April 4, 2025
Home » President Tinubu appoints, Zenith Bank founder, Jim Ovia chairman of Nigerian Education Loan Fund
President Tinubu appoints, Zenith Bank founder, Jim Ovia chairman of Nigerian Education Loan Fund

President Tinubu appoints, Zenith Bank founder, Jim Ovia chairman of Nigerian Education Loan Fund

President Tinubu has approved the  appointment of, a Nigerian business man and founder of Zenith Bank, Jim Ovia the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).

The NELFUND appointed chairman, Jim Ovia, is a renowned business leader, with a strong passion for empowering young willing Nigerians and creating opportunities for growth and financial management.

Ovia is a licentiate of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana, and holds other various  qualifications.

According to a statement released by the office of President Tinubu on his appointment, it is believed by that president that Ovia will employ his  “immense wealth of experience” in the actualisation of the object for his approval as the NELFUND’s chairman.

The State House Press statement released on Friday confirmed that president Tinubu, as part of his top priorities and transformation agenda, has maintained his stand in ensuring that the National Student Loan Program Fund does not falls short of its purpose.

“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 student Loan initiatied by president Tinubu, according to the statement, seeks to give young Nigerians access to “higher education, and make every youth a productive “members of the society ”

“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.


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