BUSINESS

OPAY LAUNCHES N1.2BN SCHOLARSHIP INITIATIVE AT KWARA STATE POLYTECHNIC
OPay, a prominent Nigerian fintech company, has expanded its N1.2 billion 10-year scholarship initiative to include Kwara State Polytechnic, marking a milestone in the company’s commitment to advancing education across the country.
Launched in 2018, the scholarship programme is designed to assist 400 students annually by alleviating the financial challenges they face in pursuing higher education. This year, 20 exceptional students from Kwara State Polytechnic will each receive a scholarship valued at N300,000, making the institution the first polytechnic to be included in the programme.
Dauda Gotring, the Managing Director and CEO of OPay, highlighted the company’s vision to invest in Nigeria's youth by providing educational opportunities. He explained that the scholarship is intended to ensure that financial constraints do not hinder the dreams of talented students. OPay’s goal is not only to ease the financial burden on students but also to empower a generation that will drive future innovation and progress.
The Rector of Kwara State Polytechnic, Dr. Abdul Mohammed, expressed his appreciation for the scholarship’s introduction at the institution. He noted that it would serve as a source of motivation for students to excel in their studies and beyond.
OPay’s scholarship programme is part of the company’s broader mission to make education accessible to students nationwide, irrespective of their financial or geographical backgrounds. OPay, established in 2018, has become a major player in Nigeria’s financial services sector, offering various solutions such as money transfers, bill payments, and merchant services. The company is licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation, ensuring a secure financial platform for its users.
The inclusion of Kwara State Polytechnic in OPay’s 10-year scholarship plan reaffirms the company’s dedication to empowering the next generation of leaders, innovators, and changemakers, ensuring that no student’s potential is limited by financial constraints.
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