University of Maiduguri joins beneficiaries of OPay’s ₦1.2bn ten year scholarship programme

2 months ago 27

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OPay Digital Services has signed a Memorandum of Understanding (MoU) with the University of Maiduguri (UNIMAID) arsenic portion of its ₦1.2 billion, 10-year nationwide assistance initiative. As portion of the partnership, the institution presented a ₦60 cardinal cheque to supply yearly fiscal assistance to selected students, portion besides creating opportunities for broader collaboration successful innovation, cybersecurity, and younker empowerment.

In his remark, the Vice Chancellor of the University of Maiduguri, Professor Mohammed Laminu Mele, represented by the Provost of Postgraduate Studies, Professor Yakubu Mukhtar, applauded the inaugural and described it arsenic a milestone for the institution.

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“We are delighted to invited OPay to the University of Maiduguri for this historical occasion. Opay is nary doubt, 1 of the astir important integer fiscal institutions successful the country, and it is so gratifying to witnesser a socially liable organisations similar Opay successful the aboriginal of our students and demonstrating genuine committedness to acquisition development,” helium said.

He besides stressed the value of the collaboration successful airy of UNIMAID’s size and influence. “Believe me, UNIMAID is 1 of the largest tertiary institutions successful this state successful presumption of the fig of students arsenic good arsenic staff. So, you person a batch of clients and customers who patronize OPay”, helium added.

Speaking connected behalf of OPay, Itoro Udo, Head of CSR, provided discourse connected the initiative, describing it arsenic a semipermanent concern successful acquisition and younker empowerment.

“The OPay 10-year assistance inaugural was started past twelvemonth arsenic portion of our mandate to springiness backmost to the communities wherever we bash business. We spot acquisition arsenic a stronghold and instauration successful Nigeria, and we privation to enactment students successful bridging the spread near by the withdrawal of national subsidies successful the sector,” He said.

Mr Udo explained that the programme volition grant ₦300,000 annually to 20 students successful each of 20 selected tertiary institutions, representing ₦6 cardinal per instauration per twelvemonth and a full concern of ₦1.2 cardinal implicit the adjacent decade.

“While the assistance strategy is significant, the assistance is lone an introduction point, and a gateway into different initiatives we question to collaborate connected with the institution,” helium emphasised.

Beyond scholarships, the CSR Head said OPay is prioritizing innovation and cybersecurity to assistance universities hole students for the integer future.

“Because we are a integer slope and cybersecurity is the backbone of what we do, we besides privation to empower higher institutions to physique reliable and beardown cybersecurity departments that will, successful the agelong run, springiness commencement to different fintechs that volition proceed to marque the state proud,” helium explained.

He added that successful October this year, OPay volition contiguous its archetypal CSR Annual Report, bringing spouse institutions unneurotic successful Lagos to formally unveil the Cybersecurity Lab Project, noting that the institution has besides begun piloting a Graduate Employment Scheme astatine the University of Ibadan and Obafemi Awolowo University Ife, with plans to grow to much institutions.

“Like I said, the assistance is conscionable the introduction point. There are different things that we volition support introducing to guarantee our spouse institutions and their students proceed to payment successful meaningful ways,” Mr Udo concluded.

The item of the lawsuit was the presumption of a ₦60 cardinal assistance cheque to the University of Maiduguri management, representing OPay’s contiguous concern successful the partnership

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