The Federal Government has begun the disbursement of outstanding 2025 allowances to beneficiaries of the Bilateral Education Agreement Scholarship Programme studying in partner countries abroad.
This was announced in a statement by the Federal Ministry of Education on Wednesday and signed by the ministry’s Director of Press and Public Relations, Boriowo Folasade.
According to the statement, “the Central Bank of Nigeria has successfully remitted the approved funds to Nigerian embassies and missions for immediate disbursement to eligible scholars.”
In the statement, the Minister of Education, Dr Tunji Alausa, said the released funds represent 50 per cent of the approved outstanding obligations for 2025, noting that efforts were ongoing to ensure payment of the remaining balance.
Alausa explained that the funds had already been received in embassy accounts, adding that the affected missions were expected to commence payment to beneficiaries immediately.
