OPay expands access to N1.2bn scholarship scheme

OPay has expanded its scholarship programme with the signing of Memoranda of Understanding with four tertiary institutions across Nigeria.

The new partner institutions are Benue State Polytechnic, Kogi State Polytechnic, Montgomery Polytechnic, and Alex Ekwueme Federal University.

With the addition, the total number of participating institutions in the programme has increased to 24 nationwide.

The initiative is a N1.2bn, 10-year scholarship scheme designed to support academically outstanding students with financial challenges.

Under the programme, 20 students in each participating institution will receive scholarships valued at N300,000 annually.

The scholarship is aimed at covering tuition and other academic expenses for selected beneficiaries.

The company said the initiative is part of its corporate social responsibility programme focused on education support.

The agreements were signed as part of efforts to expand access to higher education across Nigeria