The Federal government has begun launching outstanding 2025 allowances owed to Nigerian trainees studying overseas under the Bilateral Education Agreement Scholarship plan.
The advancement was revealed in a declaration provided Wednesday by the Federal Ministry of Education through its Director of Press and Public Relations, Boriowo Folasade.
According to the ministry, authorized funds have actually been moved by the Central Bank of Nigeria to Nigerian embassies and diplomatic objectives for onward payment to eligible beneficiaries.
Minister of Education, Tunji Alausa, stated the quantity launched covers half of the exceptional approved payments for 2025, while arrangements are underway to settle the remaining balance.
He noted that the funds had currently reached embassy accounts and directed affected objectives to start dispensation to recipients without delay.
The minister also advised students covered by the plan to monitor their savings account as payments are expected to begin showing.
Read likewise:
University of Montana Graduate Scholarship 2026|Totally Funded Master’s Opportunity in the U.S.A.
The BEA scholarship program, which supplies government-funded support for Nigerian students studying in partner countries, has actually given that been terminated. However, recipients have consistently raised concerns over delayed allowances, citing the financial strain triggered by the stockpile.
The current payment move is expected to ease pressure on impacted scholars.
Alausa said the dispensation lines up with President Bola Tinubu’s Renewed Hope Agenda, which prioritises student well-being and academic development for Nigerians studying abroad.
The Federal Government further repeated its dedication to satisfying commitments to scholarship recipients and advancing policies focused on enhancing education, student support and human capital development.