OPay Launches ₦60 Million Scholarship Program for BUK Students
Summary
OPay launches ₦60 million scholarship for BUK students, awarding ₦300,000 annually to 20 students over a 10-year period.
OPay Launches ₦60 Million Scholarship Program for BUK Students
OPay Digital Services Limited has launched a major scholarship initiative benefiting students of Bayero University Kano (BUK). The program was officially announced on September 9, 2025, with a Memorandum of Understanding signed by BUK's Vice-Chancellor, Professor Haruna Musa.
Scholarship Details
Total Investment: ₦60 million
Award per Student: ₦300,000 annually
Number of Beneficiaries: 20 students selected each year
Program Duration: 10-year commitment
Program Scope
The scholarship initiative extends beyond BUK, with 20 universities participating in the program nationwide. This represents a significant investment in Nigerian higher education by the fintech company.
Partnership Stakeholders
The program involves multiple stakeholders including:
- OPay Digital Services Limited
- Bayero University Kano
- Students' Union Government (SUG) led by President Abdullahi Usman Baba
- National Association of Nigerian Students (NANS)
Leadership Perspectives
Vice-Chancellor Professor Haruna Musa stated that the initiative will go a long way in boosting student morale, urging beneficiaries to use the opportunity wisely. OPay's Corporate Social Responsibility Manager, Itoro Udo, emphasized the company's commitment to youth empowerment through education, noting OPay serves over 16 million active Nigerian users.
Dean of Students' Affairs Professor Shamsuddeen Umar described the intervention as timely and highly impactful, addressing serious financial challenges many students face during their academic pursuits.
