In line with its commitment to education and youth empowerment, Nigeria’s leading financial institution, OPay, has announced its plans to award scholarships to students of Obafemi Awolowo University (OAU), Ile-Ife, marking the institution as the third beneficiary of its N1.2 billion 10 Year scholarship scheme.
This initiative reinforces OPay’s commitment to empowering Nigeria’s youth and supporting academic excellence in tertiary institutions.
The scholarship program is designed to alleviate financial burdens for students, enabling them to focus on their studies and personal development. By reaching OAU, OPay continues its strategic plan to invest in future leaders, particularly in regions with diverse academic potential and talent.
Speaking on the initiative, Mr. Justin Zhang, OPay’s Chief Public Affairs Officer highlighted the importance of education in nation-building and reiterated the company’s dedication to fostering opportunities for students across the nation.
“Obafemi Awolowo University has a legacy of producing some of the nation’s brightest minds, and we are proud to support these future leaders as part of our broader commitment to education and empowerment.”
The Deputy Vice Chancellor, Admin; Professor O.M.A Daramola remarked “The university has long been committed to supporting indigenous students, but our efforts can only go so far. This generous donation from OPay marks a significant milestone, going beyond what the alumni have been able to achieve over the years. It provides a crucial safety net, ensuring that students can focus on their education rather than worrying about basic survival. This contribution will have a lasting impact, empowering students to pursue their academic goals with confidence and stability”.
According to Omoboriowo Damilola Isaac, a 600L Clinical Sciences Department student “As a student in the Department of Clinical Sciences with the highest tuition fees at OAU, receiving this scholarship will be a tremendous relief. It will significantly ease the financial burden on my family, allowing me to focus on my studies. This support ensures that I can complete my degree and pursue my academic goals with full confidence.”
The beneficiaries of this initiative are not just students; they represent the hopes of their families and communities and OPay is playing a pivotal role in ensuring their dreams are acheived. This milestone follows the successful implementation of the scholarship program in two other renowned universities last year.
While OAU is the third beneficiary, OPay has reassured Nigerians that its vision extends to other tertiary institutions nationwide. The scholarship initiative reflects OPay’s belief that education remains a powerful tool for driving progress and inclusivity.
As the program expands, students from various regions of Nigeria can look forward to benefiting from this life-changing initiative, reaffirming OPay’s dedication to unlocking multiple potentials and creating a brighter future for Nigeria’s youth.
About OPay
OPay was established in 2018 as a leading financial institution in Nigeria with the mission to make financial services more inclusive through technology. The company offers a wide range of payment services, including money transfer, bill payment, airtime & data purchase, card service, and merchant payments, among others. Renowned for its super-fast experience and reliable network, OPay is licensed by the CBN and insured by the NDIC with the same insurance coverage as commercial banks.
