The Chairman of Dangote Group, ALIKO DANGOTE has launched a #100 billion annual education support initiative for Nigerian students.
Dangote, at the launch of the national scholarship scheme in Lagos on Thursday, said” too many brilliant students in Nigeria are pushed out of school because they lacked financial support.”
He however described education as the “strongest engine of social mobility” and the clearest path to national development.
” The scholarship programme, funded by the Aliko Dangote Foundation, would cost over N1 trillion over the next ten years, beginning in 2026.” Dangote declared
“We cannot allow financial hardship to silence the dreams of our young people, not when the future of our nation depends on their skills, resilience and leadership,” he said.
Dangote said the initiative is expected to support 45,000 new scholars each year, expanding to 155,000 beneficiaries annually by its fourth year, and maintaining that level for the rest of the decade.