Why Tinubu Appointed Jim Ovia As Chairman Of Nigerian Education Loan Fund

President Bola Tinubu has appointed an esteemed banker and entrepreneur, Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund.

The appointment was announced in a statement on Friday by Ajuri Ngelale, the Special Adviser to the President on Media & Publicity.

The statement revealed that Ovia was given the appointment because he is the founder of one of Nigeria’s foremost banks and a highly regarded figure in business circles, known for his efforts in nurturing and empowering young Nigerians.

It highlighted his educational background, including his status as an alumnus of Harvard Business School and holder of a Master’s in Business Administration from the University of Louisiana.

The Board under the leadership of Ovia is to also ensure 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.

The National Student Loan Programme, which aims to ensure sustainable access to higher education and skills development for Nigerian students and youths, stands as a crucial initiative.

The Nigerian Education Loan Fund, tasked with implementing this program, requires people of exceptional professional caliber to lead and manage it effectively.

“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 statement partly read.

Ovia’s appointment will also ensure “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.”

KanyiDaily recalls that Former governor of Kaduna State, Nasir El-Rufai recently claimed that President Bola Tinubu Is paying more money to petrol subsidy than before.