The Federal Government and the Aliko Dangote Foundation have launched a N100 billion annual education scholarship fund to expand access to learning for Nigerian students nationwide.
The fund was unveiled in Lagos at an event attended by Vice President Kashim Shettima, marking one of the largest private–public investments in Nigerian education.
According to the government, the initiative is designed to support learners at all levels and reduce financial barriers that have kept millions out of school.
Vice President Shettima praised the Dangote Foundation’s intervention, saying the partnership will widen opportunities for young Nigerians and strengthen the country’s human capital base.
Aliko Dangote noted that the yearly N100 billion allocation reflects the Foundation’s commitment to ensuring no talented student is denied education due to a lack of resources.
Part of a $700m Decade-Long Commitment
At the 2025 Doha Forum, Dangote pledged $700 million toward Nigerian education over the next decade.
The programme is expected to support over 155,000 secondary and university students, reduce the number of out-of-school children, and boost skills that improve household incomes.
Dangote also revealed that over 50,000 Nigerians have already been trained through the Dangote Petrochemical project to support its expanding operations.
Broader Context
Dangote, Africa’s richest man with a net worth of $30.2 billion, is expanding his industrial footprint, including a plan to double the capacity of his $20 billion Lagos refinery to 1.4 million barrels per day, positioning it to become the world’s largest.
