NELFUND Welcomes Dangote Foundation ₦100bn Annual Scholarship Initiative
By Alice Etuka, Abuja
The Nigerian Education Loan Fund (NELFUND) has welcomed the Aliko Dangote Foundation ₦100 billion annual education scholarship initiative, a decade-long commitment that will support more than 1.3 million Nigerian students across secondary and tertiary institutions.
This was contained in a statement signed by the Director, Strategic Communications
of NELFUND, Mrs. Oseyemi Oluwatuyi on Saturday.
NELFUND described the initiative as a bold demonstration of private-sector partnership in line with the President’s Renewed Hope Agenda and his commitment to expanding access to quality education for every Nigerian child.
The Managing Director of NELFUND, Mr. Akintunde Sawyerr, commended the Aliko Dangote Foundation for its visionary leadership and its alignment with the Federal Government’s reform priorities.
“On behalf of NELFUND, we applaud President Bola Ahmed Tinubu for championing collaborative solutions that strengthen our education system.
“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 said.
Sawyerr noted that the Foundation’s decade-long commitment, targeting public secondary schools, public tertiary institutions, and a significant STEM-focused scholarship track will greatly enhance national efforts to widen access to education financing.
He further emphasized NELFUND’s readiness to collaborate with the Dangote Foundation and government partners to ensure efficiency, transparency, and broad impact.
“NELFUND stands ready to engage, support, and work collaboratively to maximise the reach and effectiveness of this programme. We are committed to ensuring that no Nigerian is denied educational opportunity due to financial constraints”, he said.
NELFUND reaffirmed that partnerships between the government, private sector, and development stakeholders were essential for building a resilient and inclusive education ecosystem, one that reflects President Tinubu’s renewed call for shared responsibility in national development.
The Fund once again congratulated the Dangote Foundation for this historic achievement and expressed confidence that the initiative will leave a transformative legacy on Nigeria’s educational landscape.
