The Nigerian Education Loan Fund (NELFUND) has congratulated the Aliko Dangote Foundation on the launch of its unprecedented ₦100 billion annual education scholarship initiative a decade long commitment expected to benefit more than 1.3 million Nigerian students in secondary and tertiary institutions.
In a statement issued by the Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi, NELFUND described the initiative, unveiled in Lagos in the presence of Vice President Kashim Shettima, who represented President Bola Ahmed Tinubu, as a bold demonstration of private sector partnership.
The Fund noted that the programme aligns with the President’s Renewed Hope Agenda and his commitment to expanding access to quality education for every Nigerian child.
The Managing Director and Chief Executive Officer of NELFUND, Mr. Akintunde Sawyerr, commended the Aliko Dangote Foundation for its visionary leadership and strong alignment with the Federal Government’s education reform priorities.
“On behalf of NELFUND, we applaud President Bola Ahmed Tinubu for championing collaborative solutions that strengthen our education system,” 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 significantly enhance national efforts to expand access to education financing.
Sawyerr further emphasized NELFUND’s readiness to collaborate with the Dangote Foundation and other government partners to ensure efficiency, transparency, and broad based 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 strong partnerships between government, the private sector, and development stakeholders are critical to building a resilient and inclusive education ecosystem, reflecting President Tinubu’s renewed call for shared responsibility in national development.
The Fund once again congratulated the Aliko Dangote Foundation on the landmark initiative and expressed confidence that it would leave a transformative legacy on Nigeria’s educational landscape.
