Highlight

Relief for BEA Foreign Scholars as FG Releases 50% of Outstanding Allowances

553
Advertisement




By Omoyeni Ojeifo

Nigerian students studying abroad under the Bilateral Education Agreement (BEA) Scholarship Programme have begun receiving their long-awaited stipends.

Education Minister Dr. Tunji Alausa confirmed that 50 percent of the outstanding 2025 allowances have been released for disbursement.

The development was disclosed on Wednesday in a statement by the Ministry of Education’s Director of Press and Public Relations, Boriowo Folasade.

The ministry confirmed via its official X handle that the Federal Government has initiated payments to scholars across partner nations.

“The Central Bank of Nigeria has already transferred the approved funds to Nigerian embassies and missions abroad for immediate disbursement to beneficiaries,” Persecondnews quotes from the statement.

It added that the intervention reflects the government’s commitment to clearing verified obligations owed to Nigerian students abroad and ensuring their welfare is not compromised.

Alausa explained that the released funds represent 50 percent of the approved outstanding obligations for 2025, adding that arrangements are ongoing to settle the remaining balance.

He maintained that the funds have already reached relevant foreign missions, with affected students expected to begin receiving payments as processing commences.

The Minister applauded President Tinubu for his constant support to ministry, saying: “This reflects the Federal Government’s continued commitment to supporting Nigerian students abroad under the Renewed Hope Agenda of President Bola Ahmed Tinubu.”

The Ministry reaffirmed its commitment to fulfilling all legitimate obligations to BEA scholars and strengthening payment systems to ensure timely disbursement going forward.

Author

See also  Diversify, Tap Alternative Funding, Minister Tells Federal Varsities

Leave a comment

Related Articles

Just In: Another Enugu Building Collapse Leaves Six Family Members Dead

Heavy rains and landslides in Enugu State’s Awgu Local Government Area caused...

Lekki Deep Seaport Leads as Nigerian Ports Log 2,152 Vessel Calls

By Samuel Akpan Nigeria’s seaports welcomed 2,152 vessels in the first half...

Education Minister Explores Global Partnership For Nigeria’s Next-Gen STEM Skills

By Omoyeni Ojeifo Nigeria is exploring a potential Transnational Education partnership with...

Sports Federation Presidents For Abuja IOC-Backed Governance Training

By Samuel Akpan Nigerian sports federation presidents will gather in Abuja next...