Gov. Ambode has approved the payment of bursary and local scholarship to students in tertiary institutions across the country.
Special Adviser to the Governor on Education, Mr. Obafela Bank-Olemoh, made the announcement today. He said the bursary would be for fresh beneficiaries and others receiving subsequent payment.
The beneficiaries include 2015/2016 set and other sets receiving second and third payments for the years 2013/2014 and 2014/2015.
Bank-Olemoh said the Governor is committed to ensuring Lagosians are empowered through education to contribute productively to the local and global economies.
Gov. Ambode To Disburse N380m To Students
Executive Secretary of Lagos State Scholarship Board, Mr. Steven Oshinowo has given the a breakdown for the payments. He explained that N250,523,287 will be given to 6,368 beneficiaries as Bursary Award.
He also disclosed that N130,166,386 in local scholarships will be disbursed to 573 students. These will be successful candidates who took part in the 2015/2016 Local Scholarship Computer Based Screening test.
These will clear the backlog of outstanding bursary and scholarship payments. It will also be used for current awards for fresh and subsequent beneficiaries.
The Executive Secretary urged the beneficiaries to exercise patience as disbursement of the funds will commence in three weeks. Beneficiaries would be invited to present relevant documentation to receive their bursary or scholarship awards.
689 bursary beneficiaries of 2011/2012 set were paid earlier this year. Also, 60 students from the School of the Blind and 54 others on Sport Scholarship were paid.
The state government also paid N660m to over 8,567 indigent beneficiaries for bursary, local and foreign Scholarships last year.