STAY UPDATED ON NEWS AROUND THE EDUCATIONAL COMMUNITY, CLICK THE ICON BELOW TO JOIN OUR VERIFIED WHATSAPP CHANNEL
OPay Partners University Of Ibadan On 10-Year Scholarship Initiative
OPay, a leading financial institution in Nigeria, has reaffirmed its commitment to advancing education by signing a landmark Memorandum of Understanding (MOU) with the University of Ibadan.
This partnership will award ₦300,000 scholarships to 20 exceptional students annually over the next 10 years, reinforcing OPay’s dedication to fostering academic excellence and empowering the next generation of Nigerian leaders.
The MOU signing ceremony, held at the University of Ibadan, was attended by representatives from OPay, senior staff of the university and some beneficiaries of the scholarship. This event highlighted OPay’s commitment to supporting the education of promising young Nigerians.
Piloting with the University of Ibadan, the scholarship initiative which is an important CSR project for OPay is set to expand to Ahmadu Bello University, Nnamdi Azikiwe University, and eventually 17 other tertiary institutions nationwide.
Each year, OPay plans to sponsor 400 students across these institutions, investing ₦120 million annually. Over the next 10 years, this long-term commitment aims to contribute more than ₦1.2 billion to significantly amplify OPay’s positive social impact across Nigeria’s academic landscape.
Vice-chancellor at the University of Ibadan, Prof. Kayode Adebowale, during the ceremony, expressed his enthusiasm for the initiative, stating, “We are excited to be pioneers of this project from OPay. This beams a ray of hope to promising youths and helps them focus solely on their academics … On behalf of the University of Ibadan, I extend our heartfelt appreciation to OPay for recognizing and rewarding the exceptional talents of our students. This award not only celebrates the achievements of these 20 undergraduate students but also reflects OPay’s commitment to empowering the next generation of leaders. Your support underscores the value of investing in education and inspiring excellence, and we are deeply grateful for this impactful partnership…..”
CTO/COO at OPay, Dotun Adekunle, stated, “OPay is honored to enter a long-term partnership with the University of Ibadan to support Nigeria’s future leaders over the next 10 years. By providing sustained financial support, we aim to help these students dedicate themselves to their studies and achieve their full potential.”
SEGIO ONLINE SERVICES are keened on ensuring that students stay informed about all the latest school news. We understand the importance of timely and accurate information when it comes to academic success, and we strive to provide the best possible service to our subscribers.
Kindly click on the WhatsApp button below to get in touch.
Be the first to comment