Zaria (Kaduna State) –
Opay Digital Company, a mobile money subscriber firm, has disbursed N12 million scholarship to 40 indigent students of Ahmadu Bello University (ABU), Zaria.
Malam Auwalu Umar, Director, Public Affairs Directorate of the university, who made this known in a statement issued in Zaria on Friday, said each of the 40 students received N300,000.
He said the scholarship disbursement took place at the university after signing a Memorandum of Understanding (MoU) between ABU and the company.
Umar quoted the Managing Director of Opay Digital Company, Mr Dauda Gotring, as saying that the grant was part of the company’s corporate social responsibility.
Gotring, who is an alumnus of the university, stated that Opay has a special bond with ABU, hence its decision to pick 40 students from the institution.
He added that beside the 40 beneficiaries from ABU, an additional 20 beneficiaries were picked from other institutions.
According to the managing director, Opay is a brand well accepted and rooted in Nigeria, stressing that the company is stronger than all digital financial companies put together.
Gotring said: “Our target is for small end users and to promote financial inclusion as part of the digital policy of the Central Bank of Nigeria (CBN).