The Oyo State Government has budgeted the sum of N834,500,000 in the proposed 2021 budget, for bursary awards, financial assistance to outstanding students and local and foreign scholarships for students of Oyo State origin.
This was disclosed in a statement on Thursday December 10, 2020, by Mr. Taiwo Adisa, the Chief Press Secretary to Governor Makinde.
According to the state’s Commissioner for Education, Science and Technology, Barr. Olasunkanmi Olaleye, the government has begun the payment of N500,000 bursary to each of the 233 indigenes of the state in the Nigerian Law School for the 2020/2021 Session.
The statement maintained that the beneficiaries have started receiving the payment directly in their respective bank accounts.
The commissioner stated that Governor Makinde’s administration is ready to address the issue of bursary awards and scholarship to Oyo State students in tertiary institutions
Olaleye stressed that the state, through its scholarship board, has earmarked the sum of N834 Million for that purpose in the 2021 Appropriation Bill, which is before the Oyo State House of Assembly.
He explained that the budget proposal is intended to take care of bursary awards to final year students in universities and polytechnics, final year clinical students, aviation and maritime students and Oyo State students in the law school.
The commissioner added that the state has also made provision in the proposed budget for scholarships for Masters and Ph.D. students in Nigerian universities and financial assistance to students with outstanding performances, special requests from physically challenged students and overseas scholarship.
He said, “As part of Governor Makinde’s determination to address the issue of bursary and scholarship to Oyo State students, the government has appointed a former Speaker of the Oyo State House of Assembly, Rt. Hon. Maroof Atilola, to head the state’s scholarship board.
The commissioner stated that the state government remains committed to assisting students of the state in tertiary institutions across the country.