An award of bursary and scholarship totalling N380 million has been approved for Lagos State indigenes in tertiary institutions across Nigeria.
The Special Adviser to Governor Akinwunmi Ambode on Education, Mr Obafela Bank-Olemoh announced this in a chat with journalists in Lagos.
Mr Bank-Olemoh said that the bursary would be for fresh beneficiaries and others receiving subsequent payment.
He listed the beneficiaries to include 2015/2016 set and other sets receiving second and third payments for the years 2013/2014 and 2014/2015.
According to him, Lagos State government remained committed to sustaining the scholarship and bursary scheme in spite of the economic situation of the country.
“We are committed to ensuring Lagosians are empowered through education to contribute productively to the local and global economies; the timely release of the awards demonstrates the priority the administration of Governor Akinwunmi Ambode accords to the education of the citizens,” he stressed.
Giving a breakdown of the payment, the Executive Secretary of Lagos State Scholarship Board, Mr Steven Oshinowo explained that the State government would disburse N250, 523, 287.99 to 6,368 beneficiaries as bursary awards.
He also noted that one N130, 166, 386.56 in local scholarships would be disbursed to 573 successful candidates who took part in the 2015/2016 Local Scholarship Computer Based Screening test.
These sums, according to him, will accommodate the backlog of outstanding bursary and scholarship payments, as well as current awards for fresh and subsequent beneficiaries.
Oshinowo urged the beneficiaries to exercise patience, as disbursement of the funds would commence in three weeks, at which time beneficiaries would be invited to present relevant documentation to receive their bursary or scholarship awards.
Earlier this year, over 689 bursary beneficiaries of 2011/2012 set, were paid along with 60 students from the School of the Blind and 54 others on Sport Scholarship.
In 2015, the State government also paid N660 million to over 8,567 indigent beneficiaries for bursary, local and foreign Scholarships.
Since its establishment in 1968, the Lagos State Scholarship Board has upheld the tradition of ensuring proper disbursement of bursaries and administration of scholarships to students of Lagos State origin.