May 26, 2026

Tinubu Appoints Jim Ovia as Chairman of Nigerian Education Loan Fund

By Adamu Abubakar Isa

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

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

Mr. Ovia, the founder of one of Nigeria’s leading banks, is expected to bring his wealth of experience and professional stature to the role, advancing the vision of ensuring sustainable higher education and functional skill development for all Nigerian students and youths.

The National Student Loan Programme, implemented by NELFUND, aims to guarantee access to higher education and skills development for Nigerian students and youths, regardless of their background.

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