• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Education

FG announces N45,000 monthly stipend for technical college students nationwide 

Rosalia Ozibo by Rosalia Ozibo
May 28, 2025
in Education, Sectors
FG announces N45,000 monthly stipend for technical college students nationwide 
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government of Nigeria has announced a monthly stipend of N45,000 for students enrolled in technical colleges across the country, in a move to revamp the Technical and Vocational Education and Training (TVET) sector.

The initiative was disclosed by the Executive Secretary of the National Board for Technical Education (NBTE), Prof. Idris Bugaje, during an interview with the News Agency of Nigeria (NAN) in Abuja as part of the assessment of the second-year administration of President Bola Tinubu.

Prof. Bugaje said the initiative would fast-track the development of technical education and expand student enrollment at the sub-tertiary level.

RelatedStories

FG introduces HND programs in AI, Cybersecurity, Software Engineering to align with global tech trends 

FG introduces HND programs in AI, Cybersecurity, Software Engineering to align with global tech trends 

May 29, 2025
NBTE pushes to make skills acquisition 50% of school curriculum

NBTE pushes to make skills acquisition 50% of school curriculum

September 24, 2023

“With this, young people will find it more attractive to come to a technical college, acquire skills qualifications, get jobs locally and even beyond the borders of Nigeria.” 

“This way, the whole sector is being repositioned. We are at the moment facing what you may call either a resurrection or a rebirth of TVET,” he said.

Why this policy 

According to Prof. Bugaje, the stipend is one of several support mechanisms aimed at encouraging more young Nigerians to choose technical education over conventional university degrees.

He noted that the technical education sector, once vibrant during colonial and early post-independence periods, has suffered years of neglect.

“During colonial days and the early part of our independence, TVET had received attention. 

“But, since the 1980s, we have been going down the drain. That is why the number of technical colleges has dropped, from 129 at the moment, compared to 15,000 senior secondary schools in Nigeria,” he said.

Beyond the N45,000 monthly stipend, Bugaje said the government would also:

  • Cover teaching fees for students
  • Pay industry-based supervisors, known as “master class” instructors, where students undertake industrial attachments
  • Finance the cost of skill certification for students.

N120 billion grant for TVET students 

The Executive Secretary further revealed that the Tinubu-led administration had approved a N120 billion grant to support the new TVET programme.

The funds will be disbursed through the Nigerian Education Loan Fund (NELFUND).

“The N45,000 is not a loan, but a grant. Students who enjoy this are not going to pay back. 

“We want to encourage more people to enroll in technical education,” he said.

To ensure sustainability, Bugaje noted that the Minister of Education is spearheading efforts to pass a legislative bill that would establish a National Skills Fund under a new Nigerian Skills Qualification Framework (NSQF).

“This was an idea we have been talking about in the past years, but the new minister has taken it up. 

“The bill shall soon be presented in the National Assembly to establish the Nigerian Skills Qualification Framework and under it, the National Skills Fund. 

“The National Skills Fund will continue to fund TVET institutions, not only those in government colleges, but also those in the private sector,” he stated.

What you should know 

President Bola Ahmed Tinubu’s administration launched a robust initiative to revitalize Technical and Vocational Education and Training (TVET) across Nigeria to equip the country’s youth with practical skills that address unemployment and drive economic growth.

As part of this mission, the government reformed the TVET curriculum to prioritize practical learning, dedicating 80% of the curriculum to hands-on training and only 20% to theoretical learning.

The federal government, earlier this year, signed a Memorandum of Understanding (MoU) with China to strengthen Technical and Vocational Education and Training (TVET) by equipping Nigerians with practical, hands-on skills, enhancing the quality of technical education, and improving the nationwide implementation of vocational training.


Follow us for Breaking News and Market Intelligence.
Tags: Prof. Idris BugajeRevamp of Technical and Vocational Education and Training sectorStipend for technical college students in Nigeria
Rosalia Ozibo

Rosalia Ozibo

Related Posts

FG introduces HND programs in AI, Cybersecurity, Software Engineering to align with global tech trends 
Education

FG introduces HND programs in AI, Cybersecurity, Software Engineering to align with global tech trends 

May 29, 2025
NBTE pushes to make skills acquisition 50% of school curriculum
Education

NBTE pushes to make skills acquisition 50% of school curriculum

September 24, 2023
Next Post
FGN Bonds, bond, DMO set to auction N150 billion in FGN Bonds to investors , FGN Bond for February 2020 oversubscribed by investors, DMO suspends April 2020 FGN savings bond offer

FG's Series VI Sukuk offer oversubscribed by 735%, attracts record N2.205 trillion subscription

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Sovereign green bond offer records N91.42 billion, oversubscribed by 183% – DMO 
  • Banks clear 95% of N180 billion USSD debt, 3 lenders still owing – ALTON 
  • BNY Mellon, Standard Bank launch naira-denominated notes for global investors 

Follow us on social media:

Recent News

DMO, FGN Savings Bonds

Sovereign green bond offer records N91.42 billion, oversubscribed by 183% – DMO 

June 19, 2025
Telecom operators moots price review, says current rate unsustainable

Banks clear 95% of N180 billion USSD debt, 3 lenders still owing – ALTON 

June 19, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics