real and backed by President Bola Ahmed Tinubu, aiming to alleviate doubts and increase participation from southern institutions. Universities have the highest demand for loans, followed by polytechnics and teacher training colleges, a trend expected to continue.
Sawyer affirmed that the loan scheme will have a positive impact on many lives in the country, saying “It’s a great privilege, great honour to be able to be part of a programme that will change so many lives over so long a period into the future. “We are very proud of this. We as Nigerian students will call it a new dawn in the education sector. During the presidential disbursement today, you can see people applying, whatever background you belong to, you can assess the loan. It was so transparent, once you apply you will get it, irrespective of your status, your age, and your class.
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