"N164,500m For Undergraduates", Sanwo-Olu Approves N375m Bursary For Lagos Indigenes

"N164,500m For Undergraduates", Sanwo-Olu Approves N375m Bursary For Lagos Indigenes

  • The governor of Lagos State has approved a bursary budget for students in universities
  • The fund will be received by both scholarship and non-scholarship students
  • Academic and indigene-ship verification will be required to claim the funds

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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.

Nigerian students
N164,500 million will be distributed to scholarship students at undergraduate, and postgraduate levels while N210,955 million will be disbursed to non-scholarship students. Photo Credit: Tech Cabal
Source: UGC

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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.

Read also

Gov Sanwo-Olu approves over N375m for indigenes in tertiary institutions nationwide

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.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng

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