The Lebanese Nigeria Initiatives (LNI), a not-for-profit association by the Lebanese community in Nigeria, has created a scholarship scheme which will award full MBA scholarship for Nigerians at the prestigious American University Beirut (AUB).
The scholarship endowment, which is worth $1.5 million, will enable two Nigerians to attend the AUB every year.
The only time that the MBA scholarship could end is if the university – which is around 300 years old – ceases to exist.
The Consul General of Lebanon in Nigeria, Mr Elias Nicolas said the scholarship scheme which adds “to other economic and social development contributions of the Lebanese community in Nigeria” is focused on strengthening the already good relationship between the two countries.
Mr Nicolas has said that the Lebanese community has always seen itself as part of the social fabric of Nigeria, noting that this scholarship endowment is a sign of the commitment towards the educational upliftment of young Nigerians.
The Consul General thanked Mr Faysal El Khalil, the Chairman of the LNI, and other members of the Board of Trustees for their efforts in this project.
MBA scholarship for Nigerians graduates to invest their knowledge back into Nigeria
Vice-Chairman of the LNI, Mr Ali Safieddine said that the endowment is intended to identify young Nigerians who can acquire requisite knowledge from global institutions who would then come back to invest in Nigeria for the benefit of the country.
Mr Safieddine thanked Nigeria for the opportunity for the Lebanese to live peacefully and do business within the communities. He added that this spirit of unity was part of what informed the life MBA endowment fund at AUB.
The beneficiaries of the scholarship will be ambassadors of Nigeria in Lebanon while at the AUB, and on their return, ambassadors of Lebanon in Nigeria as at this point they will be immersed in both cultures.
In order to be eligible for selection, the candidate must satisfy the admission requirement of AUB and also be ready and willing to return to Nigeria following graduation to have a positive impact on Nigerian society.
Photo: Lebanese Nigeria Initiatives
Hari is the Managing Editor of Global Education Times. Hari has clocked nearly a decade working as a communications professional with a focus on the education sector. He has also had stints in journalism and advertising in a career which has seen him live, study, and work, in three countries.
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