The Federal Government says it has released N9.5 billion for the payment of backlog of scholarship allowances owed Nigerian students at home and abroad up to December 2018.
The Minister of Education, Malam Adamu Adamu, who was represented by Alhaja Asta Ndajiwo, the Director, Federal Scholarship Board, disclosed this during a press conference in Abuja at the weekend.
Adamu said that the government of President Muhammadu Buhari had already expended over N800 million in 2018 for the payment of scholarship stipends to students at home and abroad.
According to him, with the current release, the administration will be spending a total of N10 billion for payment of scholarship to students in the 2018 budget “and we are determined to do more’’.
He said: “Let me use this opportunity to direct the scholarship board to immediately undertake all due processes required to clear the backlog of scholarship allowances owed Nigerian students both home and abroad.
“The Federal Government has already released the sum of N9, 752, 000 for this purpose.
“In the third edition of our weekend press briefing, I informed you that the government of President Muhammadu Buhari has already expended over N800 million in payment of scholarship stipend.”
He said that the number of scholarship applicants had risen to 30,000 as against the usual 12,000 applicants for the four scholarship schemes.
The News Agency of Nigeria (NAN) reports that Nigeria has four scholarship opportunities which can be enjoyed by students to further their academic pursuits.
They are the Commonwealth scholarship, the Bilateral Education Agreement (BEA) scholarship, the Federal Government scholarship and the Sustainable Development Goals scholarship.
However, the qualifying examination for the commonwealth scholarship had just taken place in Abuja on Jan. 17. (NAN)
Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.
