Breaking news: Tinubu has appointed Jim Ovia, the founder of Zenith Bank, as the chairman of the student loan fund.
President Bola Tinubu has given his approval for 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). This announcement was made through a statement released by Ajuri Ngelale, the Special Adviser to the President on Media & Publicity, on Friday.
Ngelale emphasized that President Tinubu believes Mr. Ovia will leverage his extensive experience and professional standing to advance the crucial vision of ensuring that no Nigerian student’s pursuit of higher education is hindered due to financial constraints.
Mr. Ovia, the founder of one of Nigeria’s leading banks, is recognized as a respected business leader who has consistently supported and empowered 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
The National Student Loan Programme, overseen by the Nigerian Education Loan Fund, aims to provide sustainable higher education opportunities and promote functional skill development for all Nigerian students and youths.
President Tinubu believes that Mr. Ovia’s appointment will further the important goal of ensuring that no Nigerian student faces barriers to higher education due to financial limitations. Moreover, it underscores the commitment to ensuring that Nigerian youths, regardless of their backgrounds, have access to education and skills that will enable them to become productive members of society and significant contributors to the global knowledge-based economy of the 21st century.
