Governor Babajide Sanwo-Olu has given the green light for the disbursement of N375,455,000 in bursaries to students from Lagos State pursuing their higher education across the nation. Abdur-Rahman Lekki, the Executive Secretary of the Lagos State Scholarship Board (LSSB), revealed this significant development during a stakeholder meeting, reaffirming the government’s unwavering commitment to advancing education in the state.
The approved fund is designated for two categories of students: N164,500 million will be allocated to scholarship students at the undergraduate and postgraduate levels, while N210,955 million will be distributed to non-scholarship students.
Breaking down the allocation of funds, Lekki provided a detailed breakdown of how the approved sum would be disbursed:
N164,500 million will cover scholarships for the 2021/2022 fresh scholarship for undergraduate, masters & PhD (Batch B), 2021/2022 subsequent scholarship for undergraduate & PhD, and the 2022/2023 subsequent scholarship for undergraduate & PhD recipients, in addition to the 2022/2023 Governor’s Discretionary Awards.
N210,955 million has been earmarked for the **2021/2022 fresh bursary for undergraduates and Law School (Batch B), the 2021/2022 subsequent bursary for undergraduates, and the 2022/2023 subsequent bursary for undergraduates.
Lekki assured recipients that they could expect a timely disbursement once all the requisite administrative procedures had been completed. He also revealed that the academic and indigenship verification processes would commence upon the submission of applications for the new scholarship and bursary awards for the 2022–2023 academic year. In an effort to keep students informed, he encouraged them to regularly check their email accounts for updates.
Moreover, the Lagos State Scholarship Board has plans to introduce new categories of financial aid tailored for the underprivileged, vulnerable individuals, and those with impairments. This initiative underscores the government’s commitment to fostering inclusive and equitable access to education for all.