Bola Ahmed Tinubu has announced a reduction in the allowances for foreign Nigerian students studying in Moscow, Russia.
This was disclosed in a letter dated July 23, 2024, which was signed by the Director of the Federal Scholarship Board, Ndajiwo H.A., on behalf of the Minister of Education, Prof. Tahir Mamman, and sent to the scholars’ association by the Federal Scholarship Board under the Federal Ministry of Education.
According to the letter, the monthly allowances were slashed from $500 to $220; the graduation allowance from $2500 to $2000; and the PG research allowance was slashed from $1,000 to $500.
The total for the payments initially paid was $5,650 per student but will now be $4,370 but allowance for health insurance, pilot allowance and Medical allowance remains $200, $700 and $500 as before.
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However, they notified that it was due to the prevailing economic situation, and the payment mandate for the BEA scholars’ allowances will be as per the new adjustment.
Meanwhile, reports has it that the scholars have not been paid for close to eight months and have endured financial strain due to the delay in receiving their stipends.
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