News
Impostor-foreign scholars demanding bailout -TETFund
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2024/05/TETFUND.jpg&description=Impostor-foreign scholars demanding bailout -TETFund', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2024/05/TETFUND.jpg&description=Impostor-foreign scholars demanding bailout -TETFund', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
Tertiary Education Trust Fund (TETFund) has accused those it labelled as impostors of blackmailing the Fund by seeking a ‘bailout’ from the Fund for foreign education pursuit under the platform of TETFund Scholarship for Academic Staff (TSAS).
The alarm was in response to a recent claim by a group of 600 Nigerian scholars abroad that TETFund omitted them in the payment of presidential bailout to TETFund-sponsored foreign scholars, thus appealing to the new Board of Trustees of the Fund to attend to their need.
The scholars, in a statement, said the omission of their names in the bailout disbursement has meted untold hardship on the 600 of them, hence the decision to cry out for help.
One of them said: “We are not faceless. We are 600 in number, and we have earlier sent our letters of complaints with genuine and official evidence to the appropriate quarters. For the avoidance of doubt, we are available for further clarification whenever the authorities want to authenticate our claims or existence.”
The scholars, in a letter addressed to President Bola Tinubu, National Assembly, TETfund and Minister of Education, alleged dishonest treatment and financial hanky-panky against them by officials of TETFund.
The commission, however, urged Nigerians to disregard the claims of the scholars, insisting that it has paid all genuine claims by its scholars, describing the recent claims as blackmail.
TETFund, in a statement, mentioned a particular scholar from the Federal University, Oye-Ekiti, Kamal Adewole Saka, whom it said, was awarded a TETFund scholarship for Ph.D. in Psychology at Girne American University, Cyprus, to the tune of N27,573,350, adding that full tuition had since been paid directly to the institution since November 3, 2022.
TETFund’s TSAS intervention programme was introduced in 2008 to sponsor teaching staff of Nigerian public tertiary educational institutions to acquire additional postgraduate degrees both within and outside Nigeria to enhance their research experience and teaching capacity, and the maximum duration of PhD programmes is four years, while for Masters degree is one year in Europe and two years in other parts of the world.
But prior to September 2019, all approved funds were disbursed to the beneficiary institutions, and also, they were required to lodge the full amount into domiciliary accounts and release same to various scholars in line with the Fund’s guidelines.
But arising from observations made during the monitoring exercises and through numerous complaints about the late release of funds and non-operation of domiciliary accounts by some of the beneficiary institutions, the Fund in 2019 adopted direct payment of tuition fees to foreign institutions on behalf of the scholars.
Following complaints about several lapses and frustrations being experienced in the system by scholars, particularly as regards delays in release of Funds by scholars’ home institutions, TETFund conducted some verification exercises to ascertain the challenges and improve the system.
The outcome of the verification exercises indicated that scholars were affected by the exchange rate fluctuations due to non-operation of a domiciliary account by their home institutions, which left them indebted on their programme; and a lot of them complained that their duration of studies was for four years, while the Fund processed their tuition and allowances for three (3) years, leaving them with a shortfall of one year.
It was also established that a lot of foreign training institutions were not aware that the scholars were being sponsored by TETFund; while some scholars complained about lack of communication between them and their home institutions.
Similarly, it was noticed that some scholars changed their institutions of study based on the approvals obtained from their home institutions which was contrary to the Fund’s guidelines; while some others complained about their home institutions introducing administrative charges on funds approved for them by the Fund; among several others.
Following the successful verification exercise, some policy changes were introduced based on the key findings. The changes started with the need to review the guidelines for accessing the TSAS intervention programme.
As a result, there was the introduction of sensitisation visits to all TETFund beneficiary institutions to acquaint them with the Fund’s guidelines as a regards TSAS; there was approval for the issuance of Scholarship Award Letters to all approved individual scholars; review of the duration of studies for PhD from three years to four years (Tuition fee payment for three years and upkeep payment for four years).
Other decisions were the introduction of the Postdoctoral Fellowship programme; commencement of the direct payment of tuition fees in favour of scholars to approved foreign institutions of study; opening of TETFund dedicated email addresses for all beneficiary institutions; opening of departmental email addresses; processing of funds in favour of stranded scholars based on information provided by the concerned scholars; and signing of MoU with selected foreign universities.
TETFund, in response to the claims of the 600 scholars highlighted some of the reasons some people are blackmailing them with the claim of not being captured in the bailout fund.
It noted that some of the people claiming to be scholars could not provide sufficient documents to back up their claims of being scholars with a particular university doing a particular programme.
It said that while processing the requests for bailout, it noticed that some of the scholars have absconded, yet, requesting for bailout; some have completed their studies but are still requesting for bailout; they submitted inaccurate information; some are scholars on bench work sponsorship (short duration with full payment upfront); some are scholars on postdoctoral sponsorship requesting bailout; while some others submitted forged documents.
In the case of Kamal Adewole Saka, TETFund said the scholar was awarded the scholarship to Girne American University on November 11, 2020, in the total sum of N27,573,350.00. His approved tuition fees of Euros 8,872.50 was paid to Girne American University as of November 23, 2022, almost two years ago; while his upkeep and other allowances amounting to N23,846,900.00 was disbursed in full to his home institution, Federal University, Oye Ekiti, in 2020 in line with the extant schedules.
TETFund in a statement added: “The tuition fees of Kamal Adewole Saka were paid in two tranches based on invoices sent by the scholar: Euros 5,250 on February 11, 2021 and Euros 3,622.50 on April 1, 2021.
“However, the scholar notified the Fund in 2022 of non-receipt of the first tranche and after investigations with the Central Bank of Nigeria (CBN), the bank notified us that the payment failed. A fresh invoice was requested from Mr. Saka and this was used to re-process the payment of Euros 5,250.00. The Fund has evidence of payment and status of the scholar’s account from Girne American University, showing that tuition fees have been fully paid as at November 3, 2022.
“It is, therefore, inappropriate for Mr. Saka to resort to malicious and misleading publications to spread cheap lies when payments of tuition fees for scholars abroad were made through the CBN and not individual staff bank accounts. One expects that Mr. Saka, a Ph.D candidate, would have been discerning enough not to level such a cheap accusation.
“Since payment of tuition fees are made in Forex to institutions of study, the issue of fluctuations in exchange rate is between the Fund and the CBN with no effect whatsoever on scholars.
“Similarly, under the present dispensation (since 2022), even upkeep allowance of scholars after the first year are paid directly in foreign currency to the accounts of scholars, thus eliminating future claims for bailout. The appropriate question the scholar should answer is whether he met the requirements for bailout or not.”
TETFund said it has made a formal report to the Management of the Federal University, Oye Ekiti on Mr. Saka’s inappropriate behaviour and defamatory and libelous publication, and has demanded appropriate sanctions, failure of which the Fund would not hesitate to seek redress on its own.
“While TETFund remains committed to ensuring smooth academic pursuits of its scholars, it is important to restate that TETFund guidelines on the TSAS programme clearly stipulate the appropriate channel for addressing scholars’ plights, which is through their home institutions that nominated them in the first instance and not any other platform.
“It is also worthy of note that the Fund will continue to support eligible scholars to pursue their academic programmes irrespective of some seemingly deliberate smear campaigns by a handful aimed at distracting us from this onerous endeavour,” it added.
News
NNPC slashes petrol price twice within four days
The Nigerian National Petroleum Company Limited, NNPCL, has slashed its fuel pump price for the second time within four days.
A market survey on Saturday by DAILY POST showed that NNPCL retail outlets around Airport Junction and Wuse Zone 6 (Berger) in Abuja have reduced their petrol price to N1210 per litre, down from N1260.
This means that the state-owned oil firm slashed the petrol price by N50 per litre.
This comes barely two days after Dangote Refinery reduced its petrol gantry price by N50 to N1,125 per litre.
Recall that four days ago, NNPCL had adjusted its fuel price pump by N75 per litre to N1260.
With the latest drop by NNPCL retail outlets, petrol prices stand between N1210 per litre and N1305 per litre in Abuja and its environs.
The reduction in domestic fuel comes amid falling crude oil prices, which stand at $69 per barrel and $71 per barrel for West Texas Intermediate and Brent crude, respectively, following the easing of the conflict in the Middle East.
Recall that President Bola Tinubu has kept mum amid the clamour by Nigerians for a commensurate drop in domestic fuel pump prices due to the significant reduction in crude oil prices.
News
Lokoja Court order: INEC speaks on NDC, says it’s yet to receive CTC
The Independent National Electoral Commission, INEC, has said it is yet to receive the Certified True Copy, CTC, of the Federal High Court judgment that set aside an earlier order directing it to register the Nigeria Democratic Congress, NDC, as a political party.
INEC revealed this in a statement issued on Saturday by its Chief Press Secretary and Media Adviser to the Chairman, Adedayo Oketola.
According to the commission, although it is aware of media reports on the judgment delivered by the Federal High Court sitting in Lokoja on June 26, it cannot comment on the ruling until it obtains and reviews the certified copy.
The Independent National Electoral Commission, INEC, is aware of reports circulating in the media regarding the judgment delivered on Friday, June 26, 2026, by the Federal High Court sitting in Lokoja, which set aside an earlier order concerning the registration of the Nigeria Democratic Congress.
“However, as of this moment, the Commission has not yet received the Certified True Copy, CTC, of the court’s order,” the statement said.
INEC stated that its legal department would study the judgment upon receipt of the CTC before advising the commission on the next course of action.
“Once the Commission’s legal department receives and thoroughly studies the CTC of the judgment, INEC will take an informed, lawful decision in line with the court’s directives.
“Until then, we cannot comment on the specifics of the ruling, and the public is urged to await the Commission’s formal position on the matter,” Oketola added.
Justice Isah Dashen of the Federal High Court in Lokoja had on Friday set aside the court’s December 10, 2025, judgment directing INEC to register the NDC as a political party.
The court held that the rights of the Peace Movement Party were affected by the earlier judgment because it was not joined in the suit despite claiming ownership of the logo relied upon in securing the registration order.
Justice Dashen consequently ordered that all parties be restored to the positions they occupied before the December 2025 judgment and directed that the substantive suit be heard afresh with all necessary parties joined.
The NDC has rejected the ruling and announced plans to appeal the decision. Its National Chairman, Senator Moses Cleopas, maintained that the party had not been deregistered and argued that the trial court lacked jurisdiction to revisit a matter on which it had already delivered a final judgment.
The ruling has also attracted reactions from opposition figures, including the NDC’s presidential candidate, Peter Obi, the party’s National Leader, Senator Henry Dickson, and other stakeholders, who described the decision as a threat to Nigeria’s multiparty democracy and vowed to challenge it through all available legal channels.
INEC, however, maintained that it would reserve its position on the judgment until it receives and reviews the Certified True Copy.
News
Just in: Police rescue five abductees in Ogun
A joint police operation rescued five victims abducted near Ogbere Forest in Ogun state on Wednesday.
They were rescued within 25 hours by the Lagos and Ogun Police Commands, which were part of a joint operation codenamed KOSAYE, meaning “No Space” in Yoruba.
The woman was among the victims who were shot in the incident. Her daughter and sister were among those rescued by the police on Thursday.
-
News19 hours agoYou Clearly Didn’t Read the State Police Bill — Akpabio’s Aide Fires Back at Obi
-
News19 hours agoPeter Obi Reacts To court Ruling Nullifying NDC’s Registration
-
News19 hours agoMy Dad’s Wife Needs Money To Maintain Her Lavish Lifestyle- Mr. Ibu’s Son
-
News19 hours agoEdo CJ constitutes special court to try cultists, kidnappers
-
Metro18 hours agoTwo killed in fresh Imo bomb explosion
-
News19 hours agoArmy to recruit 28,000 additional soldiers to combat insecurity
-
News19 hours agoXenophobia: “South Africa is nothing without Africa — MTN Group Chairman, Mcebisi Jonas
-
Entertainment19 hours agoNollywood Actor Joseph Momodu Joins US Army

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49
You must be logged in to post a comment Login