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Renowned Banker Jim Ovia named chairman of Nigerian Education Loan Fund by President Tinubu

Appointment Signals Commitment to Accessible Higher Education and Skill Development for Nigerian Youths

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President Bola Tinubu has appointed acclaimed banker and businessman, Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund, underscoring a commitment to fostering accessible higher education and skill development for Nigerian youths. The announcement, conveyed in a State House statement, heralds Ovia’s esteemed stature and extensive experience in the financial sector.

Ovia, renowned for his founding role in one of Nigeria’s leading banks, is hailed as a respected business leader with a history of empowering young Nigerians. His appointment is positioned to leverage his expertise in steering the National Student Loan Programme towards sustainable higher education and functional skill acquisition.

Highlighting Ovia’s academic credentials, including a Master’s in Business Administration from the University of Louisiana and an alumnus status at Harvard Business School, the statement emphasizes his capacity to lead the Nigerian Education Loan Fund 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 asserts.

Ovia’s appointment is not merely ceremonial but symbolic of a broader commitment to inclusivity and equity in education. By ensuring that Nigerian youths, regardless of their backgrounds, have access to higher education and skills development, Ovia’s stewardship aligns with the imperative of nurturing a knowledgeable and productive citizenry.

As Nigeria navigates the challenges of a rapidly evolving global economy, Ovia’s leadership promises to fortify the nation’s position by empowering its youth with the tools and opportunities necessary for success in the knowledge-based landscape of the 21st century.

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