By RismadarVoice Media
December 14, 2025
The Nigerian Education Loan Fund (NELFUND) has hailed the Aliko Dangote Foundation on the launch of its unprecedented N100 billion annual education scholarship initiative, a decade-long commitment that will support more than 1.3 million Nigerian students across secondary and tertiary institutions.
NELFUND described the initiative, unveiled in Lagos as a bold demonstration of private-sector partnership in line with the President’s Renewed Hope Agenda, his commitment towards expanding access to quality education for every Nigerian child.
The Managing Director/CEO of NELFUND, Mr. Akintunde Sawyerr commended the Aliko Dangote Foundation for its visionary leadership and its alignment with the Federal Government’s reform priorities.
Mr. Sawyerr said: “On behalf of NELFUND, we applaud President Bola Ahmed Tinubu for championing collaborative solutions that strengthen our education system.
“The Dangote Foundation’s N100 billion annual scholarship scheme directly complements the President’s agenda to erase financial barriers for students, empower the next generation of Nigerian talents.”
He noted that the Foundation’s decade-long commitment, targeting public secondary schools, public tertiary institutions, a significant STEM-focused scholarship track will greatly enhance national efforts to widen access to education financing.
Furthermore, he affirmed NELFUND’s readiness to collaborate with the Dangote Foundation, government partners to ensure efficiency, transparency, broad impact.
NELFUND stands ready to engage, support, work collaboratively to maximize the reach and effectiveness of this programme.
“We are committed towards ensuring that no Nigerian is denied educational opportunity due to financial constraints”, he added.
NELFUND reaffirmed that partnerships between the government, private sector, development stakeholders are essential for building a resilient, 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, expressed confidence – that the initiative will leave a transformative legacy on Nigeria’s educational landscape.
