President Bola Tinubu has appointed renowned banker and businessman, Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund. The appointment was confirmed in a statement issued by Ajuri Ngelale, Special Adviser to the President on Media & Publicity.
Ovia, the founder of one of Nigeria’s leading banks, is recognized for his significant contributions to nurturing and empowering young Nigerians. A Harvard Business School alumnus with a Master’s in Business Administration from the University of Louisiana, he brings a wealth of experience and professional stature to his new role.
The National Student Loan Programme, administered by the Nigerian Education Loan Fund, aims to ensure sustainable higher education and skill development for Nigerian students and youths. President Tinubu believes Ovia’s appointment will further the vision of providing equitable access to higher education and skills development, regardless of financial constraints.
Ovia’s appointment underscores the commitment to empowering Nigerian youths and preparing them to be productive members of society, contributing to the knowledge-based global economy of the 21st century.
The appointment of Ovia signals a strategic move to strengthen the management and guidance of the Nigerian Education Loan Fund, ensuring its effectiveness in supporting the educational aspirations of Nigerian students.
