Scam or Not: Truth About Presco Oil Scholarship Revealed

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The information reaching us have it that presco oil scholarship has shortlisted candidates who applied for the 2019 Presco Scholarship Program for her online screening test.

Although, the past events have caused the approval of scholarships and award programs before they are announced on authority blogs, however, I did not initially approve the publishing of PRESCO undergraduate scholarship program on 9flux web blog, but decided to give it a try as we did to African Charity last year which we later dismissed as scam, due to obvious reasons.

Our online users have asked the following questions;

  1. Is Presco Oil scholarship a scam?
  2. Is presco really an oil company?
  3. How genuine is Presco Scholarship?
  4. Are there evidences of the scholarship awards?
  5. What is the criteria for being shortlisted for the scholarship?

First of foremost , I will briefly table down the signs to know any scam scholarship.

  1. Shortlists everyone who applies
  2. Test is always conducted online
  3. Unverifiable information
  4. Wrong grammar and poor tenses
  5. Collects money for scholarship processing
  6. No support and contact persons
  7. No track record
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Gladly, Presco oil scholarship failed some of the tests.

Is Presco really an oil company? Yes Presco is an oil company but not crude oil or petroleum, rather vegetable oil and other farm products. You can visit their official website.

How genuine is Presco scholarship? Presco plc have arguably being granting scholarships to students from specified locations in Nigeria.

“…Such projects include the Presco Scholarship Scheme under which twelve students from host communities at Cowan, Obaretin and Ologbo each receive NGN100,000 as annual scholarship grant.

Quoted from:

According to the (link here)

Presco Plc has been declared winner of Corporate Social Responsibility (CSR) agriculture award for two years covering 2016 and 2017.At a ceremony held in Lagos, Presco Plc was announced winner…..

The Nigeria Agriculture Awards (NAA) committee said that Presco’s CSR focuses on the provision of educational infrastructure and scholarships, road maintenance, provision of electricity……

Tony Uwajeh who received the award on behalf of the company explained that Presco remains committed to its CSR Policy……Presco impacted positively on its host communities and environs in critical areas.”

Hence, we can say that Presco scholarship is confirmed to be awarded to host communities only. Now the question is: Were all those who registered for the scholarship program shortlisted irrespective of their communities? Most of the people that I know of who applied were shortlisted, if you applied for the scholarship and you were not shortlisted please notify us using the comment box.

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If all those who applied were shortlisted (irrespective of their states and community) and from previous records, awards have been given to candidates in their host communities (“…Presco Scholarship Scheme under which twelve students from host communities at Cowan, Obaretin and Ologbo each receive NGN100,000 as annual scholarship grant”.), what does this mean to “foreign” candidates who were instructed to pay NGN2,750 for receiving an access code?!

I will not dismiss presco scholarship as scam, but I will advise that if you are from their host communities, it may be an opportunity, but if you are not, Be wise.

For any other complaints, if you want to hear from them, you can contact them using their details below.

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Presco Plc

Obaretin Estate
Km 22 Benin / Sapele Road
Ikpoba-Okha Local Government Area
Benin City
Edo State

Tel: +234-803-413-4444 ( MD Secretary )
Tel: +32 (0)2379 9231
Fax: +32 (0)2379 9232


Contact Persons :

Recommended: Update: 2019 Federal Government Scholarships Dates and Venue
Mr. Felix Nwabuko MD/CEO
Mr. Thor Bakken Chief Operating Officer
Mr. Anthony N. UwMr. Anthony N. Uwajeh Relations Manager/Head of Administration
Mr. Jagdish Kavathar Sales and Marketing Manager
Mr. Patrick Uwadia Company Secretary


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