By Ayomide Otitoju
Leading Nigerian fintech firm, OPay, has extended its flagship ₦1.2 billion 10-Year Scholarship Programme to Kwara State Polytechnic, becoming the first polytechnic to benefit from the company’s nationwide educational support initiative.
In a statement released on Wednesday, OPay confirmed that 20 outstanding students from the institution will each receive scholarships worth ₦300,000, underscoring the company’s long-term commitment to reducing the financial burden on students and promoting academic excellence.
The scholarship expansion is part of OPay’s broader goal to support 400 students annually across Nigeria’s tertiary institutions over a 10-year period. The initiative aims to empower a new generation of leaders by giving them access to quality education without financial constraints.
Speaking on the development, the Managing Director and Chief Executive Officer of OPay, Dauda Gotring, reaffirmed the company’s dedication to youth development through strategic educational investments.
“Our scholarship support is to ensure that the dreams of talented scholars do not die,” Gotring said. “Through this 10-year scholarship programme, we’re not just easing the financial stress of today’s students, we are empowering a generation that will drive innovation and progress.”
Gotring added that the inclusion of Kwara State Polytechnic reflects the company’s resolve to reach students in both universities and polytechnics, regardless of geographical or socio-economic barriers.
Reacting to the development, the Rector of Kwara State Polytechnic, Dr. Abdul Mohammed, expressed appreciation for the initiative, describing it as a life-changing opportunity for many students.
“We thank OPay for bringing the scholarship to Kwara State Polytechnic. This will have a huge impact on the students being awarded, giving them the motivation to excel in their academics and beyond,” he stated.
Since its establishment in 2018, OPay has grown to become a major player in Nigeria’s financial services sector, offering solutions ranging from money transfers and bill payments to merchant services. Licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation (NDIC), the firm continues to champion financial inclusion while contributing meaningfully to educational development.
OPay’s scholarship initiative is set to grow in the coming years, with plans to reach more institutions and support an increasingly diverse group of students. The company says it remains committed to building a future where no student’s ambition is hindered by financial challenges.
