OPay, one of Nigeria’s leading financial technology companies, has extended its N1.2 billion 10-year scholarship programme to Benue State University, making it the seventh institution to benefit from the nationwide educational support initiative.

The extension of this scholarship aligns with OPay’s broader mission to empower Nigerian youth and promote academic excellence across higher institutions in the country.

Dauda Gotring, Managing Director and Chief Executive Officer of OPay, emphasized that the scholarship programme was established to ease the financial burden on students and support their academic and personal growth.

“We are proud to support the future leaders at Benue State University as part of our commitment to education and empowerment. Education is a cornerstone of national development, and through this scholarship, we aim to help young Nigerians unlock their full potential,” he stated.

The scheme is designed to offer financial assistance to students, enabling them to concentrate on their studies without the added pressure of tuition fees and related expenses. It specifically targets talented but financially constrained students across various academic disciplines.

Speaking on the development, the Vice Chancellor (Administration) of Benue State University, Professor Tor Iorapuu, described the initiative as a significant step forward in the university’s mission to ensure inclusive and accessible education.

“This generous support from OPay represents a pivotal moment. It offers a crucial safety net for our students, allowing them to focus fully on their academic pursuits. Its impact will be long-lasting, empowering students to strive confidently towards their goals,” Iorapuu said.

OPay revealed that the scholarship programme has already been successfully launched in six other universities this year and reaffirmed its intention to reach more institutions in the near future. The initiative is a core component of the company’s corporate social responsibility strategy, reflecting its belief in education as a catalyst for sustainable development and societal advancement.

The company added that the scholarship not only benefits individual recipients but also symbolizes hope for their families and communities. Through this initiative, OPay aims to contribute meaningfully to building a brighter future for Nigeria’s youth.

As the programme continues to grow, OPay assured that students from diverse regions across the country will have the opportunity to benefit from future phases of the initiative.