Tinubu Appoints Jim Ovia Chair of Nigeria's Education Loan Fund

President Bola Tinubu has appointed Jim Ovia, a prominent figure in the Nigerian banking industry, to head the board of the Nigerian Education Loan Fund (NELFUND).  

In a statement on Friday signed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale,  President Tinubu expressed confidence in Ovia's qualifications, highlighting his extensive experience and professional standing.  

The President believes Ovia's leadership will be instrumental in achieving the crucial goal of ensuring no Nigerian student faces financial barriers to higher education. 

"Mr. Ovia is not only the founder of a leading Nigerian bank but also a respected business leader with a proven track record of supporting and empowering young Nigerians," the statement emphasized.  

Ngelale further noted Ovia's impressive academic credentials, including an MBA from Harvard Business School. 

The statement described the National Student Loan Programme as a critical initiative aimed at guaranteeing sustainable access to higher education and practical skills development for all Nigerian students.  

NELFUND, the program's implementing body, demands exceptional leadership and the guidance of highly qualified Nigerians, qualities Ngelale believes Ovia embodies. 

This appointment signifies the government's commitment to expanding educational opportunities for Nigerian youth, fostering a productive citizenry, and ensuring their participation in the global knowledge economy.