The head of the Dangote Group through his foundation, Aliko Dangote Foundation, has launched an annual N100 billion education support program for children in Nigeria.
The businessman claimed that too many talented Nigerian students are forced out of school due to a lack of funding during the national scholarship program’s debut in Lagos on Thursday.
Dangote described education as the “strongest engine of social mobility” and the clearest path to national development.
He stated that the Aliko Dangote Foundation-funded scholarship program would cost more than N1 trillion over the course of the following ten years, starting in 2026.
“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.
According to Dangote, the program is anticipated to assist 45,000 new scholars annually, growing to 155,000 beneficiaries by the fourth year and continuing at that level for the next ten years.
He pointed out that 1,325,000 children would have benefited from the program by 2036.
The Aliko Dangote STEM Scholars program, which will assist 30,000 undergraduate students in science, technology, engineering, and mathematics at public universities and polytechnics nationwide each year, is one of the Aliko Dangote Foundation’s initiative’s main focusses.
According to Dangote, each recipient would get tuition assistance that is in line with the costs of their program and school.
“STEM drives development. If Nigeria must compete globally, our young minds must have the tools to learn, imagine and innovate,” he said.
The initiative, the entrepreneur noted, will expand higher education access and keep financially vulnerable Nigerian students in school.
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