Jim Ovia, a well-known banker and businessman, has been appointed by President Bola Tinubu to the position of Chairman of the Board of the Nigerian Education Loan Fund.
Ovia’s appointment is detailed in a State House statement released on Friday by Ajuri Ngelale, Special Advisor to the President for Media & Publicity, under the heading “President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund.”
According to the announcement, “Ovia is a renowned business leader and the creator of one of Nigeria’s top banks. She has dedicated a great deal of her time and energy to supporting and uplifting her country’s youth.
“He has a Master’s in Business Administration from the University of Louisiana and is alumnus of Harvard Business School.”
A crucial initiative aimed at ensuring all Nigerian students and young people have access to functional skill development and sustainable higher education is the National Student Loan Program.
The organization responsible for putting this innovation into practice, the Nigerian Education Loan Fund, expects quality and the most qualified Nigerians to lead and oversee.
“The President thinks Mr. Ovia will contribute his enormous wealth of experience and professional stature to this role to further the crucial vision of guaranteeing that no Nigerian student experiences an unjustifiable termination of their higher education due to insufficient funds,” a portion of the announcement stated.
“That 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,” is another goal of Ovia’s appointment.