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Home Sectors Education

Petroleum Development Fund shortlists 5,746 Nigerians for foreign scholarship interviews

Rosalia Ozibo by Rosalia Ozibo
July 14, 2025
in Education, Sectors
Petroleum Development Fund shortlists 5,746 Nigerians for foreign scholarship interviews
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The Petroleum Technology Development Fund (PTDF) has shortlisted a total of 5,746 candidates across Nigeria for interviews under its 2025 Overseas Scholarship Scheme.

This was disclosed on Monday during the commencement of the interview exercise in Kaduna, one of the designated centres for the North-West geopolitical zone.

A total of 3,875 candidates were shortlisted for Master’s degrees (MSc) while 1,871 were selected for Doctorate programmes (PhD), according to the PTDF.

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The Finance Act is the solution of President Buhari to the revenue problem which the Finance Minister, Ahmad Zainab, said Nigeria has. The Nigerian government is looking to grow its revenue through taxes, and one of such is the digital tax which Vice President, Yemi Osinbajo, said will commence despite the threat of the US which is aimed at protecting the silicon companies. No more back door operation: Facebook, Google, Amazon, YouTube and many more digital businesses have a sizeable market in Nigeria, but don’t have a physical structure for their operations; this has cost Nigeria tax revenue. These companies are known to prefer situating their companies in tax havens where taxes are low compared to other African and European countries. Ireland and Bermuda are some of the tax havens for these multinational companies. But according to Osinbajo, the period of making gains from their operation in Nigeria without paying tax is over. Osinbajo, while speaking at The National Defence College, Course 28 Lecture Event, said that, “Let me also briefly mention the new provisions on Taxation of Digital Economy and Non-Resident Companies. This is a very important aspect of our taxation policy. Before the Finance Act, only companies that had a physical presence or a fixed base in Nigeria could be taxed. “So, most digital companies, I mean any of the big technology companies, or multi-national digital companies, that did not have physical offices in Nigeria, made significant income from Nigeria from online activities, such as advertising, movie streaming, online gaming and e-commerce from subscribers in Nigeria, but paid no taxes whatsoever because they did not have a physical base in Nigeria. So now we are no longer relying on the fixed base or physical address criterion.” He added that, “Under the Finance Act, once you have a Significant Economic Presence (SEP) in Nigeria, you are liable to tax. Whether you are a resident here or you are not resident as a company, as long as your economic presence is significant, you are liable to tax. If you are streaming online, advertising using Google adverts, whether you are resident here or not, you are now subject to tax. “So, non-residents who previously had no fixed base and no Nigerian tax liability will now be liable to tax based on the SEP criterion. The Minister of Finance is empowered to issue a regulation defining what Significant Economic Presence means. So, she just defines the scope of what we will be looking out for in terms of Significant Economic Presence.” Osinbajo explained. Nigeria is not alone in this crusade: Nigeria is not the only country trying to tax these technology companies. The European Union have also been coming after them for taxes. The EU is also stating that if the technology companies are making economic gains through their operation despite the lack of physical presence in several European countries, then the tech conglomerates should be taxed. This has led to review of tax laws by the EU. According to a report by New York Times, new rules to tax these multinational companies are being discussed by about 130 countries through the Organization for Economic Cooperation and Development. The review has become necessary as digital economy begins to open new revenue sources. Should Nigeria tread carefully? The United States has threated to hit any country imposing taxes on the technology companies - which are mostly American – with tariffs on import. This put Nigeria at a rather impossible position, as the country is not economically strong enough to enter a trade war or go on a tit for tat battle with the US. According to Q3 report, the US is the fifth biggest export destination for Nigeria, having imported N322.2 billion (6.28%) goods from Nigeria, with crude oil constituting N329.8 billion. Although, the US is behind Ghana, India, Netherlands and Spain, it doesn’t change the significance of the US market to the Nigerian economy. Meanwhile, Nigeria’s top import sources include the U.S, accounting for N747 billion in H1 2019. Franch had moved to tax the online businesses but have now delayed the plan this year after a meeting with the US; the US has also paused its tariff threat against France. Britain is also one of the digital tax drivers. With such threat hanging over the digital tax, it’s unlikely Nigeria will go ahead taxing these technology companies, as US feels such tax is discriminatory against US firms, and have suggested these companies be allowed to decide if they want to operate with the new tax standards., FG will provide succor for daily wage earners as lockdown continues – Osinbajo

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In Kaduna centre alone, 560 candidates are participating in the exercise, 350 for MSc and 210 for PhDs.

Nationwide exercise 

Speaking at the interview venue, Atahiru Ahmad, Manager of Training at PTDF, explained that the interview was part of the selection process and would run throughout the week for Master’s applicants.

“We are expecting 350 candidates in Kaduna this week for the MSc interview. We schedule them for morning and afternoon,” he said.

Ahmad noted that PTDF created six centres across the federation to ensure accessibility for candidates, adding that applicants were allowed to choose the closest venue to them.

“PTDF was saddled with the responsibility of developing capacity for the oil and gas industry 

“So, we are looking at oil and gas-related courses,” he said.

Also speaking, Dalhatu Ibrahim, Director of the Federal Character Commission (FCC) in Katsina State, said the process was being monitored for fairness and transparency.

“This is not the first time the PTDF is conducting this. 

“They have their criteria on the basis of which they make their selection and shortlist on the basis of those criteria. 

“They shortlist, they invite, and we come to monitor how fair and equitable the process is,” he said

Candidates’ study focus 

Capt. Chukwuebuka Nwali, an officer from the Nigerian Army Education Corps, applied to study Nuclear Physics, aiming to tackle corrosion challenges in Nigeria’s oil and gas sector.

He said he discovered PTDF via friends and social media and expressed his desire to contribute to national development:

“I want to add value to the country after completing my studies abroad,” he said

Ibrahim Jamilu, a geoscientist, applied to study Environmental Geology, citing environmental degradation caused by oil and gas activities.

“My studies would help me understand the interaction between human activities and the geologic environment, enabling me to address environmental issues,” Jamilu stated

Habiba Ali, an economist, is pursuing a scholarship to study Computational Finance, aiming to transform Nigeria’s financial sector through technology.

“I want to leverage this knowledge to address Nigeria’s financial sector issues,” she said.

She expressed optimism about contributing to economic growth, especially in the oil and gas space.

What you should know 

The Petroleum Technology Development Fund (PTDF) Overseas Scholarship Scheme is a fully funded scholarship programme established by the Nigerian government to develop local expertise for the country’s oil and gas industry.

Managed by the PTDF under the Federal Ministry of Petroleum Resources, the scheme provides Nigerian students with the opportunity to pursue Master’s and Doctorate degrees in selected universities abroad.

The scholarship covers all major academic expenses, including tuition, flight tickets, health insurance, and living allowances. It also provides research grants for PhD candidates. The focus of the programme is strictly on fields that are relevant to the oil and gas sector.

These include engineering, geosciences, environmental management, energy economics, oil and gas law, and emerging disciplines such as data science and renewable energy as applied to the energy industry.

The aim of the Overseas Scholarship Scheme is to train a new generation of Nigerian professionals who can bring advanced knowledge and global best practices into the country’s petroleum sector, thereby reducing the reliance on foreign expertise.

Tags: Petroleum Technology Development Fund
Rosalia Ozibo

Rosalia Ozibo

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The Finance Act is the solution of President Buhari to the revenue problem which the Finance Minister, Ahmad Zainab, said Nigeria has. The Nigerian government is looking to grow its revenue through taxes, and one of such is the digital tax which Vice President, Yemi Osinbajo, said will commence despite the threat of the US which is aimed at protecting the silicon companies. No more back door operation: Facebook, Google, Amazon, YouTube and many more digital businesses have a sizeable market in Nigeria, but don’t have a physical structure for their operations; this has cost Nigeria tax revenue. These companies are known to prefer situating their companies in tax havens where taxes are low compared to other African and European countries. Ireland and Bermuda are some of the tax havens for these multinational companies. But according to Osinbajo, the period of making gains from their operation in Nigeria without paying tax is over. Osinbajo, while speaking at The National Defence College, Course 28 Lecture Event, said that, “Let me also briefly mention the new provisions on Taxation of Digital Economy and Non-Resident Companies. This is a very important aspect of our taxation policy. Before the Finance Act, only companies that had a physical presence or a fixed base in Nigeria could be taxed. “So, most digital companies, I mean any of the big technology companies, or multi-national digital companies, that did not have physical offices in Nigeria, made significant income from Nigeria from online activities, such as advertising, movie streaming, online gaming and e-commerce from subscribers in Nigeria, but paid no taxes whatsoever because they did not have a physical base in Nigeria. So now we are no longer relying on the fixed base or physical address criterion.” He added that, “Under the Finance Act, once you have a Significant Economic Presence (SEP) in Nigeria, you are liable to tax. Whether you are a resident here or you are not resident as a company, as long as your economic presence is significant, you are liable to tax. If you are streaming online, advertising using Google adverts, whether you are resident here or not, you are now subject to tax. “So, non-residents who previously had no fixed base and no Nigerian tax liability will now be liable to tax based on the SEP criterion. The Minister of Finance is empowered to issue a regulation defining what Significant Economic Presence means. So, she just defines the scope of what we will be looking out for in terms of Significant Economic Presence.” Osinbajo explained. Nigeria is not alone in this crusade: Nigeria is not the only country trying to tax these technology companies. The European Union have also been coming after them for taxes. The EU is also stating that if the technology companies are making economic gains through their operation despite the lack of physical presence in several European countries, then the tech conglomerates should be taxed. This has led to review of tax laws by the EU. According to a report by New York Times, new rules to tax these multinational companies are being discussed by about 130 countries through the Organization for Economic Cooperation and Development. The review has become necessary as digital economy begins to open new revenue sources. Should Nigeria tread carefully? The United States has threated to hit any country imposing taxes on the technology companies - which are mostly American – with tariffs on import. This put Nigeria at a rather impossible position, as the country is not economically strong enough to enter a trade war or go on a tit for tat battle with the US. According to Q3 report, the US is the fifth biggest export destination for Nigeria, having imported N322.2 billion (6.28%) goods from Nigeria, with crude oil constituting N329.8 billion. Although, the US is behind Ghana, India, Netherlands and Spain, it doesn’t change the significance of the US market to the Nigerian economy. Meanwhile, Nigeria’s top import sources include the U.S, accounting for N747 billion in H1 2019. Franch had moved to tax the online businesses but have now delayed the plan this year after a meeting with the US; the US has also paused its tariff threat against France. Britain is also one of the digital tax drivers. With such threat hanging over the digital tax, it’s unlikely Nigeria will go ahead taxing these technology companies, as US feels such tax is discriminatory against US firms, and have suggested these companies be allowed to decide if they want to operate with the new tax standards., FG will provide succor for daily wage earners as lockdown continues – Osinbajo
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Comments 1

  1. Princewill Okanime says:
    July 15, 2025 at 4:42 pm

    Please can we have access to list? Most of us might be successful and won’t know because there’s not message

    Reply

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