In a move aimed at widening access to education and easing financial burdens on students, OPay has signed a set of Memoranda of Understanding with four tertiary institutions across Nigeria, further expanding access to its N1.2bn scholarship programme.
- +OPay expands access to N1.2bn scholarship scheme
The institutions include Benue State Polytechnic, Kogi State Polytechnic, Montgomery Polytechnic and Alex Ekwueme Federal University.
The institutions include Benue State Polytechnic, Kogi State Polytechnic, Montgomery Polytechnic and Alex Ekwueme Federal University. With this development, OPay’s partnership network has grown to 24 institutions nationwide, underscoring its increasing footprint in the education sector.
This was contained in a statement made available to The PUNCH on Thursday.
The agreements are part of an N1.2bn, 10-year scholarship initiative designed to support academically gifted but financially disadvantaged students. Under the scheme, 20 students in each participating institution will receive scholarships worth N300,000 annually.
Speaking during the MoU signing, OPay’s Corporate Social Responsibility Manager, Itoro Udo, emphasised the company’s long-term vision of empowering young Nigerians through education.
“Education is one of the most powerful tools for changing a life, and we believe every student deserves a fair shot at it, irrespective of their background,” she said.
Udo added that the initiative targets students who have the determination to succeed but lack the financial means.
“Through this partnership, OPay is investing in students who have the drive but need the support. We are proud to stand with them and to keep expanding this commitment across more institutions and more communities,” she stated.
