Jim Ovia Takes On New Role as Chair of Student Loan Fund

The President, Bola Tinubu, has appointed seasoned banker and entrepreneur, Jim Ovia, to serve as the Chairman of the Board of the Nigerian Education Loan Fund. The announcement was made in a statement released by Ajuri Ngelale, the Special Adviser to the President on Media & Publicity.

Ovia, renowned for founding a leading Nigerian bank, is a revered figure in the business world. His commitment to supporting and empowering young Nigerians has been duly noted.

An alumnus of Harvard Business School and a holder of a Master’s in Business Administration from the University of Louisiana, Ovia’s credentials are impressive.

The National Student Loan Programme is a crucial initiative aimed at ensuring sustainable access to higher education and practical skill development for Nigerian students and youths.

The Nigerian Education Loan Fund, which oversees the implementation of this program, requires individuals of exceptional competence and professionalism to lead and oversee its operations.

In a statement, it was noted that the President believes Ovia’s vast experience and esteemed reputation will significantly contribute to realizing the goal of preventing Nigerian students from facing financial barriers to pursuing higher education.