▪️Presidency gives details on Educational Loan Fund Board’s Chairman, who once reportedly said “$825m means nothing to me.”
President Bola Tinubu has approved the appointment of Mr. Jim Ovia, CFR, renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND).
This is contained in a statement issued by Ajuri Ngelale, Special Adviser to the President on Media & Publicity, on Friday.
Platforms Africa reports that Ovia, popularly called the God Father of Banking, was once quoted by Forbes Africa to have given reasons $825 million meant nothing to him.
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Giving details on Ovia’s appointment, the statement by Ajuri Ngelale, read; “Mr. Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.”
“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”
The National Student Loan Programme “is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.
“The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.
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“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 and of ensuring 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 statement read.
Platforms Africa
