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Impostor-foreign scholars demanding bailout -TETFund

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.
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Natasha’s Suspension is an insult to Kogi Central Constituents — Peterside

By Kayode Sanni-Arewa
Founder of Anap Foundation, Atedo Peterside, says the suspension of Kogi Central Senator, Natasha Akpoti-Uduaghan, by the Senate is an insult to her constituents.
In a post on X on Sunday, the founder of Stanbic IBTC Bank Plc described the suspension of the female lawmaker as disturbing.
“The most disturbing aspect of the Nigerian Senate hullabaloo around Natasha Akpoti-Uduaghan is that the Senate Leadership must be aware that her suspension for six months is ultra vires and also disrespectful to her constituents in Kogi State, but they don’t care,” Peterside stated, pledging that he stands with the female lawmaker amid her ordeal.
The most disturbing aspect of the Nigerian Senate hullabaloo around @NatashaAkpoti is that the Senate Leadership must be aware that her suspension for 6 months is ultra vires and also disrespectful to her constituents in Kogi State, but they don’t care
#IStandWithSenatorNatash
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Petrol Imports Hit 105% To ₦15.42trn In 2024 — NBS

By Kayode Sanni-Arewa
The latest data by the National Bureau of Statistics (NBS) on the foreign trade statistics, said the increase was from N7.51trn recorded in 2023.
The development comes despite current increasing domestic refining capacity, especially at the 650,000 barrels-per-day Dangote Refinery and the ongoing rehabilitation of state-owned refineries.
In December 2024, the Nigeria National Petroleum Company Limited (NNPCL) announced the restart of the 125,000 barrels per day (bpd) Warri Refinery and Petrochemical Company (WRPC), which was approved for rehabilitation in 2021 for $897 million.
The Port Harcourt Refining Company (PHRC), with a total installed capacity of 210,000bpd, recently restarted operations at its old plant, which currently produces 60,000bpd.
Nigeria spent N2.01trn on fuel imports in 2020. By 2021, this figure more than doubled, rising by 126.9% to N4.56trn, indicating a sharp increase in import dependence and global price fluctuations. The upward trend continued in 2022, with import costs jumping by 69.1% to N7.71 trillion, driven by rising crude oil prices and Nigeria’s inability to refine a significant portion of its fuel needs locally. In 2023, petrol import expenditure recorded a marginal decline of 2.6% to N7.51 trillion, suggesting a temporary easing, possibly due to factors such as forex adjustments and lower global oil prices.
However, riding on the back of a 40.9% depreciation of the naira, 2024 saw a 105.3% increase to N15.42 trillion, the highest on record.
Despite the rise in local refining, production remains insufficient in meeting demands, necessitating continuous dependence on importation.
Supply chain inefficiencies, and persistent demand-supply imbalances, Foreign exchange fluctuations, among other factors, have also militated against meeting local demands, as the rising cost of petrol imports continues to strain government finances and consumer purchasing power.
Nigeria operates four national refineries: one in Kaduna, one in Warri, and two in Port Harcourt.
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Finally , El-Rufai dumps APC, joins new political party

By Kayode Sanni-Arewa
Nasir Ahmad El-Rufai, a former Kaduna State Governor, has officially resigned from the All Progressives Congress (APC) and joined the Social Democratic Party (SDP).
El-Rufai, in a resignation letter submitted on Monday to his ward in Kaduna State, cited irreconcilable differences with the ruling party’s leadership, after which, expressed disappointment with the party’s trajectory in recent years
“I have diligently served the APC and made my contributions to its viability as a political platform,” he stated. “However, developments in the last two years have confirmed a troubling disregard for democratic principles and progressive values that I hold dear.”
The former APC chieftain was founding member of the party and played a key role in securing electoral victories for the party in 2015, 2019, and 2023.
El-Rufai, while reflecting on his tenure as Kaduna governor, highlighted his administration’s focus on human development, education, healthcare, infrastructure, job creation, and investment.
He added that his decision to part ways with the APC was due to growing concerns about governance and internal party dynamics.
“At this point in my political journey, I must seek another political platform for the pursuit of the progressive values I cherish,” he said.
Announcing his move to the SDP, El-Rufai expressed gratitude to his mentors, colleagues, and supporters, reaffirming his commitment to advancing democratic principles.
“As a member of the SDP, I am committed to fostering a unified democratic platform to challenge the APC in upcoming elections
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