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Jim Ovia, founder of Zenith Bank

President Bola Ahmed Tinubu has received Jim Ovia, founder of Zenith Bank and chairman of the Nigerian Education Loan Fund (NELFUND), at the Presidential Villa in Abuja.

The meeting, held on Tuesday, October 20, comes as the Federal Government continues to implement its student loan programme aimed at widening access to higher education for Nigerian students.

Ovia, a prominent figure in Nigeria’s banking industry, was appointed chairman of the NELFUND board by Tinubu in April 2024 to help steer the administration of the national student loan initiative.

The programme was established to reduce financial barriers to tertiary education by providing eligible students with access to loans for their studies.

Although the specific agenda of Tuesday’s meeting was not officially disclosed, Ovia’s position at the helm of NELFUND places him at the centre of efforts to expand access to education financing and strengthen the programme’s implementation.

The student loan scheme forms part of the Federal Government’s broader education reform agenda, with the objective of ensuring that financial difficulties do not prevent qualified young Nigerians from pursuing higher education.

READ ALSO: Tinubu Extends Correctional, Immigration Chiefs’ Tenures By 18 Months

Further details of the discussions between the President and the NELFUND chairman were not immediately available as of the time of filing this report.

TheTrafficNG will continue to follow developments surrounding the government’s education financing programme and any official announcements arising from the meeting.

The Traffic NG
Jim Ovia
Amarachi Ihesiulo

Ihesiulo Grace Amarachi is a Nigerian journalist, writer and media professional serving as the Editor-in-Chief of TheTraffic.NG, a digital news platform covering national and international affairs. Her editorial interests span politics, business, aviation, health, technology, entertainment, sports and social development. She is committed to credible journalism, insightful reporting and compelling storytelling that informs public discourse and keeps readers abreast of important developments in Nigeria, Africa and beyond.

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