You are here: HomeBusiness2023 09 22Article 694181

Business News of Friday, 22 September 2023

Source: www.legit.ng

'N164,500m for undergraduates' - Sanwo-Olu approves N375m bursary for Lagos indigenes

Image used to illustrate story Image used to illustrate story

Governor Babajide Sanwo-Olu has approved payment of N375,455,000 as scholarship and bursary to students of Lagos origin in varsities across the country.

Abdur-Rahman Lekki, the executive secretary of the Lagos State Scholarship Board (LSSB), disclosed this at a stakeholders' meeting.

Lekki said the gesture demonstrated the commitment of the government to developing education in the state.

The fund has two categories; N164,500 million would be distributed to scholarship students at the undergraduate, and postgraduate levels.

On the other hand, N210,955 million would be disbursed to non-scholarship students.

Breakdown of the fund

Giving a breakdown of how the approved sum would be disbursed, Lekki said:

“N164,500 million (for 2021/2022 fresh scholarship for undergraduate, masters & PhD (Batch B), 2021/2022 subsequent scholarship for undergraduate & PhD, and 2022/2023 subsequent scholarship for undergraduate & PhD recipients, as well as the 2022/2023 Governor’s Discretionary Awards)

He added: N210,955 million (for 2021/2022 fresh bursary for undergraduates and Law School (Batch B), 2021/2022 subsequent bursary for undergraduates, and 2022/2023 subsequent bursary for undergraduates.”

Lekki said recipients would get the funds as soon as the required administrative procedures were completed.

He announced that the academic and indigenship verification procedures would start once the applications for the new scholarship and bursary award for 2022–2023 had been submitted.

He advised the applicants to regularly check their emails for new messages.

Lekki added that the Board would soon be introducing new categories of financial aid for the underprivileged, vulnerable, and people with impairments.

How to Apply as FG Opens Portal for Special Bursary for Education Students Worth N75,000 Per Semester

Legit.ng earlier reported that the Ministry of Education has opened applications for programme to give bursary to students undergoing degree programmes in Education in public tertiary institutions the country.

Former minister of education, Adamu Adamu, said the bursary programme was in line with ex-President Muhammadu Buhari’s commitment to reform the Education sector.