President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund.
Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.
Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education. On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.
Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer of the fund. Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!
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