President Bola Tinubu has approved the appointment of Mr. Jim Ovia, CFR, a renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).
The president, in a statement signed by his spokesperson, Ajuri Ngelale, on Friday, stated that 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.
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The statement noted, “Mr. Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a wealth of efforts and contributions towards nurturing and empowering young Nigerians. He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”
The Nigerian Education Loan Fund, as the implementing institution of this innovation, demands excellence and requires Nigerians of the finest professional caliber to guide and manage it.
“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student’s pursuit of higher education is thwarted due to lack of funds, and of guaranteeing that Nigerian youths, regardless of their background, have access to higher education and skills that will make them productive members of society and key contributors to the knowledge-based global economy of this century,” the statement added.
