President Bola Tinubu has appointed prominent banker and businessman, Mr. Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).
The announcement came through a statement released by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, on Friday.
In the statement, Ngelale expressed confidence in Mr. Ovia’s ability to leverage his extensive experience and professional reputation to advance the crucial mission of ensuring that no Nigerian student faces obstacles in pursuing higher education due to financial constraints.
According to Ngelale, Mr. Ovia’s primary responsibility will be to ensure that Nigerian youths, regardless of their backgrounds, have access to quality higher education and acquire skills that will enable them to become valuable contributors to society and the global knowledge-based economy.
Mr. Ovia, the founder of one of Nigeria’s leading banks, is widely recognized for his dedication to nurturing and empowering young Nigerians.
With an academic background that includes studies at Harvard Business School and a Master’s in Business Administration from the University of Louisiana, Mr. Ovia brings a wealth of knowledge and expertise to his new role.
The National Student Loan Programme, facilitated by the Nigerian Education Loan Fund, is a significant initiative aimed at providing sustainable higher education opportunities and fostering skill development for Nigerian students and youths.