The Federal Government has commenced the disbursement of approved outstanding 2025 allowances to beneficiaries of the Bilateral Education Agreement Scholarship Programme studying in partner countries abroad.
This was disclosed in a statement posted by the Federal Ministry of Education via X on Wednesday and signed by its Director of Press and Public Relations, Boriowo Folasade.
According to the statement, “the Central Bank of Nigeria has successfully remitted the approved funds to Nigerian embassies and missions for immediate disbursement to eligible scholars.”
The Minister of Education, Maruf Alausa, said the released funds represent 50 per cent of the approved outstanding obligations for 2025, while efforts are ongoing to facilitate payment of the balance.
He stated that the funds have already reached embassy accounts, adding that affected missions are expected to begin immediate payments to beneficiaries. Scholars were advised to monitor their accounts as payments begin to reflect.
The BEA programme allows Nigerian students to study in partner countries with complementary support from the Nigerian government.
While it has been discontinued, active beneficiaries have complained about the delay in payment of allowances.
The latest disbursement is aimed at easing financial pressures on existing scholars.
Alausa noted that the development demonstrates the commitment of President Bola Ahmed Tinubu, GCFR, to the welfare and academic success of Nigerian students abroad under the Renewed Hope Agenda.
The Federal Government reaffirmed its commitment to fulfilling legitimate obligations to Nigerian scholars and sustaining policies that promote quality education, student welfare, and national human capital development.
Read the full article here
