The Managing Director of the Nigeria Education Loan Fund (NELFUND), Mr Akintunde Sawyer, has disclosed that Osun State has the highest number of applicants for the loan.
Speaking in Osogbo, the state capital, at a meeting with Governor Nurudeen Ademola Jackson Adeleke, Sawyer said Osun came first in terms of responsiveness and filling of requisite institutional and students data among the 36 States of the federation.
Explaining the significance of the education loan fund, Sawyer said the targeted beneficiaries are indigents students, noting that the critical step to reaching each student is credible data gathering in which he said Osun is leading other states.
He lauded Governor Adeleke for embracing the vision of President Bola Tinubu on the loan scheme.
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Responding, Governor Adeleke commended President Tinubu for activating the initiative.
“We express our appreciation to President Bola Ahmed Tinubu for creating this Funding initiative as a response to the many challenges facing our student population.
“We commend the President for demonstrating strong political will by fast tracking not only the establishment of the Fund but its effective take off.
Adeleke said Osun is willing to partner with the Federal Government for the benefit of people of the state.
“When it comes to bringing dividends of democracy to our people, we are blind to partisan politics. Our focus is the improvement of the lives of our people irrespective of where it is coming from.”
“As a government, we see the Fund as a veritable platform to provide a lifeline for many indigents students in our various schools. The initiative promises to remove the pain and hardship experienced by many brilliant students in the area of funding. Again, we are elated by the prospects and opportunities for our students , hence our launching into the programme with all machinery of government.”
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