The Federal Government, through the Federal Ministry of Education, has announced a slash in allowances of foreign scholars who are currently stranded in Russia, Morocco, and Algeria, among others by 12.7%.
The ministry attributed the development to economic crises which earlier reported that Nigerian students studying in Russia, Morocco, Algeria, China, Hungary, and other countries, on the Federal Government’s scholarship lamented their unpaid stipends for eight months running.
The government’s decision to slash the scholars’ allowances was contained in a memo signed by the Director of the Federal Scholarship Board, Ndajiwo H.A., on behalf of the Minister of Education, Prof. Tahir Mamman.
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 memo, dated July 23, 2024, and addressed to the scholars’ association.
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
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