Nigeria, March 14 -- The management of the Nigerian Education Loan Fund (NELFUND) said on Wednesday that the postponement of the take-off of the initiative is not indefinite as reported in some sections of the media.

It said rather, the management is only awaiting approval of President Bola Tinubu to choose a convenient date for a formal launch, saying everything needed to be put in place ahead of the take-off is now in place.

The Executive Secretary of the Fund, Akintunde Sawyer, had appeared on an Arise Television programme on Tuesday where he announced the postponement.

The launch had earlier been scheduled to hold on Thursday, 14 March, but Mr Sawyer said a new date would be announced soon.

NELFUND in a statement issued on Wednesd...