TETFUND Suspends Foreign Scholarship Component for Academic Staff Training
In a decisive move to
address rising costs and systemic challenges associated with foreign
scholarships, the Tertiary Education Trust Fund (TETFUND) has announced the
suspension of the foreign component of its TETFUND Scholarship for Academic
Staff (TSAS) intervention. The directive, signed by Arc. Sonny S.T. Echono, the
Executive Secretary of TETFUND dated November 25, 2024, is set to take effect
from January 1, 2025. This policy change is in response to a
combination of financial and structural issues, including Nigeria's persistent
exchange rate volatility and an alarming rate of scholar abscondment,
exacerbated by the nation's precarious economic conditions.
The rising cost of
training academic staff abroad has been significantly impacted by Nigeria's
unstable exchange rate. The Naira's depreciation against major currencies has
made funding foreign scholarships unsustainable, creating a heavy burden on the
country's foreign exchange reserves. As TETFUND relies on funds allocated for
national development, the increasing cost of foreign training has diverted
resources that could be used to strengthen domestic educational capacity.
In a related development,
many scholars sent abroad on TETFUND sponsorship have failed to return to
Nigeria upon completing their programs, a trend colloquially referred to as the
“Japa syndrome.” In some cases, scholars abandon their
studies midway, with some reportedly not even attending the institutions they
were sent to. These incidents are often fueled by Nigeria's challenging
economic environment, including high unemployment rates, insecurity, and
limited career opportunities for returning academics. For some scholars, staying
abroad offers a chance at better living conditions and stable employment,
further contributing to the brain drain in the country’s higher education
sector.
Key Points of the New Policy
i.
Focus on Local Training:
Beneficiary institutions are urged to prioritize academic staff training within
Nigerian institutions. This shift aims to bolster local capacity, reduce
pressure on Nigeria's foreign exchange reserves, and enhance domestic
investment in education.
ii.
Current Scholars Unaffected:
Scholars already enrolled in foreign institutions will not be affected by this
policy. They will continue to receive sponsorship support until they complete
their respective programs.
The Executive
Secretary has directed all heads of beneficiary institutions, including Vice
Chancellors, Rectors, and Provosts, to ensure the dissemination of this policy and
facilitate its effective implementation. This bold policy adjustment reflects
TETFUND’s commitment to addressing Nigeria’s economic realities while
maximizing the impact of its intervention programs. Stakeholders in the higher
education sector are encouraged to align with this shift to build a stronger,
more self-sufficient academic workforce. For further details or clarifications,
stakeholders are encouraged to contact TETFUND through official channels.
Stay informed about updates from TETFUND and Nigeria's higher education sector.
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