Fintech firm, OPay, mentioned it has disbursed N126 million in scholarships to college students throughout 20 tertiary establishments in Nigeria as a part of its larger schooling assist programme.
The initiative, based on the agency, is the primary section of a broader ten-year plan to take a position N1.2 billion in tertiary schooling scholarships nationwide.
The corporate introduced the initiative throughout its ‘OPay CSR Empowering Futures 2025’ convention held just lately in Lagos.
In line with OPay’s Government Director and Chief Industrial Officer, Elizabeth Wang, 420 college students have benefited from the scholarship scheme to this point, with disbursements unfold throughout universities and polytechnics nationwide.
She added that OPay has fulfilled its first-year dedication and intends to proceed the programme over the subsequent 9 years.
“Previously one 12 months, we’ve disbursed N126 million, supported 420 college students, and partnered with 20 universities. We’re proud to have delivered on our first-year dedication, and we’ll proceed to maintain and broaden this initiative over the subsequent 9 years and past,” Wang mentioned.
Enlargement plans and digital studying assist
As a part of efforts to broaden the initiative, the corporate mentioned it plans to ascertain a cyber laboratory on the College of Calabar to boost digital studying.
The challenge, it famous, is designed to assist college students’ publicity to sensible expertise instruments and align with broader targets of economic inclusion via expertise.
The corporate acknowledged that its engagement with universities would come with collaborations aimed toward enhancing entry to digital schooling and fostering innovation amongst college students.
- Talking on the occasion, the Vice-Chancellor of Obafemi Awolowo University (OAU), Professor Adebayo Bamire, acknowledged the scholarship programme’s contribution to easing monetary strain on college students.
- He mentioned the initiative has supplied monetary assist and infrastructure to studying establishments, together with a N10 million grant for OAU’s award of excellence programme.
- Bamire urged OPay to discover additional collaborations with Nigerian universities, significantly in areas reminiscent of laboratory growth, incubation centres, and digital connectivity.
Beneficiary reacts
One of many scholarship recipients, Adebayo Moses, a 400-level pharmacy scholar on the University of Ibadan, mentioned the monetary assist helped enhance his educational efficiency and entry to studying instruments.
Among the 20 tertiary establishments which have acquired funding embody the University of Ibadan, College of Nigeria Nsukka, Obafemi Awolowo University, College of Abuja, Ahmadu Bello University, Lagos State University, and the Federal University of Technology, Minna.
Others are the University of Ilorin, Kwara State Polytechnic, Benue State University, College of Calabar, Olabisi Onabanjo College, College of Uyo, Federal Polytechnic Nekede, Ambrose Alli College, Federal College of Well being Sciences Azare, Nasarawa State College, College of Maiduguri, University of Jos, and Bayero College Kano.
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