As the most populous African country and the seventh most populous country in the world, United Nations anticipates that Nigeria will become the third largest country in the world by 2050 with 399 million people.
With the average cost of public universities in Nigeria at $125-$500 per year, and the average cost of private institutions at $2,700 annually, affording and financing tertiary education has become a fundamental challenge for the average Nigerian student. With the average annual Tertiary Education Dropout Rate at about 18%, something drastic has to be done.
Driven by the passion to solve this fundamental social problem and nip the challenges of tertiary education financing in the bud, Coverpage Partnership Solutions Limited has developed PressPayNg – An education technology that offers education savings, education loans, education insurance, education health maintenance and holiday jobs for students in tertiary institutions in Nigeria. The education savings and loans are aimed at tuition payment in order to flatten the curve of tertiary education dropout rate and boost the Nigerian economy through human capital development.
Offering disruptive innovations and silver bullet solutions to human capital development in Nigeria.