Following the approval of the Nigerian Education Loan Fund (NELFUND), President Bola Tinubu has appointed Jim Ovia, a business tycoon, as the Chairman of its board.
Recall that on April 3, President Tinubu signed the Nigerian Education Loan Fund bill into law at the presence of key representatives of the Nigerian government.
Tinubu’s spokesman, Ajuri Ngelale, made the announcement on Friday via his social media page on Facebook.
Ngelale explained that “the National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.”
He further noted that “the Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.”
The President trusts Mr. Ovia’s extensive experience and professional reputation to advance the crucial vision of ensuring that no Nigerian student misses out on higher education due to financial constraints.
Additionally, he aims to guarantee that all Nigerian youths have access to higher education and the skills needed to become productive members of society and contribute to the knowledge-based global economy of this century.
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Who is Jim Ovia?
Known for his efforts and contributions to empowering and fostering the growth of young Nigerians, Mr. Ovia is a highly esteemed business leader and the creator of one of the leading banks in Nigeria.
He is professionally certified with Master’s degree in Business Administration from the University of Louisiana, and another from the attended Harvard Business School.
