The Executive Chairman of Lagos Island local government, Hon. Taiwo OYEKAN has officially inaugurated a 5-Man Bursary Committee on Tuesday 17 February  2026, at the local government secretariat, Adeniji Adele road,  Lagos Island,  Lagos.

In his speech, Hon. Oyekan said the educational intervention scheme was designed to foster academic pursuit, knowledge acquisition among students, and lessen the financial burden on parents and guardians.

Continuing, he said: “The bursary programme will further complement the Federal Government’s Nigerian Education Loan Fund(NELFUND) and the Renewed Hope Agenda of President Bola Ahmed Tinubu”,

Hon. Oyekan charged the 5-Man Bursary Committee to deliver equitable and transparent services to students across the local government area.

The Chairman of the Bursary Committee, Hon. Moshood Mayegun stated that the  bursary scheme will encourage learning among students and ease financial stress.

Speaking on behalf of the committee members,
Hon. Mayegun pledged to deliver on their mandate and uphold the trust reposed in the 5-Man committee.

The operational guidelines of the Bursary Committee include:
▪︎ Screening and verification of eligible applicants
▪︎ Fair and inclusive distribution of bursary across the political wards
▪︎ Accurate record keeping and submission of reports on disbursement and impact
▪︎ Transparency and accountability in all stages of the disbursement process.

The 5-Man Bursary Committee is:
1. Hon. Moshood Mayegun – Chairman
2. Dr. Shakirudeen Idowu Lawal  – Secretary
3. High Chief Ayodele Ayodeji Oyekan  – Member and Representative of Traditional Rulers
4. Hon. Olusegun Adedeji  Howells  – Member
5. Mr. Iyun Aromire Abiodun Oladunjoye  – Member

The bursary application process and  guidelines shall be published in due course.

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