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President Tinubu Appoints Jim Ovia As NELFUND Chairman

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President Tinubu Appoints Jim Ovia As NELFUND Chairman

Mr. Jim Ovia, CFR, a distinguished banker and entrepreneur, has been appointed by President Bola Tinubu as the Chairman of the Nigerian Education Loan Fund (NELFUND).

This announcement was made in a statement released by Ajuri Ngelale, the Special Adviser to the President on Media & Publicity, on Friday.

Mr. Ovia, an esteemed business leader and founder of a prominent Nigerian bank, has dedicated his philanthropic efforts to nurturing and empowering young Nigerians.

He graduated from Harvard Business School and obtained a Master’s in Business Administration from the University of Louisiana.

Ngelale emphasizes the importance of the National Student Loan Programme in providing sustainable higher education and skill development opportunities for Nigerian students and youth.

The Nigerian Education Loan Fund, responsible for implementing this initiative, requires individuals of exceptional professionalism to lead and oversee its operations.

“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,” the statement added.