Kakalistiq.com reports that Governor Mr. Babajide Olusola Sanwo-Olu has greenlit the disbursement of a substantial N375,455,000 (Three Hundred and Seventy-Five Million, Four Hundred and Fifty-Five Thousand Naira) to financially empower Lagos indigenes embarking on tertiary education journeys nationwide.
During a pivotal meeting with key stakeholders, Abdur-Rahman Lekki, the Executive Secretary of the Lagos State Scholarship Board, revealed this groundbreaking development aimed at alleviating the financial challenges faced by Lagosians striving for higher education.
Mr. Lekki underscored Governor Sanwo-Olu’s unwavering vision of making education accessible, affordable, and sustainable within Lagos State. This vision is exemplified through the timely disbursement of these funds, reflecting the government’s profound concern for the youth’s educational pursuits, even amidst economic challenges.
Breaking down the allocations, Abdur-Rahman Lekki detailed that N164,500,000.00 (One Hundred and Sixty-Four Million, Five Hundred and Thousand Naira) has been designated 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.
Additionally, 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.
Mr. Lekki assured beneficiaries that funds would be disbursed promptly as soon as necessary administrative processes concluded. He added that in a bid to align with Governor Sanwo-Olu’s T.H.E.M.E.S+ Agenda, the Lagos State Scholarship Board is set to introduce Special Categories of Scholarships, particularly focusing on the Poor and Vulnerable, as well as People Living With Disabilities. This underscores an intensified emphasis on Social Inclusion, Gender Equality, and Youth over the coming four years.
Lekki proudly emphasized that the Lagos State government has a longstanding tradition of subsidizing education within the state, using bursaries and scholarships to assist both indigenes and residents in achieving their educational dreams. This tradition traces back to 1968 when the Board was first established.
Through this development, the Lagos State Scholarship Board has reaffirmed its commitment to administering bursary and scholarship awards effectively, striving to make higher education accessible to all Lagosians.