The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has reaffirmed the agency’s commitment to making quality education accessible and affordable for all.
In a statement issued on Friday to mark the International Day of Education, themed “AI and Education: Preserving Human Agency in a World of Automation,” Sawyerr highlighted that NELFUND’s innovative student loan products are designed to help students achieve their dreams and aspirations.
He said: “We are excited to showcase our NELFUND Student Loan and new Vocational Skills Loan Initiative, both aimed at making education and skill development accessible to all, supported 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 committed to making quality education accessible and affordable for everyone, Our innovative loan products are designed to support students in achieving their dreams and aspirations. We continually optimize our processes using AI to ensure we deliver the best possible service.”
He added: “NELFUND Student Loan: Providing financial assistance to students pursuing higher education, with flexible repayment options tailored to individual needs.
“Vocational Skills Loan Initiative: A newly launched loan product to support individuals seeking vocational training and skill development, bridging the gap between education and employment.
“Commitment to Inclusion: Ensuring that our educational financial solutions are accessible to all, regardless of background or socioeconomic status. NELFUND is dedicated to creating opportunities for marginalised communities.
“Ongoing AI-Driven Process Optimization: Continuously utilising cutting-edge AI technology to streamline loan application processes, enhance customer service, and ensure efficient delivery of financial solutions.
“Furthermore, NELFUND’s efforts align with President Bola Ahmed Tinubu’s Renewed Hope Agenda. By executing the mandate of improving educational accessibility and quality, NELFUND is contributing to a more inclusive and educated society, in line with the national vision.
“NELFUND is dedicated to fostering education and skill development through innovative financial solutions that cater to the diverse needs of our clients. With continuous AI integration, NELFUND is setting new standards in the financial services industry, ensuring that education in Nigeria remains a priority in a rapidly evolving world.”
