Lagos State University (LASU) has joined the list of beneficiaries under OPay’s N1.2 billion 10-Year Scholarship Programme.
It followed the signing of a Memorandum of Understanding (MoU) held at the institution.
The partnership, which will see 20 LASU students receive fully funded scholarships annually, forms part of OPay’s long-term Empowering Futures initiative.
It is a Corporate Social Responsibility (CSR) agenda aimed at supporting academically excellent but financially constrained students across Nigerian tertiary institutions.
Speaking during the signing ceremony, Vice Chancellor of Lagos State University, Prof. Ibiyemi Olatunji-Bello, commended OPay for its forward-thinking commitment to education and youth development.
“Today we gather to celebrate a remarkable gesture of goodwill and corporate social responsibility from OPay Digital Services Limited,” she said.
“This generous act underscores OPay’s commitment to fostering academic excellence and supporting the dreams of young Nigerians.
“The scholarship will undoubtedly alleviate financial burdens and motivate our students to strive for excellence.”
She added that the partnership symbolises a shared vision between OPay and LASU to empower young Nigerians through education and innovation.
“As one of Nigeria’s leading educational institution, Lagos State University remains committed to providing quality education and holistic development opportunities for our students.
“We appreciate OPay’s trust in our institution and look forward to a fruitful collaboration,” she concluded.
Registrar of the University, Mr. Emmanuel Abiodun Fanu, appreciated OPay for extending the scholarship to LASU students, noting that the initiative would have a lasting impact on their lives and academic journeys.