Tinubu holds meeting with Jim Ovia and NELFUND chief Sawyerr
President Bola Tinubu met with Jim Ovia, founder of Zenith Bank, and Dr Akintunde Sawyerr, Managing Director/CEO of the Nigerian Education Loan Fund, at the State House in Abuja. The purpose of the meeting was not immediately disclosed. Jim Ovia and Dr Sawyerr both hold key roles in the recently established student loan scheme. The meeting comes amid ongoing efforts to expand access to higher education funding in Nigeria.
What we know
- Jim Ovia arrived at the State House with Dr Akintunde Sawyerr at about 5:15 pm on Tuesday.
- Ovia has chaired the NELFUND Board since his appointment by Tinubu on April 26, 2024.
- The Access to Higher Education Act (Repeal and Re-Enactment) Act was signed into law by Tinubu, establishing the interest-free student loan scheme.
- Sawyerr was appointed as the pioneer MD and CEO of NELFUND on April 5, 2024.
- NELFUND reports disbursing over N303bn to more than 1.64 million students across over 300 higher institutions nationwide.
