Tuesday, 05 November, 2024

Tinubu appoints Jim Ovia NELFUND Chairman 


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President Bola Tinubu has appointed Jim Ovia, a renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).

This was contained in a statement released by Ajuri Ngelale, the Special Adviser on Media and Publicity to the President, on Friday.

Mr Ovia, the founder of one of Nigeria’s leading banks and a respected business leader, has been instrumental in nurturing and empowering young Nigerians. 

Jim Ovia

He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.

READ ALSO: Tinubu approves takeoff of Consumer Credit Scheme

The National Student Loan Programme is a pivotal intervention aimed at ensuring sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, requires individuals of the highest professional caliber to guide and manage its operations.

The President believes that Mr Ovia’s vast experience and professional stature will be invaluable in advancing the vision of ensuring that no Nigerian student is deprived of higher education due to financial constraints.

READ ALSO: Tinubu departs for Netherlands tomorrow

Tinubu further anticipates that Mr Ovia will ensure that Nigerian youths, regardless of their backgrounds, have access to higher education and skills necessary for becoming productive members of society and contributors to the knowledge-based global economy of this century.


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