President Bola Tinubu has instructed the Nigeria Education Loan Fund (NELFUND) management to broaden its scope by providing interest-free loans to Nigerian students interested in skill development programmes.
Tinubu gave this directive at the State House on Monday following a briefing by Mr. Akintunde Sawyerr, the Executive Secretary of NELFUND, regarding the upcoming launch of the program later this month.
The President emphasized the importance of including individuals not pursuing university education, highlighting the significance of skill acquisition alongside traditional academic qualifications.
“This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas. This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to build our nation with their skilled and trained hands. By this, I have instructed NELFUND to explore all opportunities to teach skill-development programmes because not everybody wants to go through a full university education,” he said.
President Tinubu emphasised the need for equity and inclusivity in the management of the programme, stating: “No matter how economically challenged you are, accredited and qualified students will and must have access to this loan to advance their education in higher institutions. There is no compromise in our commitment to the disadvantaged citizens of this nation.”
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