List Of Lucrative Nigerian Scholarships 2024/2025

Pursuing higher education can be an expensive endeavor, especially in a developing country like Nigeria. However, the government, corporations, foundations and even individuals offer scholarships to help qualified and deserving students fund their university education.

In this blog post, we provide a comprehensive list of lucrative scholarships available to Nigerian undergraduate and postgraduate students for the 2023/2024 academic session. Whether you are a fresh high school leaver seeking support for a first degree or a working professional hoping to pursue a postgraduate program, this list provides details on amounts, eligibility criteria and application periods for some of the most generous scholarships on offer.

With tuition fees rising in both public and private universities coupled with cost of living expenses, these scholarships are a lifeline for students hoping to access quality education without falling into financial distress. The amounts range from hundreds of thousands to millions of naira funding either full or partial tuition fees plus monthly stipends.



Some are merit-based, others needs-based while a good number are focused on specific groups like women, people with disabilities or individuals from indigent backgrounds. We have compiled scholarships offered by the Nigerian government through agencies like PTDF, TETFund and NDDC as well as those by multi-nationals like Shell and Chevron. This list is a must-read for all students looking to fund their university education and maximize their chances of scholarship success.

 

Nigerian Scholarships For Undergraduate And Postgraduates Students 2024

Federal Government Scholarships

1. PTDF Scholarship (Overseas & Local)

The Petroleum Technology Development Fund (PTDF) offers both overseas and local scholarships annually to Nigerian students to pursue undergraduate or postgraduate degrees in disciplines relevant to the oil and gas industry.

Eligibility: Nigerian citizens with admission to top ranking universities abroad or in Nigeria. Fields include: Engineering, Geology, Geophysics, Petroleum Economics, Environmental Sciences and other relevant courses.

Scholarship value: Covers full tuition, travel, books, dissertation costs and monthly stipend for student upkeep.

How to apply: Online application typically opens in January on the PTDF website.

2. TETFund Scholarship

The Tertiary Education Trust Fund (TETFund) offers local scholarships to Nigerian students in public tertiary institutions including universities, polytechnics and colleges of education.

Eligibility criteria: Nigerian students admitted into full-time Bachelor's, Master's or PhD programs in public institutions are eligible to apply. Needs-based for students from educationally less developed states or underprivileged backgrounds. Merit-based scholarships also available. 

Scholarship value: Covers tuition fees and in some cases, books, research costs and dissertation expenses.

How to apply: Applications usually open in January via institutions website or scholarship portal.

3. NDDC Foreign Postgraduate Scholarship

The Niger Delta Development Commission (NDDC) offers foreign scholarships for students from oil producing states pursuing postgraduate studies abroad.

Eligibility criteria: Applicants must hail from Niger Delta region and have secured admission for postgraduate diploma, master's or doctorate programs abroad. 

Scholarship value: Covers tuition, health insurance, travel expenses, books, dissertation costs and living expenses throughout program duration.

How to apply: Application opens in April on the NDDC website and scholarship portal.

 

State Government Scholarships

1. Lagos State Scholarship Award

The Lagos State Scholarship Award is available to Lagos state indigenes admitted to Lagos state-owned tertiary institutions to pursue undergraduate and post graduate degrees.

Eligibility criteria: Residents of Lagos state or students attending a tertiary institution in the state. Needs and merit-based.

Scholarship value: Covers part or full tuition fees.

How to apply: Applications open in July on Lagos State Scholarship Board website.

2. Rivers State Sustainable Development Schoalrship

Rivers state indigenes can apply for the Sustainable Development Scholarship to fund bachelor's or master's degrees at universities within the state.

Eligibility criteria: Undergraduate and postgraduate students who are bonafide Rivers state indigenes.

Scholarship value: Covers tuition fees, books, project materials and dissertation expenses.

How to apply: Application opens April on Rivers State Sustainable Development Agency website.

3. Akwa Ibom State Scholarships

The Akwa Ibom State Government offers undergraduate and postgraduate local scholarships to students from the state.

Eligibility criteria: Indigenes of Akwa Ibom state pursuing degrees at universities within the state.

Scholarship value: Covers tuition fees.

How to apply: Applications commence in July on Akwa Ibom State Scholarship Board website.

 

Oil Company Scholarships

1. Shell Undergraduate Scholarship (Nigeria)

The Shell Petroleum Development Company offers one of the most lucrative scholarships for Nigerian undergraduates studying engineering, geosciences, computer sciences or business/management.

Eligibility criteria: First year Nigerian students admitted to specific universities with high academic merit.

Scholarship value: Full tuition, books, accommodation, laptop allowance and annual stipend for 4-5 years of study.

How to apply: Online application opens February - March.

2. Chevron Undergraduate Scholarship

Chevron Nigeria awards full-ride scholarships to Nigerian undergraduates pursuing select engineering and geoscience degree programs at top institutions in Nigeria.

Eligibility criteria: First year students with high academic achievement and in financial need.

Scholarship value: Fully funds tuition, accommodation, books, health insurance and stipend.

How to apply: Application opens in May - June on Chevron Nigeria website.

3. NLNG Postgraduate Scholarship Scheme

The Nigeria Liquified National Gas (NLNG) Company offers postgraduate scholarships in engineering, geosciences, management and maritime disciplines to Nigerian students.

Eligibility criteria: Nigerian students who have secured admission for postgraduate studies in relevant disciplines including MBA programs.

Scholarship value: Caters for tuition fees, books and thesis research expenses.

How to apply: Applications typically open in July on the NLNG website.

 

International Foundations and Organizations

1. Commonwealth Scholarships - Nigeria

The Commonwealth Scholarship and Fellowship Plan offers both master's and PhD scholarships to Nigerians wishing to study in the UK.

Eligibility criteria: Nigerian citizens with admission to UK universities before applying.

Scholarship value: Covers full tuition fees, stipend, travel costs, etc

How to apply: Applications open around July/August on the Commonwealth Scholarship Commission website.

2. Africa-America Institute Scholarships

The Africa-America Institute offers scholarships worth $5,000 to Nigerians to study in universities within Nigeria or worldwide.

Eligibility criteria: Undergraduate or graduate students who demonstrate strong academic merit and leadership qualities.

How to apply: Applications are open from March to April on the Africa-America Institute website.

3. Mastercard Foundation Scholarships

The Mastercard Foundation Scholars Program provides full scholarships to African students including Nigerians for undergraduate and postgraduate studies abroad.

Eligibility criteria: Academically gifted young Africans with limited finances.

Scholarship value: Covers tuition fees, accommodation, books, health insurance, travel and stipend.

How to apply: Application opens around October -November on the Mastercard Foundation website

 

University-Based Scholarships

1. University of Ibadan Postgraduate Scholarships

The University of Ibadan offers full or partial scholarships sponsored by Petrobuzz Nigeria Limited for Nigerian students pursuing postgraduate degrees at the institution.

Eligibility criteria: UI postgraduate students on merit, needs basis or based on study discipline.

Scholarship value: Covers part or full tuition expenses.

How to apply: Applications open around May-June directly on UI website.

2. University of Lagos Postgraduate Scholarships

UNILAG offers a number of postgraduate scholarships and awards sponsored by Shell, Total, NLNG and other partners for Nigerian students admitted at the university.

Eligibility criteria: Based on academic merit, study discipline or needs-based assessment.

Scholarship value: Funds part or full tuition expenses.

How to apply: Applications open in July and are submitted online via the UNILAG website.

3. ABUAD Postgraduate Scholarships

The Afe Babalola University offers scholarships to about 20-30% of qualified postgraduate applicants admitted at the institution.

Eligibility criteria: Applicants are assessed based on merit, need and geographic diversity.

Scholarship value: Covers up to 50% of tuition expenses.

How to apply: By completing postgraduate admission application online on ABUAD website.

 

Professional Association Scholarships

1. Nigerian Bar Association Legal Education Scholarships

The NBA grants annual scholarships to law students pursuing the mandatory one year Bar Part II program at the Nigerian Law School. 

Eligibility criteria: Nigerian law graduates admitted to the vocational law school program.

Scholarship value: Full tuition scholarship worth NGN300,000.

How to apply: Application typically opens in June - July on the NBA website.

2. Institute of Chartered Accountants of Nigeria (ICAN) Scholarship Award

ICAN offers scholarships annually to Nigerian accounting undergraduates in accredited local institutions as well as final year students pursuing the ICAN certification.

Eligibility criteria: Nigerian students studying accounting or ICAN final year students. Academic merit and financial need considered.

Scholarship value: N100,000 to N500,000 towards tuition fees.

How to apply: Application opens around August - September on ICAN website.

3. Nigerian Institution of Estate Surveyors and Valuers (NIESV) Scholarship Award 

NIESV offers scholarship awards to Nigerian students pursuing undergraduate degrees in Estate Management at accredited institutions.

Eligibility criteria: Full-time Nigerian students in at least 2nd year with minimum 3.0 CGPA.

Scholarship value: N50,000 - N100,000 subject to review.

How to apply: Application typically opens in June on NIESV website and closes after one month.

 

Private Corporate Scholarships

Aside oil firms like Shell and Chevron, some Nigerian private companies also offer competitive scholarships to students in select disciplines.

1. MTN Science & Technology Scholarship Scheme

MTN Nigeria awards scholarships to students pursuing undergraduate or postgraduate degrees in STEM fields especially Computer Science, Information Systems and Electrical Engineering.

Eligibility criteria: High achieving Nigerian students already admitted to local universities in eligible fields.

Scholarship value: Full tuition, books & project research allowance and stipend.

How to apply: Applications open around May - June on MTN Nigeria website.

2. Nigerian Breweries Undergraduate Scholarship

The Nigerian Breweries offers scholarships to Nigerian students admitted to institutions within the country to study disciplines relevant to the company's business operations.

Eligibility criteria: High school graduates with minimum of 5 credits and UTME score above 200. Study fields include Brewing Science & Technology, Biotechnology and Food Science & Technology.

Scholarship value: Fully covers tuition fees, accommodation and stipend throughout duration of study.

How to apply: Application opens in April - May on the Nigerian Breweries Plc website.

 

Conclusion

The cost of quality education both locally and overseas can often be prohibitive for bright and exceptional Nigerian students. However, there exist a broad range of lucrative scholarship opportunities to help defray expenses and make university education more affordable.

As highlighted in this blog post, undergraduate and post graduate students can target scholarships offered by the Federal government, state governments, multinationals companies, international foundations, private Nigerian firms, universities and even professional bodies to fund various aspects of their degree programs ranging from tuition fees to research expenses and living costs.

While most scholarships are merit-based and may require outstanding academic achievements, others are focused on disadvantaged groups and offer assistance on the basis of financial need. Students are advised to thoroughly research each opportunity against the listed eligibility criteria and following the provided application guidelines and deadlines to improve their chances of success.

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