Tinubu Appoints Jim Ovia as Chairman of Nigerian Education Loan Fund: A Step Towards Sustainable Higher Education

Towards ensuring sustainable higher education and skill development for Nigerian youths, President Bola Tinubu has officially appointed Mr. Jim Ovia as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).
The appointment, which was announced on Friday, aims to advance the vision of making higher education accessible to all Nigerian students, regardless of their financial background.
Special Adviser to the President on Media and Publicity, Ajuri Ngelale, detailed the President’s decision in a statement, highlighting Mr. Ovia’s extensive experience and professional stature as key assets that will propel the vision forward.
The statement emphasized the importance of providing access to higher education and skills that will enable Nigerian youths to become productive members of society and contribute to the global knowledge-based economy.
Mr. Ovia, a renowned banker and businessman, is the founder of one of Nigeria’s leading banks and a respected figure in the business community.
His contributions to nurturing and empowering young Nigerians are well-known, and his appointment as Chairman of NELFUND reflects his commitment to furthering educational opportunities for the nation’s youth.
As an alumnus of Harvard Business School and holder of a Master’s in Business Administration from the University of Louisiana, Mr. Ovia brings a wealth of knowledge and expertise to his new role.
His leadership will be crucial in guiding the Nigerian Education Loan Fund, an institution dedicated to providing sustainable higher education and skill development to Nigerian students and youths.
The National Student Loan Programme, a key initiative under NELFUND, is designed to ensure that no student faces a premature end to their pursuit of higher education due to financial constraints.
By appointing Mr. Ovia as Chairman, President Tinubu has taken a significant step towards realizing this goal and fostering a brighter future for Nigeria’s young population.
The appointment of Jim Ovia as Chairman of NELFUND represents a strategic move by President Bola Tinubu to invest in the education and future of Nigerian youths.
With Mr. Ovia at the helm, the Nigerian Education Loan Fund is poised to play a pivotal role in transforming the country’s higher education landscape and promoting sustainable development for generations to come.
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