STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU APPOINTS JIM OVIA AS CHAIRMAN OF THE NIGERIAN EDUCATION LOAN FUND

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).

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.

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.

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Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

April 26, 2024

In the same vein, the President has also approved the appointment of Dr. Innocent Bariate Barikor as the Director-General of the National Environmental Standards and Regulation Enforcement Agency (NESREA).

Also appointed is Prince Ebitimi Amgbare as the Managing Director/CEO of the Niger Delta River Basin Development Authority (NDRBDA).

Dr. Barikor is an academic and politician. He was a member of the Rivers State House of Assembly from 2011 to 2015, while Prince Amgbare is a retired naval officer and former commissioner in Bayelsa State.

According to a release signed by his Media Adviser, the President expects that the new heads of these important agencies will discharge their duties with utmost fidelity to the nation and unfailing adherence to the highest standards of professionalism, accountability, and excellent service to the people of Nigeria.

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