Founder of Zenith Bank Plc and Chairman of the Nigeria Education Loan Fund (NELFUND) Board, Jim Ovia, has commended President Bola Tinubu for establishing the student loan scheme, saying it has enabled thousands of Nigerian undergraduates to access higher education.

Speaking during an exclusive interview with Channels Television, Ovia described NELFUND as a transformative initiative that is expanding access to tertiary education for students who might otherwise have been unable to attend university.

According to him, the programme has recorded significant success since its introduction and continues to benefit institutions and students across the country.

“Yes, NELFUND definitely is addressing (access to education), and we are glad that Bola Tinubu has introduced that by setting up NELFUND — Nigeria Education Loan Fund — and it’s a very encouraging initiative,” he said.

Ovia, who chairs the NELFUND Board, noted that many universities are already benefiting from the scheme.