FG reduces allowances of foreign scholars’ over economic hardship | Read Details
FG reduces allowances of foreign scholars’ over economic hardship | Read Details
The Federal Government of Nigeria, has announced a reduction in the allowances of foreign scholars who are currently stranded in Russia, Morocco, and Algeria, among others by 12.7%.
A memo signed by the Director of the Federal Scholarship Board, Ndajiwo H.A., on behalf of the Minister of Education, Prof. Tahir Mamman, said the reduction became necessary due to the current economic situation.
According to the memo, the monthly allowances were slashed from $500 to $220; the graduation allowance from $2500 to $2000; and the PG research allowance was slashed from $1,000 to $500, among others.
The total for the payments initially paid was $5,650 per student but will now be $4,370.
The memo dated July 23, 2024, and addressed to the scholars’ association, read in part;
“After due consultations, the Federal Scholarship Board has come up with adjustments in line with budgetary provisions in the payment of BEA scholar’s supplementation allowances for the 2024 academic year.
“The Scholars’ Association is hereby notified that due to the prevailing economic situation, the payment mandate for the BEA scholars’ allowances will be as per the new adjustment.
“The balances for the years 2023 and 2024 owed to scholars will be paid as soon as the funds are made available.”
The affected students are studying under the Federal Government’s Bilateral Educational Agreement, BEA Scholarship.
The BEA scholarship is for the purpose of education exchange between Nigeria and the partnering countries.
The Federal Scholarship Board is supervising the scholarship under the Federal Ministry of Education.
Prior to this development, the Nigerian students studying in Russia, Morocco, Algeria, China, Hungary, and other countries, on the Federal Government’s scholarship has lamented their unpaid stipends for eight months running.
The President of the Union of Nigerian Students under the Federal Government-controlled Bilateral Educational Agreement Scholarship, Ayuba Anas, had said;
“For the past six to eight months, scholars enrolled in various institutions abroad have endured financial strain due to the delay in receiving their stipends.
“In addition, from the last payments we received (March-August), there was a shortfall of practically two and a half months’ payment. Moreover, some students in China have not received any stipends since they arrived in April and May 2023.“
Read the memo below: