Transcorp Hotels MD Launches Foundation

Managing director/CEO of Transcorp Hotels Plc, Dupe Olusola, has announced the launch of the Next Generation Foundation, a philanthropic fund dedicated to improving the lives of underserved and vulnerable children through education.

In a statement, Olusola said she is extending her lifelong commitment to empowering others, driven by a deep belief in the transformative power of education. She added that 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 multiyear scholarship program (commencing in the 2024/2025 academic session) for 50 children aged 6 to 18 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. Partnerships with leading social impact organizations will power this effort focused on education.