Education
Exchange Rate Crisis: TETFund to suspend foreign scholarship

Exchange Rate Crisis: TETFund to suspend foreign scholarship
The Tertiary Education Trust Fund (TETFund), on Tuesday, said it plans to suspend foreign scholarships for Nigerian students because of the current exchange rate crisis.
The Executive Secretary of TETFund, Sonny Echono said this on Tuesday when he appeared before the House of Representatives Ad-hoc committee investigating the alleged mismanagement of N2.3tn tertiary education tax by TETFund.
Echono also revealed that over 137 students sponsored abroad by the fund absconded.
He stressed that the scholars who were sponsored by TETFund for “higher education” abroad refused to return to the country after completing their programmes.
In his words, “Some of the scholars that have been sponsored, unpatriotically when they go, they enjoy our scholarship, acquire a higher degree, then refuse to come back, it has become a major crisis.
“The scholarship requires that you will come back. It is required that you have a guarantor and in many cases, the guarantor has suffered undue hardship because when you disappear, we hold the guarantor to pay all the money expended on your behalf but that has not been effective.”
He also revealed that TETFund is working with stakeholders for “stringent and effective measures” to be taken against those who refuse to return to the country for Nigerians to benefit from their expertise.
“We believe that in a system where we work with our embassies and the institutions, we can enforce the repayment for those who insist they will not come back,” he said, adding that if the scholars who don’t want to return to the country refuse to repay the money expended on their programmes, they will be declared persona non grata.
“We will write to the embassies and they will make it available to those countries and they will not be able to get jobs. They will be seen as fugitives of law from their countries.
“We may have to take that hard stand because the numbers are alarming. We just checked about 40 institutions and over 137 absconders and the review is ongoing.
“It is a huge number that we cannot afford and so we will be seeking your support to strengthen some of the existing regulations to ensure that those who benefit from this programme must come back.
“We are not against people looking for greener pastures but do so on your own, not through our scholarship or our sponsorship.”
Speaking on the plan to suspend foreign scholarship due to the exchange rate crisis, Echono said that some of the taxes are paid to TETFund in foreign currencies at the account domiciled with the Central Bank of Nigeria but when fees are to be paid for scholars abroad, the apex bank insists on TETFUND sourcing Forex by itself.
He said: “We operate a system where our forex is being sold on our behalf at an official rate and we apply like anybody else to get it, sometimes it leads to additional cost.
“Currently as I speak, we are in consultations with all our stakeholders to suspend foreign training for a year or two.
“This is because of the recent exchange rate adjustments. We are unable to continue based on our disbursement guidelines.
“The money we allocated in naira cannot cover the dollar requirement for training. For those who are currently there, we now need more naira to pay for the dollar that is required for their annual fees. We are trying to put a hold.”
According to Echono, most of TETFund’s training will now be done locally through “our experienced, first-generation universities and other specialised universities” in the country.
“This way we can retain our resources in-house and cope with the change of foreign exchange variation,” he added.
Echono, who also revealed the federal government was owning TETFund N371.3 billion out of which it has repaid N46 billion so far, denied the allegations that TETFund mismanaged the N2.3tn fund.
Exchange Rate Crisis: TETFund to suspend foreign scholarship
Education
DEPOWA Launches N10bn College Project to Tackle Education Deficit in Nigeria

The Defence and Police Officers’ Wives Association (DEPOWA) on Tuesday laid the foundation for the establishment of a multi-billion-naira boarding college in Abuja, aimed at bridging the education gap in Nigeria and building a brighter future for children and women.
Speaking at the groundbreaking ceremony, President of DEPOWA and wife of the Chief of Defence Staff, Mrs. Oghogho Musa, said the initiative was driven by a long-held dream to contribute meaningfully to the nation’s educational development.
“We are here today to bring a dream to reality,” she said. “This college is geared towards contributing to the educational development in the country, as well as building a future for children in the country.”
Mrs. Musa noted that DEPOWA has consistently played an active role in humanitarian and empowerment efforts over the years, including skills training, personal development seminars, fitness events, scholarship programmes, and free medical and awareness checks.
She emphasized that the main beneficiaries of the association’s initiatives have been widows and orphans of fallen military and police personnel.
“Additionally, DEPOWA provides formal education for school-age children and women of pertinent and older families through the school located at Mogadishu Cantonment here in Abuja,” she said.
However, she explained that the existing facility is limited in scope and cannot provide the kind of holistic education the association envisions. “The school premises is considerably constrained for holistic education and hence the need for the building of a boarding college to facilitate the much-needed expansion of its educational facilities,” she said.
Mrs. Musa stressed the urgency of the intervention, citing UNESCO statistics that place Nigeria among countries with the highest number of out-of-school children—estimated at about 20 million.
“Having a low net enrollment rate of 64.6 per cent in primary education and also a pupil-teacher ratio of 37.65 per cent, this demonstrates that classrooms are over-projected, making them challenging for teachers to provide individualised attention,” she stated.
“As DEPOWA members, we have resolved to introduce a positive change in this regard by constructing the DEPOWA college to further provide a supportive and a nurturing environment for students to develop.”
She added that the college, which sits on 8,000 square meters of land in Asokoro, Abuja, is estimated to cost N10 billion. She revealed that architectural and engineering designs are already completed and that original equipment manufacturers have been contacted.
“By the commencement of academic activities, the college will have facilities such as modern classrooms equipped with interactive boards, sports and recreational facilities,” she said.
“It will also have well-stocked libraries with ICT capabilities, practice rooms for trade projects, and vocational skills such as photography, videography, among other facilities that may be necessary for functional learning.”
According to her, the college will raise educational standards and demonstrate the government’s commitment to investing in the future of Nigerian children.
Also speaking, the Head of the DEPOWA Education Committee, Mrs. Eniola Ekubi, clarified that the college is not being established due to a lack of schools, but rather to provide functional education that meets the needs of today’s learners.
“This project is a direct intervention in support of the non-kinetic operations of the defence and services headquarters,” Mrs. Musa concluded, expressing confidence that the initiative will leave a lasting impact on education in Nigeria.
Education
Petroleum institute matriculates 1,625 students

The Petroleum Training Institute (PTI) Effurun, has matriculated a total of 1,625 students in her 2024/2025 academic session, with a charge to exhibit good character.
The ceremony, held on Friday in Effurun, Delta, was a combined matriculation of the Full time and School of Industrial Continuing Education Programme students.
Addressing the matriculants, Dr Samuel Onoji, the Principal and Chief Executive of the PTI urged the students to exhibit good character while in the institute.
Onoji, while congratulating the matriculants, warned that the institute had zero tolerance for social vices.
He mentioned some of the social vices to include: examination misconduct, physical and sexual assault, indecent dressing, prostitution, cultism, stealing, certificate forgery, bullying and harassment.
Onoji advised the students to be focused and determined, curious and innovative, respectful and responsible and be proactively engaged in extracurricular activities in the institute.
Onoji also encouraged the students to access the Nigerian Education Loan Fund (NELFUND) programme of the federal government to alleviate their financial needs.
He said that the institute received her first NELFUND disbursement on Feb. 11, 2025, adding that the beneficiaries had been paid.
The PTI boss said the institute was dedicated to training middle level manpower for the oil and gas industry.
“Today marks a significant milestone in your academic journey, and I am delighted to share this experience with you.
“PTI has established international collaborations and partnership that enhance our curriculum, facilities and research capabilities that are industry-focused and aligned with the industry to address identified skill gap in the oil sector.
“Our programmes are designed to equip you with the knowledge, skills and competencies required to excel in dynamic and highly technical fields,” he said.
Onoji urged the students to uphold the highest behavioral standard, respect, and integrity in line with the rules and regulations of the institute.
The PTI boss emphasised the importance of hard work and dedication, saying that the oil and gas industry was highly competitive and dynamic.
He said that the campus was a safe and inclusive environment that promoted learning, growth and personal development.
Onoji assured parents of the matriculants that the institute was committed to providing a supportive and inclusive environment that would enhance academic excellence, personal growth and character development.
One of the matriculants, Mr Monday Ejiroghene, thanked his parents and the institute for the admission and promised to justify the confidence reposed on him by way of exhibiting good character.
Education
UNIZIK Expels Student for Assaulting Lecturer Over TikTok Video

Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, has expelled a student, Goddy-Mbakwe Chimamaka Precious, for assaulting a lecturer in the Department of Theatre and Film Studies.
The decision, conveyed in an official expulsion letter dated February 13, 2025, was signed by the Acting Registrar, Mr. Victor I. Modebelu.
The university stated that the expulsion followed recommendations from the Student Disciplinary Committee, which found Precious guilty of gross misconduct in violation of the institution’s disciplinary regulations, specifically Regulation 4 (SDR).
The incident, which sparked widespread outrage after a viral video surfaced online, reportedly involved Precious attacking Dr. Chukwudi Okoye, a lecturer in the department. Sources indicate that the altercation ensued after the lecturer interrupted a TikTok video she was recording on campus.
The expulsion letter, which confirmed the university’s zero-tolerance stance on indiscipline, directed Precious to vacate the school premises immediately and return any university property in her possession.
“The Ag. Vice-Chancellor has received the report from the Student Disciplinary Committee on the case of your assault on a lecturer from the Department of Theatre and Film Studies, which was found to be a gross misconduct and violation of the Students Disciplinary Regulations, particularly Regulation 4 (SDR).
“Consequently, the Ag. Vice-Chancellor has, on behalf of the University Senate, approved the Committee’s recommendation that you be expelled, and you are hereby expelled from Nnamdi Azikiwe University, Awka. The expulsion takes immediate effect.
“You are expected to vacate the University premises immediately and return any University property in your possession,” the letter stated.
This development reinforces UNIZIK’s commitment to maintaining discipline and academic integrity within the institution.
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