NELFUND praised for transforming students’ lives at Ilaro university
The Acting Vice Chancellor of the Federal University of Technology, Ilaro, Dr Mikhail Akinde, has commended President Bola Tinubu for establishing the Nigerian Education Loan Fund (NELFUND). He revealed that the institution received about N32 million from the fund, helping many students continue their education despite financial challenges. Dr Akinde highlighted the institution’s focus on technical education and innovation, showcasing various inventions by staff and students. He also called on investors to support mass production of these innovations to reduce import dependence and create jobs.
What we know
- Dr Mikhail Akinde stated that about 233 students benefited from the N32 million disbursed by NELFUND.
- The intervention prevented students from abandoning their studies due to financial constraints.
- The institution exhibited inventions such as solar- and battery-powered tricycles, palm oil digesters, PET bottle shredders, maize dehuskers, defeathering machines, and incubators.
- Dr Akinde urged investors to partner with the institution for mass production of these machines to boost local industry.
- The university plans to honour notable figures, including Ogun State Governor Prince Dapo Abiodun and Katsina State Governor Dr Dikko Radda, for their contributions to national development.
