President Bola Tinubu has approved the appointment of renowned banker and businessman, Mr. Jim Ovia, as the chairman of the Board of the Nigerian Education Loan Fund, NELFUND.
The approval was made known on Friday in a statement by the Special Adviser to the President on Media and Publicity, Mr. Ajuri Ngelale.
Ngelale described Ovia as 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,” he added.
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The National Student Loan Programme, according to the media aide, “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.”
Ngelale said the president believed that Ovia would bring his immense wealth of experience and professional stature to the role to advance the all-important vision of ensuring that no Nigerian student suffered a capricious end to their pursuit of higher education over a lack of funds and of ensuring that Nigerian youths, irrespective of who they might be, have access to higher education and skills that would make them productive members of society and core contributors to the knowledge-based global economy of this century.
