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Renowned Banker Jim Ovia Appointed Chairman of Nigerian Education Loan Fund Board

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

Mr. Ovia, the founder of a prominent Nigerian bank, is well-known for his contributions to empowering young Nigerians and has a strong background in business leadership. He is an alumnus of Harvard Business School and holds an MBA from the University of Louisiana.

The Nigerian Education Loan Fund, overseen by the implementing institution of the National Student Loan Programme, plays a crucial role in ensuring sustainable higher education and skill development for Nigerian students and youths.

President Tinubu expressed confidence in Mr. Ovia’s ability to bring his extensive experience and professional expertise to advance the vision of providing adequate financial support for Nigerian students pursuing higher education.

This appointment is aimed at ensuring that no Nigerian student faces financial constraints in their educational pursuits and that all youths have access to quality education and skills needed for societal contribution and global economic participation in the 21st century.