Lagos State Governor, Mr. Akinwunmi Ambode has approved the payment of bursary and local scholarship to Lagos State indigenes in tertiary institutions across the country.
According to the special adviser to the governor on education, Mr. Obafela Bank-Olemoh, the bursary would be for both old and fresh beneficiaries.
Bank-Olemoh listed the beneficiaries to include 2015/2016 set and other sets receiving second and third payments for the years 2013/2014 and 2014/2015.
He stressed the commitment of the state government to sustain the scholarship and bursary scheme in spite of the economic situation of the country, noting that the present administration is committed to ensuring Lagosians are empowered through education to contribute productively to the local and global economies.
The Executive Secretary of Lagos State Scholarship Board, Mr. Steven Oshinowo, explained that the state government would disburse Two Hundred and Fifty Million, Five Hundred and Twenty-Three Thousand, Two Hundred and Eighty-Seven Naira and Ninety-Nine kobo (N250, 523, 287.99) to Six Thousand, Three Hundred and Sixty (6,368) beneficiaries as Bursary Award.
Oshinwo also disclosed that One Hundred and Thirty Million, One Hundred and Sixty-six Thousand, Three Hundred and Eighty-six Naira Fifty-six kobo (N130, 166, 386.56) in Local Scholarships will be disbursed to Five Hundred and Seventy-three (573) successful candidates who took part in the 2015/2016 Local Scholarship Computer Based Screening test.
According to him, these sums of money would accommodate the backlog of outstanding bursary and scholarship payments, as well as current awards for fresh and subsequent beneficiaries.
He urged the beneficiaries to exercise patience as disbursement of the funds will commence in three weeks, at which time beneficiaries would be invited to present relevant documentation to receive their bursary or scholarship awards.