Nigeria’s leading financial services company, OPay, has unveiled a ten-year scholarship initiative worth N1.2 billion for students at the Federal University of Technology, Minna (FUTMINNA) in Niger State. The announcement reinforces the company’s commitment to education and youth empowerment across the country.
The scholarship programme, according to OPay, is designed to ease the financial burden on talented students and enable them to concentrate fully on their academic pursuits. The initiative is part of the company’s broader strategy to invest in the development of young Nigerians and contribute to national growth through education.
“The scholarship initiative, which aims to alleviate the financial burden on talented students, enables recipients to fully focus on their academic pursuits,” the company noted in a statement. “By offering support where it’s most needed, OPay continues to invest in the future of Nigeria, fostering growth and opportunity for young scholars across the country.”
The partnership was formalised through the signing of a Memorandum of Understanding with FUTMINNA. At the signing event, a beneficiary of the scholarship shared how the support had become a turning point in his academic journey. “I am grateful to OPay for this initiative because it has helped me stay focused,” he said. “When I first gained admission into a higher institution, I couldn’t afford my tuition and had to drop out to work and raise funds. Even now, I face the same challenge. This scholarship is a lifeline, and I truly appreciate OPay for this incredible gesture.”
OPay’s Managing Director, Dauda Gotring, restated the company’s commitment to supporting education as a cornerstone of national development. “At OPay, we recognise the importance of education in nation-building,” he said. “We are proud to support these students on their journey toward achieving greatness. This is part of our broader commitment to empowering Nigeria’s youth.”
The FUTMINNA partnership is the latest in a series of educational interventions by OPay, which has already provided similar support to students in other universities across Nigeria. With this initiative, the company continues to position itself not only as a leader in financial technology but also as a major stakeholder in building the country’s human capital.