OPay disburses N126 million in scholarships, targets N1.2 billion for Nigerian college students 

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 increased training help programme.

The initiative, in accordance with the agency, is the primary part of a broader ten-year plan to take a position N1.2 billion in tertiary training scholarships nationwide.

The corporate introduced the initiative throughout its ‘OPay CSR Empowering Futures 2025’ convention held lately in Lagos.

Based on OPay’s Govt Director and Chief Business Officer, Elizabeth Wang, 420 college students have benefited from the scholarship scheme thus far, 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 following 9 years.

“Up to now one yr, 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 are going to proceed to maintain and develop this initiative over the following 9 years and past,” Wang mentioned.

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 reinforce digital studying.

The undertaking, it famous, is designed to help college students’ publicity to sensible know-how instruments and align with broader objectives of monetary inclusion by means of know-how.

The corporate acknowledged that its engagement with universities would come with collaborations aimed toward enhancing entry to digital training and fostering innovation amongst college students.

One of many scholarship recipients, Adebayo Moses, a 400-level pharmacy pupil on the University of Ibadan, mentioned the {financial} help helped enhance his educational efficiency and entry to studying instruments.

A few of 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.