During the ADF Signing of the MOU for the scholarship programme in Dangote Business School Wudil, Kano State, on Tuesday seventeenth February 2026.
Aliko Dangote Foundation (ADF), chaired by Africa’s wealthiest man, Aliko Dangote, has signed a Memorandum of Understanding (MoU) value N1.5 billion with Bayero University Kano (BUK), for post-graduate college students of the Dangote Business School positioned within the tertiary establishment.
The MoU, which was signed on the predominant auditorium of the Dangote Business School, Kano on Tuesday, offers a sum of ₦300 million yearly over 5 years as scholarship awards to all eligible MBA, entrepreneurship, and administration postgraduate college students.
Under the MoU, collectively signed by Member, Board of Trustees of the ADF, Hajiya Mariya Aliko Dangote and the Vice Chancellor of the Bayero University, Prof. Haruna Musa, every beneficiary will obtain ₦150,000 per session, starting with the 2024/25 educational session. This is equal to 50 per cent of the present N300,000 price paid by the post-graduate college students. There are 1,225 college students within the Business School (696 contemporary and 529 returning college students).
At the occasion, which was properly attended by the Faculty of the BUK, prime ADF officers, and scores of post-graduate college students, Aliko Dangote, Chairman, Aliko Dangote Foundation and Group President, Dangote Industries Limited, represented by ADF Board Trustee, Mariya Aliko Dangote, famous, “Our vision at the Foundation is to build human capital that translates into economic opportunity. Strengthening business and entrepreneurship education is critical to turning knowledge into enterprise, innovation, and jobs. This scholarship deepens our commitment to Dangote Business School by investing directly in the next generation of business leaders and change-makers.”
Prof. Haruna Musa, Vice Chancellor of Bayero University Kano, who lauded the initiative, stated, “This support comes at a critical time for many families. Beyond financial relief, it strengthens the Business School’s role as a centre for developing entrepreneurial and management talent, particularly for women who are increasingly taking leadership roles in enterprise.”
Responding on behalf of the beneficiaries, Khalid Bababubu, who’s into manufacturing and specialises in MBA, Finance and Investment, thanked the Aliko Dangote Foundation chaired by Aliko Dangote for his immense assist. “We are happy to be beneficiaries of this initiative. Education is the bedrock of national development, and we will not take this scholarship for granted.”
The initiative, titled ‘MHF Dangote Graduate Business Scholarship’ marks a strategic shift in ADF’s long-standing partnership with the Business School, transitioning from infrastructure assist to direct funding in individuals and enterprise management growth.
This programme is distinct from ADF’s just lately introduced nationwide STEM training interventions. While the STEM initiatives concentrate on science and expertise pathways at secondary and undergraduate ranges throughout Nigeria, the Dangote Business School scholarship is a postgraduate, institution-anchored funding designed to strengthen entrepreneurship, administration capability, and enterprise management.
Since the Dangote Business School advanced was commissioned in 2018, ADF has supported the ability upkeep on the college. The new scholarship represents a deliberate shift from exhausting infrastructure to gentle infrastructure, investing instantly within the individuals who will drive enterprise, job creation, and {economic} development.
The programme covers each new and returning college students. Newly admitted college students will obtain automated tuition reductions throughout registration and returning college students who’ve already paid in full will obtain rebates. The ₦300 million allocation is structured to cowl all eligible postgraduate college students based mostly on present enrolment capability.
Any unutilised stability within the first yr will probably be retained inside the Dangote Business School growth envelope to strengthen studying infrastructure and digital educational capability, guaranteeing continued enhancement of the educational atmosphere.
The mission of the Aliko Dangote Foundation is to boost alternatives for social change by means of strategic investments that enhance well being and wellbeing, promote high quality training, and broaden empowerment alternatives for people and communities.
Bayero University Kano, certainly one of Nigeria’s foremost larger training establishments, is dedicated to excellence in educating, studying, and analysis. The University’s Dangote Business School is a centre of excellence for postgraduate training in enterprise, entrepreneurship, and administration.
