Tinubu appoints Jim Ovia as student loan fund chairman

Leah TwakiApril 28, 20242 min

Tinubu has appointed Zenith Bank founder Ovia as the Chairman, Board of the Nigerian Education Loan Fund NELFUND

Jim Ovia appointed by Tinubu to chair NELFUND
Jim Ovia

President Bola Tinubu has appointed renowned banker and businessman, Jim Ovia, as the Chairman, Board of the Nigerian Education Loan Fund NELFUND.

Ajuri Ngelale, the Special Adviser to the President, Media & Publicity, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education

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,” the statement partly read.

Ovia’s appointment will also ensure “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.”

OrderPaper recalls that on April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

Leah Twaki

A Chemistry graduate, excels as a social media manager, digital journalist, and content creator with an interdisciplinary skills blend of science and communication.

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