FG Approves N400m For Students On International Scholarship | Independent Newspapers Limited
Newsletter subscribe


FG Approves N400m For Students On International Scholarship

Posted: Sep 8, 2015 at 12:00 am   /   by   /   comments (0)

The Federal Government on Wednesday approved N400 million for the payment of upkeep allowances of Nigerian students on foreign scholarships.

The Acting Permanent Secretary, Federal Ministry of Education, Hajia Hindatu Abdullahi, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Abuja.

Abdullahi attributed the delay to non-release of capital allowance and the change in government, which delayed the release of capital allocation for 2015.

She explained that the upkeep allowance of the scholars did not come as overhead allocation but capital allocation.

According to her, the allowance payable to the scholars outside the country is from January to December and it is calculated and captured in the budget every year.

She said that the plight of the students was being taken seriously, adding that “we just have an approval of about N400 million, we are now working with the Federal Ministry of Finance to obtain it.

“After that, we will head to the Budget Office and the Central Bank of Nigeria to ensure that the money is remitted as soon as possible to the missions.”

Abdullahi said the entitlements were being worked out from January to December, adding that in 2014, the students got all allowances for the year between July and August.

“Whenever we receive capital allocation in the ministry, we work out the scholarship money and pay into CBN.

“CBN will now remit same in line with the information we have given them; it will remit to embassies which will remit to the scholars,” she said.