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Saturday, 15 March 2025
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President Tinubu Appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund (NELFUND)

President Bola Tinubu has announced the appointment of Mr. Jim Ovia, CFR, a prominent banker and businessman, as Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).

The announcement came through a statement issued by Ajuri Ngelale, Special Adviser to the President on Media & Publicity.

Mr. Ovia, a respected business leader, is the founder of one of Nigeria’s leading banks and has a track record of supporting and empowering young Nigerians.

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

The National Student Loan Programme aims to ensure sustainable higher education and functional skill development for Nigerian students and youths. As the entity responsible for implementing this program,

NELFUND requires leadership with both high professional standards and a commitment to educational advancement.

President Tinubu expressed his confidence in Mr. Ovia’s ability to lead this critical initiative, noting his vast experience and esteemed professional reputation.

According to the statement, the president believes that Mr. Ovia’s expertise will be instrumental in achieving the program’s goal: ensuring that no Nigerian student faces obstacles to higher education due to financial constraints, and that all Nigerian youths have access to the skills necessary to be productive and valued contributors to society and the global economy.

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