President Bola Tinubu has appointed Mr. Jim Ovia, a prominent banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND), according to a statement released on Friday by Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity.
Mr. Ovia, renowned for his leadership in the banking sector and entrepreneurial ventures, brings a wealth of experience and dedication to empowering young Nigerians. A Harvard Business School alumnus with a Master’s Degree in Business Administration from the University of Louisiana, his appointment underscores the government’s commitment to promoting sustainable higher education and skill development for Nigerian students and youths.
The National Student Loan Programme, a cornerstone initiative, aims to ensure equitable access to higher education and functional skill development for all Nigerian students and youths. As the implementing institution of this program, the Nigerian Education Loan Fund requires leadership of the highest caliber.
President Tinubu expressed confidence that Mr. Ovia’s leadership will advance the crucial vision of ensuring that no Nigerian student faces obstacles to higher education due to financial constraints. Moreover, the appointment underscores the government’s commitment to providing Nigerian youths with the education and skills necessary to thrive in the knowledge-based global economy of the 21st century.
