Lagos Approves N380m for Bursary, Scholarship.
The Lagos State Governor, Akinwunmi Ambode, has approved the release of ₦380 million for payment of bursary and local scholarship to Lagos indigenes in tertiary institutions across the country.
This was disclosed by the Special Adviser to the Governor on Education, Mr. Obafela Bank-Olemoh, who said that the beneficiaries would be fresh applicants and others receiving subsequent payment.
Bank-Olemoh listed the beneficiaries to include 2015/2016 set and other sets receiving second and third payments for years 2013/2014 and 2014/2015.
He said that the state government was committed to sustaining the scholarship and bursary scheme in spite of the economic situation of the country.
Giving a breakdown of the payment, the Executive Secretary of Lagos State Scholarship Board, Mr. Steven Oshinowo, said that the State Government would disburse the sum of ₦250, 523, 287.99 to 6,368 beneficiaries as bursary award.
Oshinowo also said that ₦130, 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.
According to him, these sums will accommodate the backlog of outstanding bursary and scholarship payments, as well as current awards for fresh and subsequent beneficiaries. (NAN)