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REDAN Commends Appointments Of Lawmakers, Ashafa, Jibril As FHA MD, Executive Director

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By Mustapha Suleiman

The President of Real Estate Developers Association of Nigeria (REDAN) Alhaji Aliyu Oroji Wamakko has commended the appointments of the duo of Sen. Gbenga Ashafa and Hon. AbdulMumin Jibrin by President Muhammadu Buhari as Managing Director of the Federal Housing Authority (FHA) and Executive Director, Business Development respectively by President Muhammadu Buhari.

 

Wamakko said that their appointments   justify the present administration`s commitment to the delivery of affordable housing for all.

 

The REDAN president noted that Sen. Gbenga Ashafa and Hon. AbdulMumin Jibrin experience in law making will come to bear in managing the affairs of the agency which will lead to a robust housing policies implementation that will enhance housing delivery nationwide, describing   their appointments as a round pegs in round holes.

 

He said both Sen. Ashafa, who represented Lagos East Senatorial District, and Hon. Jibrin, who was the representative for Kiru/Bebeji Federal Constituency of Kano State comes with a lot of experiences as former legislators and public servants.

 

The REDAN president also commended the FHA for registering to become a member of the Real Estate Developers Association of Nigeria.   He said that a letter had been sent to the Authority to show its appreciation of their membership as well as to congratulate  to the new management of  FHA.

 

Wamakko said, “FHA has been a  registered member of REDAN since 2004 and have a strong partner in progress with the association on public and private sector driven housing delivery. We are happy that the government has bestowed on Sen. Gbenga Ashafa and Hon. AbdulMumin Jibrin the responsibilities of driving the delivery of affordable housing to Nigerians based on the recommendation of the  Federal Government`s Economic Sustainability Plan (ESP) initiated in response to the economic challenges posed by Covid-19 pandemic.

 

He said, “ We believe that the people chosen to pilot the affairs of the FHA in view of the urgent need to revamp the nation’s economy through the housing sector due to Covid-19 economic impact  are of proven integrity as they have shown  their qualities of leadership in several  places. We are sure as former members of the national assembly, they will be willing to serve the interest of the people.”

 

The REDAN president also congratulated the chairman of the Economic Sustainability Plan (ESP) committee, vice president Yemi Osinbajo for his call on the private sector to take a bold step in participating fully in  the federal  government`s  economic recovery program at this point in time.

 

Wamakko said that REDAN is ready and open for discussion with governments  at all level  to deliver the over 3 million housing deficit across the nation.

 

He added, “We are sure of creating at thousands of jobs through housing construction. Direct building of houses shouldn’t be the business of the government; rather they should provide an enabling environment and favourable policies for the private sector to do it.”

 

He also called on the Central Bank of Nigeria (CBN) governor to match word with action on his recent  announcement that the apex bank was  going to provide palliatives to support the housing development in order to create employment and revitalise the economy.

 

He said, “ Emefile made this announcement on  20th of January this year, we supposed to go out of talk shop and go on reality now to be able to curb the effect of Covid-19 now on Nigerians. The core economic effect of this Covid -19 impact will be felt  within the first quarter of 2021 and we believe if nothing is done now, it is going to hit hard  on all Nigerians household. For this reason, the CBN governor should do more action than talking.”

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NELFUND: The Renewed Hope Engine Propelling Nigeria’s Youth into Tomorrow

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By Dayo Israel, National Youth Leader, APC

As the National Youth Leader of the All Progressives Congress, I have spent most of my tenure fighting for a Nigeria where every young person, regardless of their ward or local government, family income, or circumstance, can chase dreams without the chains of financial despair.

Today, that fight feels like victory, thanks to the Nigerian Education Loan Fund (NELFUND). Launched as a cornerstone of President Bola Ahmed Tinubu’s Renewed Hope Agenda, this initiative isn’t just a policy tweak; it’s a revolution. And under the steady, visionary hand of Managing Director Akintunde Sawyerr, NELFUND has transformed from a bold promise into a roaring engine of opportunity, disbursing over ₦116 billion to more than 396,000 students and shattering barriers for over a million applicants.

Let’s be clear: NELFUND was always destined to be a game-changer. Signed into law by President Tinubu on April 3, 2024, it repealed the outdated 2023 Student Loan Act, replacing it with a modern, inclusive framework that covers tuition, upkeep allowances, and even vocational training—ensuring no Nigerian youth is left on the sidelines of progress.

But what elevates it from groundbreaking to generational? Leadership. Enter Akintunde Sawyerr, the diplomat-turned-executioner whose career reads like a blueprint for results-driven governance. From co-founding the Agricultural Fresh Produce Growers and Exporters Association of Nigeria (AFGEAN) in 2012—backed by icons like former President Olusegun Obasanjo and Dr. Akinwumi Adesina—to steering global logistics at DHL across 21 countries, Sawyerr brings a rare alchemy: strategic foresight fused with unyielding accountability.

As NELFUND’s pioneer MD, he’s turned a fledgling fund into a finely tuned machine, processing over 1 million applications since May 2024 and disbursing ₦116 billion—₦61.33 billion in institutional fees and ₦46.35 billion in upkeep—to students in 231 tertiary institutions nationwide. That’s not bureaucracy; that’s brilliance.

Sawyerr’s touch is everywhere in NELFUND’s ascent. Since the portal’s launch, he’s overseen a digital ecosystem that’s as transparent as it is efficient—seamless verification, BVN-linked tracking, and real-time dashboards that have quashed misinformation and built trust. In just 18 months, the fund has empowered 396,252 students with interest-free loans, many first-generation learners who might otherwise have dropped out.

Sensitization drives in places like Ekiti and Ogun have spiked applications — 12,000 in a single day in one instance, while expansions to vocational centers in Enugu pilot the next wave of skills-based funding. And amid challenges like data mismatches and fee hikes, Sawyerr’s team has iterated relentlessly: aligning disbursements with academic calendars, resuming backlogged upkeep payments for over 3,600 students, and even probing institutional compliance to safeguard every kobo. This isn’t management; it’s mastery—a man who doesn’t just lead but launches futures.

Yet, none of this happens in a vacuum. President Tinubu’s alliance with trailblazers like Sawyerr is the secret sauce securing Nigeria’s tomorrow. The President’s Renewed Hope Agenda isn’t rhetoric; it’s resources—₦100 billion seed capital channeled into a system that prioritizes equity over elitism. Together, they’ve forged a partnership where vision meets velocity: Tinubu’s bold repeal of barriers meets Sawyerr’s boots-on-the-ground execution, turning abstract policy into tangible triumphs. It’s a synergy that’s non-discriminatory by design—Christians, Muslims, every tribe and tongue united in access—fostering national cohesion through classrooms, not courtrooms.

As Sawyerr himself notes, this is “visionary leadership” in action, where the President’s political will ignites reforms that ripple across generations.

Why does this matter to us, Nigeria’s youth? Because NELFUND isn’t handing out handouts—it’s handing out horizons. In a country where 53% of us grapple with unemployment, these loans aren’t just funds; they’re fuel for innovation, entrepreneurship, and endurance.

Picture it: A first-generation polytechnic student in Maiduguri, once sidelined by fees, now graduates debt-free (repayments start two years post-NYSC, employer-deducted for ease) and launches a tech startup. Or a vocational trainee in Enugu, equipped with skills funding, revolutionizing local agriculture. This is quality education that endures—not fleeting certificates, but lifelong launchpads. Sawyerr’s focus on human-centered design ensures loans cover not just books, but bread—upkeep stipends of ₦20,000 monthly keeping hunger at bay so minds can soar. Under his watch, NELFUND has debunked doubts, refuted fraud claims, and delivered results that scream sustainability: Over ₦99.5 billion to 510,000 students by September, with 228 institutions on board.

As youth leaders, we see NELFUND for what it is: A covenant with our future. President Tinubu and MD Sawyerr aren’t just allies; they’re architects of an educated, empowered Nigeria—one where poverty’s grip loosens with every approved application, and innovation blooms from every funded desk. This isn’t charity; it’s an investment in the 70 million of us who will lead tomorrow.

We’ve crossed one million applications not because of luck, but leadership—a duo that’s turning “access denied” into “future unlocked.”

To President Tinubu: Thank you for daring to dream big and backing it with action.

To Akintunde Sawyerr: You’re the executor we needed, proving that one steady hand can steady a nation.

And to every Nigerian youth: Apply. Graduate. Conquer.

Because with NELFUND, your generation isn’t just surviving—it’s thriving, enduring, and eternal.

The Renewed Hope isn’t a slogan; it’s our story, now written in scholarships and success. Let’s keep turning the page.

Dayo Israel is the National Youth Leader of the All Progressives Congress (APC).

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