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137 scholarship recipients of TETFund refuse to return to Nigeria

TETfund

The Executive Secretary of Tertiary Education Trust Fund (TETFund), Sony Echono has stated that a significant number of students sponsored abroad by the fund have chosen not to return to the country after completing their programs.

Echono revealed this information while testifying before the House of Representatives Ad-hoc committee, which is investigating the alleged mismanagement of N2.3tn tertiary education tax by TETFund.

Addressing the issue of recipients remaining abroad 

He expressed concern about the high number of students who absconded, stating that the figure stood at over 137 based on a preliminary assessment of 40 institutions.

Echono emphasized the need to address this issue by strengthening existing regulations and ensuring that beneficiaries of the scholarship program fulfil their obligation to return.

He clarified that while seeking better opportunities abroad is not discouraged, it should not be done using the scholarship or sponsorship provided by TETFund.

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He said: 

Nairametrics reports that the situation has become a major crisis, as some scholars enjoy the benefits of the scholarship, obtain higher degrees, and then refuse to come back to Nigeria.

Echono also mentioned the hardships faced by the guarantors, who are held responsible for the expenses incurred on behalf of the absconding scholars.

Developing stringent methods for beneficiaries 

TETFund is collaborating with relevant stakeholders to develop stringent and effective measures to deal with those who fail to return, to ensure that Nigerians can benefit from their expertise.

In a recent development, as a result of the exchange rate crisis, TETFund is considering the suspension of foreign scholarships.

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