Mr. Jim Ovia, a highly regarded banker and entrepreneur, has been selected by President Bola Tinubu as the new Chairman of the Nigerian Education Loan Fund (NELFUND) board.
In a statement released on Friday, Presidential spokesperson Ajuri Ngelale made the announcement.
As the founder of Zenith Bank, Ovia is a respected figure in the business world with a history of supporting and empowering young Nigerians.
The President is confident that Ovia’s vast experience and professional reputation will contribute significantly to the crucial goal of ensuring that every Nigerian student has access to higher education without financial barriers.
This appointment follows President Tinubu’s approval of the revised student loan bill on April 3, 2024.
The student loan program is designed to address the challenges faced by Nigerians seeking to further their education.