Dangote Launches N1 Trillion Scholarship Fund For Over 1.3 Million Nigerian Students

Chairman of the Aliko Dangote Foundation (ADF) and the President of Dangote Group, Aliko Dangote, has announced a ₦1 trillion scholarship programme to expand access to education and promote academic excellence across Nigeria.

Starting in 2026, the initiative will support over 1.3 million students from all 774 local government areas, with ₦100 billion committed annually for 10 years.

The programme targets Nigeria’s most vulnerable learners and is structured into three categories: Aliko Dangote STEM Scholars – 30,000 undergraduates in public universities and polytechnics will receive tuition support of up to ₦600,000 per year; Aliko Dangote Technical Scholars – 5,000 TVET trainees will get essential study materials and technical tools; MHF Dangote Secondary School Girls Scholars – 10,000 girls in public schools will receive uniforms, books, and learning supplies, prioritizing states with high out-of-school rates.

To be implemented in partnership with NELFUND, JAMB, NIMC, NUC, NBTE, WAEC, and NECO, the scheme will use a merit-based, fully digital system for selection and disbursement.

Dangote emphasized that this is a strategic investment in human capital, aimed at reducing inequality and driving national development.

The initiative aligns with government education reforms and will be overseen by a Programme Steering Committee chaired by Emir of Lafia, Justice Sidi Dauda Bage. Dangote pledged 25% of his wealth to sustain the programme, with progress reviewed under Dangote Group’s Vision 2030 strategy.

The programmes is to be implemented through strong collaboration with national institutions, including NELFUND, JAMB, NIMC, NUC, NBTE, WAEC, and NECO, ensuring transparent beneficiary selection, verification, and efficient digital disbursement.

Heads of all the agencies were present at the launch. Dangote said the intervention is aimed at Nigeria’s most vulnerable learners, noting that financial hardship, not lack of talent, is the primary reason many drop out of school.

“This is not only charity. This is a strategic investment in Nigeria’s future. Every child we keep in school strengthens our economy.

Every student we support reduces inequality. Every scholar we empower becomes a future contributor to national development,” he said.

“Our young people are not asking for handouts. They are asking for opportunities. They are asking for a chance to learn, to grow, to compete, and to succeed. And we believe they deserve that chance.”

Dangote, who said the ADF, which has historically focused on health and nutrition as core areas of human capital development, emphasized that the current economic climate has made educational support an urgent imperative.

He said, “No young person should have their future cut short because of financial hardship. We are stepping forward to ensure students stay in school and pursue their ambitions.

This initiative is more than financial aid—it is an investment in human capital, with ripple effects on economies, societies, and future generations.

When a student gets a scholarship, entire communities stand to benefit.”

He described education as “the foundation on which every prosperous society is built, calling it the most powerful equaliser and the strongest engine of social mobility.

Despite this, he warned that many talented Nigerian students continue to face financial pressures that threaten to push them out of school. Their dreams, he said, are limited not by ability but by opportunity.

“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,” Dangote said.

Noting that this concern informed the Foundation’s new Education Support Initiative, Dangote stressed that the effort is intended as a starting point rather than a standalone solution.

“A single organization cannot solve Nigeria’s education challenges alone,” he said. “Government has a role. The private sector has a role. Communities and families have a role. When we work together, we can transform education — and with it, transform Nigeria’s future.”

Addressing young Nigerians directly, Dangote said: “Your dreams matter. Your education matters. Your future matters. We believe in you.

We are investing in you. And we are committed to ensuring that you do not walk this journey alone.”

The Foundation, he said, will use a merit-based and fully digital system for verification, disbursement, and monitoring, working in partnership with NELFUND, JAMB, NIMC, NUC, NBTE, WAEC, and NECO.

Dangote said the focus will be on measurable outcomes, including retention, completion rate,s and post-school impact.

He noted that the vision behind the initiative is to give every deserving child the chance to learn — unfettered by cost, free to dream, and equipped to achieve.

To oversee implementation, a Programme Steering Committee has been constituted, chaired by His Highness Justice Sidi Dauda Bage, Emir of Lafia.

Other members include former vice-chancellors, senior education administrators, technical advisors, and representatives of the Dangote family.

Dangote also disclosed that the programme’s long-term sustainability is tied to his formal commitment to allocate 25 per cent of his wealth to the Aliko Dangote Foundation, adding that the progress on the initiative will be reviewed in 2030 as part of Dangote Group’s Vision 2030 strategy.

He commended President Bola Ahmed Tinubu’s Renewed Hope agenda in the education sector, alongside the Federal Ministry of Education, SUBEBs, and state governments, for “deliberate and steady efforts” to support learners amid economic pressures.

Vice President Kashim Shettima, who lauded Dangote for his vision in business and national development, said the new intervention demonstrates the critical role of private-sector actors in national development.

He noted that Nigeria’s demographic growth makes urgent investment in education indispensable, warning that “a population becomes a liability only when it is uneducated.”

“Alhaji Aliko Dangote, through his far-reaching philanthropy, has set in motion the single largest private-sector education support intervention in the history of this country,” Shettima said.

“What he has done here today is a lesson to each of us. This is nation-building in its purest form.”

Shettima highlighted ongoing reforms under President Bola Ahmed Tinubu’s administration, including the Nigerian Education Loan Fund (NELFUND), strengthened basic education infrastructure through UBEC, expanded TETFUND interventions, and accelerated technical and vocational programmes.

He said these reforms aim to improve Nigeria’s poor Human Capital Index ranking and prepare young people for a skills-driven global economy. Describing Dangote’s philanthropy as “structural and long-term,” Shettima said the initiative aligns strongly with the government’s priority of expanding equitable access to education.

“No nation surpasses the aspirations of its most committed patriots,” he said.

“The legacy of Alhaji Aliko Dangote reminds us that greatness is not measured by wealth but by the number of lives one lifts from the shadows into the light.”

The Vice President added that the Aliko Dangote Foundation programme will widen opportunities for thousands of learners and bolster the FG’s efforts to build a competitive workforce.

He called for stronger collaboration between the government, the private sector, and development partners to address persistent gaps in the education system.

In his presentation, Education Minister Tunji Alausa described the initiative as “pure human capital development,” saying it aligns with the Tinubu administration’s education sector renewal plan of transforming Nigeria from a resource-based economy to a knowledge-based economy and is significant because every local government area will benefit.

He said by the end of the first decade of the execution of the scholarship programme, it is estimated that over 170,000 girl children would have gone to school.

Lagos State Governor Babajide Sanwo-Olu, speaking on behalf of the 36 state governors, also commended the initiative and pledged the governors’ full support.

Chairman of the Programme Steering Committee, His Highness Justice Sidi Dauda Bage, Emir of Lafia, said the scheme is unprecedented and praised Dangote’s patriotism in reinvesting his wealth to uplift other Nigerians.

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, said Dangote’s impact in driving private-sector transformation remains unmatched, describing the new initiative as both transformational and a strategic investment in Nigeria’s future.

He recalled how ADF had come to the aid of his community during a devastating communal feud that led to the destruction of several properties.

In her virtual remark from the United States of America, United Nation deputy secretary General, Amina Mohammed, said the scholarship scheme will provide an environment for children to learn and for families to prosper.

The scholarship programme represents the most extensive private-sector scholarship commitment in Nigeria’s history and reinforces ADF’s mission to expand opportunities, drive social impact, and enhance the well-being of individuals and communities across the country.