Nigerian industrialist, Alhaji Aliko Dangote says that as part of the Dangote Group’s Vision 2030 strategy, he will be spending one billion naira every year from 2026 to complement the governments human Capital development efforts.
” The plan will support 45,000 new students every year from 2026, rising to 155,000 beneficiaries by the fourth year and remaining at that level for ten years. In total, the scheme is projected to reach 1.3 million students across all 774 local government areas,” said Dangote.
Dangote launched the N 1 trillion Education support Fund , in Lagos on Thursday, December 11,2025.
Dangote told representatives of the governments and stakeholders in the education sector that the money will be disbursed through the Aliko Dangote Foundation in the tranche of N100 billion annually .
Dangote described the initiative as a long-term investment aimed at reducing financial barriers that drive millions of young Nigerians out of school.
The initiative comprises four programmes targeted at sectors where educational exclusion is most acute.
Through the Aliko Dangote STEM Scholars, the programme will fund 30,000 undergraduate students annually in science, technology, engineering and mathematics (STEM) across Nigeria’s public universities and polytechnics. Beneficiaries will have their tuition aligned to actual institutional fees.
A total of 5,000 students in public technical and vocational institutions will receive support each year for tools, materials and essential training requirements through the Aliko Dangote Technical Scholars.
This complements the Federal Government’s recent policy providing free tuition for TVET students.
Dangote notes that “no nation can rise above the quality of education it offers its young people.”
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.
” 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.
Vice President Kashim Shettima, lauded the intervention and described it as a major boost to the Federal Government’s human capital development agenda.
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.
”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.
