Jim Ovia Appointed Chairman of Nigerian Education Loan Fund Board by President Tinubu

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

The announcement was made public in a statement released by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, on Friday.

Ngelale highlighted President Tinubu's confidence in Mr. Ovia's ability to leverage his extensive experience and professional stature to advance the crucial vision of ensuring that no Nigerian student faces barriers to higher education due to financial constraints.

According to Ngelale, Mr. Ovia's primary task will be to facilitate access to higher education and skills development for Nigerian youth, regardless of their background, thereby enabling them to become productive members of society and key contributors to the knowledge-based global economy.

Mr. Ovia, the founder of one of Nigeria's leading banks and a respected figure in the business community, brings a wealth of experience and a track record of 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 National Student Loan Programme, spearheaded by the Nigerian Education Loan Fund, aims to ensure sustainable higher education and functional skill development for all Nigerian students and youths. 

Given the critical importance of this initiative, President Tinubu deemed it necessary to appoint a leader of Mr. Ovia's caliber to guide and manage the institution effectively.

The appointment of Mr. Ovia underscores President Tinubu's commitment to prioritizing education and youth development as essential pillars for national progress and prosperity. 

With Mr. Ovia at the helm, the Nigerian Education Loan Fund is poised to make significant strides in expanding access to higher education and nurturing the talents of Nigeria's youth.

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