Lagos Spends N95million on Student Bursary

The Lagos State Government on Wednesday disbursed about N95 million as bursary awards to 1, 245 indigent students of Lagos State University (LASU), the Nigerian Law School and the Maritime Academy of Nigeria. 

NAN reported that the bursary awards for each of the LASU students (2011/2012 set) was between N50,000 and N80,000.

According to DAILY POST, the State Deputy Governor, Mrs Adejoke Orelope-Adefulire, made the presentation of bursary ATM Verve cards to the recipients at Government Secondary School, Iyana-Ipaja.

Of the 1,245 recipients, 1,084 were students of LASU, while 21 were in the Maritime Academy of Nigeria and 140 in the Law School.

She said that Gov. Babatunde Fashola also approved N200,000 bursary for each of the Law School and Maritime Academy students.

“As a government, we have recognised education as an effective panacea to rid our society of ignorance, backwardness and under-development.

“We see education as the basis upon which our policies can be accomplished.; it is critical to the attainment of the central policy thrust of our administration, which is
wealth creation and sustainable economic growth.

“Our government is committed to the improvement in the quality of education and reduction of students’ financial burden to the barest minimum,’’ she said.

She added:”We will give local scholarship award of N200,000 to undergraduates, N300,000 for Master’s degree and N400,000 for Doctorate, who are indigenes in all the tertiary institutions across the country.

“Today’s event is to show our youths that we love them and that we want them to succeed because they own our future.”

“In our highly competitive contemporary world, no society can afford to treat education with levity.

“We have sustained regular and timely payment of bursary and scholarship awards to
indigenes of the state.

“Without qualitative and affordable education for our youths, we can neither achieve the
Millennium Development Goals nor our target of ranking among the top 20 economies in the world by 2020.”

Otuba Fatai Olukoga, the Special Adviser to the Governor on Education, announced that the result of the 2013 local scholarship examination was out and that 390 candidates, made up of undergraduate and post graduate students, would be given awards.

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