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Home Business & Education Dangote Unveils N1tn Education Fund for 1.3 Million Students

Dangote Unveils N1tn Education Fund for 1.3 Million Students

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Photo Credit:Punch Newspapers

Africa’s richest man, Aliko Dangote, has announced a N100‑billion‑per‑year education initiative that will run for 10 years and support about 1.3 million Nigerian students across all 774 local government areas. The scheme, under the Dangote Education Fund, will cover undergraduates, technical students and secondary‑school girls, with special focus on STEM and areas with high out‑of‑school rates.

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The programme includes scholarships, tools for technical trainees and large‑scale teacher‑training support, backed by a digital, merit‑based verification and disbursement system. Dangote said he is committing a significant portion of his personal wealth to the foundation, while government officials hailed the initiative as a major boost for human‑capital development.

Source: Punch Newspapers – 12 Dec 2025

2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12

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