By Abiola Olawale
The Managing Director/Chief Executive Officer (MD/CEO) of Transcorp Hotels Plc, Dupe Olusola has announced the unveiling of the Next Generation Foundation.
Olusola explained that the foundation is a philanthropic fund dedicated to improving the lives of vulnerable children through education.
In a press statement made available to the New Diplomat, Olusola stated that with the foundation, she intends to extend her lifelong commitment to empowering others, driven by a deep belief in the transformative power of education.
According to her, the foundation’s vision is for every child to have access to quality education, and a chance at a better life.
Reflecting on her motivation to create the foundation, Olusola shared: “Education changes lives—it opens doors to a future filled with opportunities, particularly for children who might otherwise be left behind. Nigeria faces one of the highest out-of-school populations globally. With the Next Generation Foundation, I hope we can make a meaningful difference in changing that.”
To mark her 50th birthday, Olusola has introduced the foundation’s flagship initiative, the 50 by 50 project – a multi-year scholarship program (commencing in the 2024/2025 academic session, for 50 children between the ages of 6 to 1 from low-income families.
The 50 by 50 project will provide free tuition, books, school uniforms, nutrition programs, access to health services, and mentorship to the beneficiaries, starting in the FCT, Lagos and Ogun states.
This effort will be powered by partnerships with leading social impact organizations focused on education.