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Nairametrics
Home Business News

FG to pay N75,000 per semester to students studying education in public institutions

Chike Olisah by Chike Olisah
October 6, 2021
in Business News, Spotlight
Nigerian tertiary students,

Former Minister for Education, Adamu Adamu

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The Federal Government has announced the approval of N75, 000 payment per semester for every undergraduate studying education courses in any of the public universities across the country.

The government also revealed that students who are undergoing the National Certificate in Education (NCE) programme in public institutions will get N50, 000. This initiative is part of the federal government’s effort to make teaching very attractive in order to attract the best brains.

This disclosure was made by the Minister of Education, Adamu Adamu, on Tuesday, during the celebration of this year’s World Teachers’ Day in Abuja as the Federal Government reintroduces bursary awards, according to ChannelsTV.

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What the Minister is saying

The minister said that the ministry will collaborate with state governments to ensure that those who studied education in tertiary institutions get automatic employment upon graduation.

The ministry also pointed out that it will partner with the Ministries of Education in the 36 states including the FCT Education Board, to identify respective courses of study required by each state after which N150, 000 will be awarded for undergraduates and N100, 000 for NCE students.

The statement from the ministry reads, “Beneficiaries must attend public institutions only and sign a bond to serve their state for five (5) years on graduation.’’

Adamu said that the fund would be sourced from Universal Basic Education Commission (UBEC), Tertiary Education Trust Fund (TETFund), and managed by the Federal Scholarship Board.

The beneficiaries will also be awarded a sponsorship to at least one refresher training per annum.

The minister also announced plans by the federal government to establish a polytechnic in each of the states of the federation where none exists at the moment. This is part of efforts to further boost the quality of education across the country.

As part of efforts to further boost the quality of education in the country, Adamu says the Federal Government’s plans to establish a polytechnic in each of the states of the federation where none exists presently, are underway.

Adamu added that the Federal Government has also approved the establishment of 6 new Federal Colleges of Education to be located in Iwo, Osun State: Ekhadolor, Edo State; Gidan Madi, Sokoto State; Odugbo, Benue State: Jama’are, Bauchi State and Isu, Ebonyi State.

What you should know

  • The education sector has been hugely underfunded across the country especially with the remuneration and welfare of Nigerian teachers.
  • The Federal Government on October 5, 2021, announced that it has commenced the pilot implementation of new retirement age for teachers.
  • This is coming after President Muhammadu Buhari had approved 65 years or 40 years of service as new retirement age for teachers.
Tags: Education sectorNational Certificate in EducationNCEundergraduates
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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Comments 6

  1. Philip says:
    October 10, 2021 at 10:44 am

    how are we going to do to be part of the offer,and who are we going to meet for the transaction.

    Reply
  2. Usiwoma Ruth says:
    October 11, 2021 at 5:53 pm

    How do I apply for it?

    Reply
  3. Abiodun Festus says:
    October 24, 2021 at 9:45 am

    How can I apply for it please I need the money to pay my school fees

    Reply
  4. AMINU MUSA says:
    October 27, 2021 at 9:35 am

    l am student in nigeria

    Reply
  5. Lamidi kabiru says:
    October 28, 2021 at 10:24 am

    How can I apply please

    Reply
  6. Umar nalado says:
    November 19, 2021 at 2:08 pm

    The purpose is to develop my study and increase my knowlegde

    Reply

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