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Sanwo-Olu Approves N375.4 Million Scholarship, Bursary Awards For Lagos Indigenes In Tertiary Institutions Nationwide

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1 year ago

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The fund is intended to alleviate the financial burdens faced by students.

The Executive Secretary of the Lagos State Scholarship Board, Abdur-Rahman Lekki, disclosed this during a recent meeting with key stakeholders in his office.

Giving a breakdown of the allocation, Lekki said N164,500,000.00 (one hundred and sixty-four million, five hundred and thousand Naira) has been earmarked for the 2021/2022 fresh scholarship award for undergraduate, masters & PhD (Batch B), 2021/2022 subsequent scholarship award for undergraduate & PhD, and 2022/2023 subsequent scholarship award for undergraduate & PhD recipients as well as the 2022/2023 governor’s discretionary awards.

Furthermore, he stated that an allocation of N210,955,000.00 (two hundred and ten million, nine hundred and fifty-five thousand Naira) has been approved for the 2021/2022 fresh bursary award for undergraduates and law school (Batch B), 2021/2022 subsequent bursary award for undergraduates, and 2022/2023 subsequent bursary award for undergraduates.

Lekki reassured beneficiaries awaiting disbursement that the release of funds will commence promptly as soon as the necessary administrative processes are concluded.

In addition, he informed that applications for the year 2022/2023 fresh scholarship and bursary awards have been successfully completed, with academic and indigene verification processes set to commence.

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