Ten first-class students were among almost 1,000 students of Oyo State origin, who benefited from the N20 million scholarship and educational award given to students in tertiary institutions.
The scholarship, given by the Deputy Governor (Operations), Central Bank of Nigeria, Chief Adebayo Adelabu, was part of events to mark the Easter celebration.
The event tagged: “Easter celebrations with Oyo State students”, featured essay competition, debates, bursary, talent showcase and motivational talks.
It was held at Bayo Adelabu Foundation, Baale Oyewole Street, Jericho, Ibadan.
Besides 10 first-class students, who received N50,000 each, over 800 students went home with N15,000 each.
The five finalists in an essay competition, with the theme: “Achieving inclusive development in Oyo State through government policies, programmes and institutions”, were given N25,000 to N100,000.
Addressing reporters, Adelabu said the essence of the programme was to show support to Oyo State students in tertiary institutions, as one of the motives of Bayo Adelabu Foundation, which had been in existence for 10 years.
He said: “Today, we are celebrating Easter with Oyo State students from tertiary institutions. We received over 100 entries and five emerged as finalists. These are essays that show us what we need to do in Oyo State to take it to the next level.
“We gave prize money from N50,000 to N200,000 to essay winners. Also, we gave scholarship and bursary awards to about 1,000 students to achieve success in their educational career.”
Adelabu said the scheme would be an annual event, adding that the prize money will be increased.