Jim Ovia appointed chairman of the Nigerian Education Loan Fund

The appointment of well-known banker and businessman Mr. Jim Ovia as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND) has been authorized by President Bola Tinubu.

Chief Ajuri Ngelale, the President’s Special Advisor on Media and Publicity, announced the appointment in a statement on Friday.

As the founder of one of Nigeria’s top banks and a well-respected businessman, Mr. Ovia devotes a great deal of his time and energy to empowering and fostering the development of young Nigerians.

He graduated from Harvard Business School and the University of Louisiana with a master’s degree in business administration.

According to the statement, “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.

“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 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 suffers a capricious end to their pursuit of higher education over a lack of funds and of ensuring that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”