OPay partners with University of Ilorin to sponsor students with scholarships for 10 years

2 months ago 22

Nigeria’s starring fintech company, OPay, has acceptable retired to sponsor University of Ilorin (Unilorin) students with scholarships for the adjacent 10 years. This is to assistance struggling students amended negociate their acquisition needs.

On April 16, 2025, a Memorandum of Understanding (MoU) was signed betwixt OPay and Unilorin and during the ceremony, OPay’s Chief Public Affairs officer, Justin Zhang and University of Ilorin’s Vice Chancellor, Professor Wahab Olasupo SAN, spoke astir the partnership.

OPay partners with University of Ilorin to sponsor students with scholarships for 10 years

UNILORIN's Registrar, Mr. Mansur Adeleke Alfanla; UNILORIN's VC, Professor Wahab Olasupo Egbewole (SAN); OPay's Chief Public Affairs Officer, Mr. Justin Zhang; and OPay's CSR Manager, Mr. Itoro Udo.

While speaking astatine the MOU signing, Mr Justin Zhang explained however OPay, which is CBN licensed and is the biggest mobile wealth relation successful Nigeria with up to 40 cardinal registered subscribers, decided to deliberation astir however they could springiness backmost to the nine seeing arsenic the bulk of their customers are young people.

For OPay’s civic societal responsibility, they decided to absorption connected acquisition aft seeing a batch of hardworking youths struggling to get an acquisition to marque their lives better. Justin said:

“In my 13 years of acquisition successful Nigeria, I met galore young radical who are precise smart, ambitious and with large passion, but they don't person capable resources and quality to grow. That's wherefore we considered doing thing for them. I cognize that immoderate students successful Nigeria, aft the archetypal twelvemonth of going to school, they spell backmost to enactment for different 2 oregon 3 years, truthful they tin marque wealth to proceed their studies. Assuming idiosyncratic attends their archetypal twelvemonth of schoolhouse astatine 21 years old, aft they negociate to get the afloat education, they are astir apt astir 27 oregon 28 years old. At this point, they tin lone get immoderate jobs with little pay. They cannot bash much than what they tin do. So, I deliberation giving scholarships to students is the close mode to go.”

Speaking further, Justin Zhang said that successful 2024, OPay started a 10-year assistance task with United Nations and European Union custodians. He continued that successful 2025, Opay is connected a ngo to springiness scholarships to 400 students by giving N300,000 each period to each student.

He said:

“Last year, we started a 10-year task for assistance with UN and EU custodians. This year, we program to springiness 400 students a scholarship. Every period we are sponsoring N300,000 per person. We privation to motion a semipermanent statement with the universities. Those 400 students volition beryllium separated into 20 universities successful Nigeria and each instauration volition motion a 10-year contract.”

OPay to donate to superior and secondary schools successful Nigeria

Mr Zhang disclosed that isolated from OPay’s assistance to universities, they besides program to marque donations to superior and secondary schools, and to empower housewives crossed assorted societies.

“We springiness them immoderate schoolhouse items similar bags, books, and immoderate different schoolhouse materials. This year, we besides started a 10-year project. We telephone it a women's empowerment project. It's a concern with the EU. "We are sponsoring the grooming of 100 housewives successful assorted societies, and past sponsoring 50 of them who execute good successful the grooming by offering sponsorship for buying immoderate materials and for helping them to commencement their business. We privation to instrumentality a agelong clip monitoring to spot however they execute and however the grooming and sponsorship alteration their lives,” helium added.

Justin Zhang concluded by saying Opay is unfastened to discussing much possibilities of however they tin assistance University of Ilorin students and the society, starring to a maturation successful the economy.

Unilorin’s Vice Chancellor, Professor Wahab Olasupo, showed appreciation for Opay’s program for students of the assemblage and helium assured them of nurturing their partnership.

The VC besides explained the enactment process of the assistance recipients and however transparency would beryllium ensured. He said:

“We person our processes and systems that we usage successful identifying who has what. And it whitethorn involvement you to cognize that successful this assemblage for much than 20 years we person created a file for scholars. Students who are the champion successful their assorted departments and I judge that by the clip OPay identifies the fig of slots that they are giving america it is not going to beryllium hard for america to place due to the fact that arsenic we speak, we person the champion student successful each faculty, we person the champion student successful each section and of ours the champion student successful each programme which is going to beryllium a batch easier.”

Prof. Olasupo spoke astir Opay’s assistance programme and however it benefits the Nigerian acquisition sector. According to him, the assistance volition alteration students to absorption connected the things that are important.

“What they are doing is portion of the expansion, creating opportunities for radical to survey with easiness and without excessively overmuch accent due to the fact that astatine the extremity of the time if you person the enactment from organizations similar OPay, sponsoring you with assistance it means you volition not beryllium reasoning astir what americium I going to eat, however americium I going to get wealth to bargain books, however americium I going to get money, get information for my phone, however americium I going to get wealth to spell to schoolhouse with nationalist proscription due to the fact that N300,000 is simply a batch of wealth and I judge that we should admit OPay and specified different organizations that are reaching retired to universities and of people arsenic they person reached retired we volition besides scope retired to you. As soon arsenic imaginable we volition besides sojourn you truthful that you volition cognize that we worth this relationship,” helium said.

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Source: Legit.ng

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