OPay has announced the inclusion of the University of Calabar in its ₦1.2 billion scholarship program, set to support 400 students over the next decade.
Scholarship for University of Calabar Students
According to the signed Memorandum of Understanding, 20 outstanding students from the University of Calabar will each receive ₦300,000 annually, totaling ₦6 million this year. The initiative aims to support higher education in Nigeria amid financial difficulties.
Response from University Leadership
At the event, the Vice-Chancellor, Prof Florence Obi, praised the initiative, emphasizing that the scholarship program would help students focus on their studies and avoid dropping out. She remarked: "OPay’s generosity is deeply appreciated. This scholarship program is a very welcome initiative."
OPay's Plans for Program Expansion
OPay continues to strategically invest in Nigeria’s future leaders by strengthening ties with educational institutions. The company plans to deepen engagements with universities, providing students with opportunities for internships and job placements.
OPay's scholarship program serves as a crucial measure in supporting students, allowing them to focus on academics while contributing to societal development.
