The Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the payment of N375,455,000.00 for both fresh and subsequent scholarships and bursary awards.
A statement signed by the Lagos State Scholarship Board fund said it was designated to alleviate the financial burdens faced by Lagosians pursuing higher education across the country.
The Executive Secretary, Lagos State Scholarship Board, Mr Abdur-Rahman Lekki, added that Sanwo-Olu was committed to advancing education within Lagos State.
He said, “The governor’s vision is to make education accessible, affordable, and sustainable, which is evident through the timely disbursement of these funds.”
While explaining the breakdown of the allocation, Lekki revealed that N164,500,000.00 had been earmarked for the 2021/2022 Fresh Scholarship Award for Undergraduate, Masters & Ph.D. (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.
He said, “Furthermore, an allocation of N210,955,000.00 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 also said that applications for the Year 2022/2023 Fresh Scholarship and Bursary Awards were completed, saying Academic and Indigenship Verification Processes were set to commence.
It read, “Students are encouraged to regularly check their emails for updates.”
