Lagos State College (LASU) has formally joined the record of beneficiaries below OPay’s ₦1.2 billion 10-Yr Scholarship Programme, following the signing of a Memorandum of Understanding (MoU) held on the establishment on Monday.
The partnership, which is able to see 20 LASU college students obtain absolutely funded scholarships yearly, kinds a part of OPay’s long-term Empowering Futures initiative — a Company Social Accountability (CSR) agenda geared toward supporting academically glorious however financially constrained college students throughout Nigerian tertiary establishments.
Talking throughout the signing ceremony, Vice Chancellor of Lagos State College, Professor Ibiyemi Olatunji-Bello, recommended OPay for its forward-thinking dedication to training and youth improvement.
“At present we collect to rejoice a exceptional gesture of goodwill and company social duty from OPay Digital Companies Restricted,” she mentioned. “This beneficiant act underscores OPay’s dedication to fostering tutorial excellence and supporting the desires of younger Nigerians. The scholarship will undoubtedly alleviate monetary burdens and encourage our college students to attempt for excellence.”
She added that the partnership symbolises a shared imaginative and prescient between OPay and LASU to empower younger Nigerians by training and innovation.
“As Nigeria’s main instructional establishment, Lagos State College stays dedicated to offering high quality training and holistic improvement alternatives for our college students. We recognize OPay’s belief in our establishment and look ahead to a fruitful collaboration,” she concluded.
Additionally talking, Registrar of the College, Mr Emmanuel Abiodun Fanu, appreciated OPay for extending the scholarship to LASU college students, noting that the initiative would have a long-lasting influence on their lives and tutorial journeys.
“We thank OPay for this scholarship alternative. Chances are you’ll not instantly know the influence this gesture can have, however it can rework lives and encourage these college students to turn out to be invaluable contributors to society,” he said.
Representing OPay on the occasion, Chief Working Officer, Elizabeth Wang, reaffirmed the corporate’s dedication to empowering the subsequent technology by sustainable investments in training.
“Since our institution in Nigeria in 2018, our mission has been to make monetary providers extra inclusive by expertise. Past this, we consider training is the muse of each society — and college students symbolize the long run,” she defined. “That’s why OPay is dedicated to sponsoring 20 college students of this college yearly for the subsequent 10 years to assist them pursue their desires extra simply.”
Ms Wang added that OPay plans to open Cyberlabs and graduate employment alternatives for college students inside its rising workforce of over 5,000 staff, additional deepening its funding in youth improvement.
The ₦1.2 billion OPay 10-Yr Scholarship Programme displays the corporate’s long-term imaginative and prescient to nurture younger expertise, drive instructional development, and contribute meaningfully to Nigeria’s socio-economic improvement by constant CSR efforts.
About OPay
OPay was established in 2018 as a number one monetary establishment in Nigeria with the mission to make monetary providers extra inclusive by expertise. The corporate affords a variety of cost providers, together with cash switch, invoice cost, card service, airtime and information buy, and service provider funds, amongst others. Famend for its quick and dependable community and robust safety features that defend buyer’s funds, OPay is licensed by the CBN and insured by the NDIC with the identical insurance coverage protection as business banks.
