Zinox Group Announces N10 Billion Tech Scholarship Initiative for 1,000 Nigerian Students
In a landmark philanthropic gesture, Leo Stan Ekeh, the Chairman of Zinox Group and a renowned tech icon in Africa, has revealed plans to invest N10 billion in providing 1,000 scholarships for indigent Nigerian students. This initiative, timed to coincide with his 70th birthday on February 22, replaces traditional celebrations with a focus on nurturing future tech leaders to support Nigeria's economic development.
Scholarship Details and Selection Criteria
The scholarships will enable beneficiaries to study Computer Science at Federal Universities across Nigeria, with the first batch commencing in September. Selection will be based on a minimum Intelligent Quotient and age, targeting students from poor households where parents earn below Government Level 10 or its private sector equivalent. Ekeh emphasized that these students will not be bonded and aims for them to earn first-class degrees, with each receiving a tech mentor from year one through a partnership with the Computer Society of Nigeria.
Ekeh's Vision for Nigeria's Tech Future
Speaking on the initiative, Ekeh expressed concern over the shortage of tech-savvy individuals capable of driving growth in sectors like oil and gas, banking, agriculture, and manufacturing. He stated, "We are becoming slaves in our own country in a knowledge century. Only four God-anointed tech wiz-kids can alter the GDP of this country in five years." He believes this scholarship program will help defend Nigeria's tech independence and disrupt global wealth equations in favor of the nation.
Background and Philanthropic Legacy
Ekeh, decorated as 'Icon of Hope' by former President Olusegun Obasanjo in 2003, has a long history of philanthropy. Through the Leo Stan Ekeh Foundation and Zinox Group companies like TD Africa, he has trained over 3,000 Nigerians, donated tech centers to 25 institutions, and launched entrepreneurship centers at universities such as St. Augustine University in Lagos and Imo State University. These efforts focus on upskilling youth and providing resources like Z-pad tablets and interest-free loans.
Personal Reflections and Future Plans
Ekeh, who describes himself as a "miracle child" from a devout Catholic background, attributes his success to God's grace and a proactive personality. He plans to publish a revealing book in 2027 and aims to live to 120 years with the help of God and AI. The full details of the scholarship package will be unveiled online on April 22, 2026, as part of his commitment to giving back to Nigeria and supporting tech innovation.